Discover a rare and exceptional property that perfectly blends privacy, seclusion, and strong income potential in one of Issaquah's most desirable locations. Tucked away on approximately 2 secluded acres, this unique residence offers complete privacy, the home is not visible from the street. A gated entry and long private driveway lead you to a spacious 10,000+ sq ft home that is ready for your vision. This is more than just a house; it's a solid investment with immediate income-generating capability. A main-level unit was previously rented for $2,000 per month, proving its ability to produce reliable cash flow right away while you complete your dream project. With full house plans and professional renderings already prepared, the owner-builder is available to assist with finishing construction, helping streamline the process and control costs. An appraisal from four years ago valued the completed home at $3.3 million, pointing to substantial upside; potentially around $1 million in equity once finished, depending on final renovation costs. The flexible layout and massive square footage make this an ideal setup for: A private luxury estate, multi-generational living with independent spaces or a high-end resale project. The serene, park-like setting is enhanced by a peaceful creek bordering the lower back of the property, creating a tranquil escape while remaining conveniently located in the heart of Issaquah.
| MLS # | 2536175 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | Cedar Heights |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 94 |
| Listing Provided By | Keller Williams Realty Bothell | Victoria L. Stuart |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 4,027 |
| Garage | 4 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 1.92 |
| Property | 12534 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Issaquah |
| Zip Code | 98027 |
| Area | 500 East Side | South of I 90 |
| Community Name | Tiger Mountain |
| School District | Liberty Snr High |
| Elementary School | Maple Hills Elem |
| High School | Liberty Snr High |
| Listing VS Median (in Tiger Mountain) | |
Price: $950,000 low | high Med: $924,995 sqft: 4,027 low | high Med: 1,660 $ / sqft: $236 low | high Med: $557 On site: 94 low | high Med: 83 | |
| State | WA |
|---|---|
| County | King |
| City | Issaquah |
| Zip Code | 98027 |
| Area | 500 East Side | South of I 90 |
| Community Name | Tiger Mountain |
| School District | Liberty Snr High |
| Elementary School | Maple Hills Elem |
| High School | Liberty Snr High |
| Listing VS Median (in Tiger Mountain) | |
Price: $950,000 low | high Med: $924,995 sqft: 4,027 low | high Med: 1,660 $ / sqft: $236 low | high Med: $557 On site: 94 low | high Med: 83 | |
![]() | $1,899,97514129 229th DriveIssaquah, WA 98027 |