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    3866 E Ames Lake Dr NE Redmond, WA 98053

    For Sale
    $450,000

    1.5-acre wooded parcel with lake access in Redmond, WA.

    Lot size:
    1.51 Acres

    Property Features for 3866 E Ames Lake Dr NE

    General Information

    Lot size
    1.51 Acres

    Source: John L. Scott Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ames Lake Wooded Acreage

    This 1.5-acre parcel features a natural wooded setting with several building sites. It is located in the Ames Lake community, across the street from the lake, offering lake access. Preliminary work has been completed, including a septic design, site plan, previous water certificate, and critical areas study, but will need to be renewed. There are no recorded wetlands, and the property may contain timber value. An easement road will be installed soon to provide access to the property. This property is intended for residential use, allowing for the construction of a dream home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Accounting Firm Daycare Center Electrical Service Travel Agency Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -121.9538948
    Latitude
    47.6440981

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    FAQs

    What type of property is this?
    Land - 1.5-acre wooded parcel with lake access in Redmond, WA.
    Where is this land located?
    The property is located at 3866 E Ames Lake Dr NE Redmond, WA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - 1. 5-acre property in the desirable Ames Lake community with exclusive lake access.; - Significant price reduction of $145,000.; - Natural wooded setting with multiple building sites.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3866 E Ames Lake Dr NE Redmond, WA 98053
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