For Sale265d on market
31405 SE Redmond-Fall City Road
Fall City, WA, 98024 • 98024 • King County
$5,400,000
35.8 acLot
Property DNA
Waterfront Property
Creek
Res-Over 1 Acre Style
Res-Over 1 Acre architecture
Fall City
98024
This home is getting attention
Listed 265 days ago · 571 views · 23 saves
Market activity
Demand and pricing signals for this listing
571 views
People checking out this listing
23 saves
Buyers have saved this home
265 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 49% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
35.8 ACRE LUXURY EQUESTRIAN CENTER. Build your dream home or subdivide to create multiple lots for a luxury equestrian lifestyle. An incredible Event location for spectacular parties or beautiful weddings. Sited above the valley floor this property offers 360 degree views which take in glorious Mt. Si & North Cascades. 2 sets of Nanawall doors open the 2nd floor luxury appointed viewing area to the indoor arena & also East to watch the sun rise. The 200'X80'(approx) indoor arena offers high tech Pinnacle Footing, no dust no watering necessary. 24 indoor stalls & 14 outdoor paddocks. Sonos sound system. All designed to create epic Entertainment & Memories. Located near Redmond, Sammamish & I-90 this Dream Opportunity Awaits Your Creativity.
Estimated monthly payment
Based on current rates
$33,625/month
Principal & Interest$26,425
Property Tax$5,400
Insurance$1,800
Down payment20% ($1,080,000)
3%50%
Est. 6.19% rate · 30yr fixed · $4,320,000 loan
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At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleRes-Over 1 Acre
Systems
Water / SewerAvailable, Jurisdiction: Fall City Water District / Not Available, Septic: Nuwater/LoweFlow to an Oscar Drainfiel, Septic Design Installed
Parking & Outdoor
Lot35.80 Acres
Location & Tax
Neighborhood98024
ZoningRA-5
Annual tax$19,807
Parcel0924079019
Features & details
3 categories of property features
Exterior Features
Lot Features
Open Lot
Paved
Brush
Evergreens
Partially Cleared
Pasture Land
Pond
Stream/Creek
Utilities
Electricity Connected
Septic Design Installed
Gas
Not Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market265
Est. rent$3,062/mo
Tax rate0.82%
On marketJul 14, 2025
PostedJul 15, 2025
Last sold$1,225,000
MLS statusActive
MLS updatedSep 30, 2025
Tour days6
Views571
Favorites23
How are the schools in Fall City?
3 schools rated nearby
Location
Fall City, WA, 98024
Price history
4 events
DateEventPrice$/sqftSource
Jul 15, 2025Listed For Sale$5,400,000—NWMLS as distributed by MLS GRID
Sep 16, 2014Sold$1,225,000—NWMLS as distributed by MLS GRID
Aug 10, 2014Pending Sale$1,450,000—Windermere Real Estate/East, Inc.
Jul 18, 2014Listed For Sale$1,450,000—Windermere Real Estate/East, Inc.
Listed For Sale$5,400,000
Jul 15, 2025•NWMLS as distributed by MLS GRID
Sold$1,225,000
Sep 16, 2014•NWMLS as distributed by MLS GRID
Pending Sale$1,450,000
Aug 10, 2014•Windermere Real Estate/East, Inc.
Listed For Sale$1,450,000
Jul 18, 2014•Windermere Real Estate/East, Inc.
Tax history
15 years of records
YearTax paidAssessed value
Apr 7, 2024$20,289$1,852,500
Apr 7, 2023$19,807$1,709,500
Apr 7, 2022$19,383$1,966,000
Apr 7, 2021$23,356$1,880,000
Apr 7, 2020$21,907$1,583,000
Apr 7, 2019$20,993$1,546,000
Apr 7, 2018$18,497$1,398,000
Apr 7, 2017$19,302$1,423,000
Apr 7, 2016$6,132$1,259,000
Apr 7, 2015$6,132$562,000
Apr 7, 2014$6,132$573,000
Apr 7, 2013$6,132$462,000
Apr 7, 2012—$427,000
Apr 7, 2011—$385,000
Apr 7, 2010—$296,150
Nearby homes
Neighborhood details
Local context around this listing
Fall City, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98024
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 02:54:32 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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