Date
Details
Price
Change
Source
9/10/2026
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,299,000 Sale Pending
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Property Description
A rare 4.92-acre property offering close-in acreage in the heart of Union Hill. Tucked away at the back of Swan Lake Estates on a quiet, dead-end road, this privately gated property is largely cleared, sunny, and bordered by a creek for added privacy-all while surrounded by $2Million+ estate homes. The existing home offers more than 3,000 square feet with 4 bedrooms, an office, bonus space, oversized laundry room, and a daylight basement-providing an incredible opportunity to renovate and create something truly special. A detached garage and woodshed add even more flexibility. The bones are here; with some TLC, this property could be phenomenal. Or reimagine the property entirely and create your dream estate, with room for expansive lawns, gardens, a shop, equestrian amenities, or additional outbuildings. With no CCRs, the possibilities are extensive. A unique combination of privacy, usable acreage, versatility, and an estate-worthy setting-all just minutes from downtown Redmond.
Full Property Details
Full Property Details for 7001 242nd Ave NE
General
- Price: $1,299,000
- Taxes: $1,270 (2026)
- Status: Pending
- Type: Single Family
- Source: NWMLS
- MLS ID: 2580429
- Updated: 9/16/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Concrete, Hardwood, Stone, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 2
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Lower: 2
- Bedrooms Main: 2
Additional Information
- Amenities: Deck, Fenced-Partially, Gated Entry, Outbuildings, Patio, Propane
- Security/Safety: Partially Fenced, Security Gate
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 3
- Parking Features: Attached Garage, Detached Garage
Location
- Area: 550 - Redmond/Carnation
- County: King
- Subdivision: Union Hill
- Driving Directions: From Hwy 520, turn east onto Union Hill Rd & follow for about 4.2 miles. Fork south (right) onto 238th Ave NE, then left back onto NE Union Hill Rd. Left onto 240th Way NE. Home has own private gate.
School Information
- High School District: Lake Washington
- Elementary School: Alcott Elem
- Middle School: Evergreen Middle
- High School: Eastlake High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Daylight
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 3,040
- Finished Total: 3,040 Sq. Ft.
- Year Built: 1973
Lot Features
- Property View: Territorial
- Lot Size (Acres): 4.9242
- Lot Size (Sq. Ft.): 214,500
- Lot Size Source: Realist
- Topography: Equestrian, Level, Partial Slope, Sloped
- Lot Features: Dead End Street, Paved, Secluded, Value In Land
- Trees/Vegetation: Brush, Wooded
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $1,270
- Tax Year: 2026
- Terms: Cash, Rehab Loan, See Remarks
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 1025069128
Listed by Sam Collins | Windermere Real Estate/East | (425) 643-5500
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Schools
Schools serving 7001 242nd Ave NE
School District:Lake Washington School District
| Name | Grades | Distance |
|---|---|---|
Louisa May Alcott Elementary School 4213 228th Avenue Northeast, Redmond, WA 98053 | K-5 | 1.7 mi |
Evergreen Junior High School 6900 208th Avenue Northeast, Redmond, WA 98053 | 6-8 | 2 mi |
Eastlake High School 400 228th Avenue Northeast, Sammamish, WA 98074 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7001 242nd Ave NE
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7001 242nd Avenue NE, Redmond, WA 98053 (MLS# 2580429) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7001 242nd Avenue NE is currently listed for $1,299,000 and was received on September 10, 2026. Want to learn more about 7001 242nd Avenue NE? Do you have questions about finding other Single Family real estate for sale in Redmond? You can browse all Redmond real estate or contact a Coldwell Banker agent to request more information.