Existing architectural residence at twilight in Redmond
Potential value creation≈ $950K
4–8 mo.Target execution
12 mo.Seller financing available

11321 165th Ct NE · Redmond, Washington

The asset today

Own the house.
Unlock the estate.

An architectural Redmond residence with substantial existing amenities—and a defined path to a higher-value private compound.

See the value-creation plan ↘
Existing residence3,460 sq ft
Private parcel0.92 acre
Current layout4 BD · 3 BA
Existing amenitiesSauna · Wine cellar

The value-creation plan

How the project targets
$950K in gross value creation.

This is not a cosmetic remodel. The strategy changes the property category—from a single residence into a private luxury compound with a pool, guest residence and dedicated six-car parking solution.

Acquire existing estate$2.25M
+
Execute improvement plan≈ $0.50M
→
Target completed value$3.70M
=
Projected gross spread≈ $0.95M
01Acquire

Purchase the existing Redmond estate with potential seller financing for up to 12 months.

02Build

Add the 40 × 15 ft pool, 1,500 sq ft DADU, covered two-car carport and four-car driveway court.

03Reposition

Market a rare, design-led private compound near the Eastside’s most important corporate campuses.

04Exit

Target an after-repair value of $3.70M following completion of the defined improvement program.

The execution plan

See exactly how the
value is created.

Two coordinated additions reposition the existing home as a complete private compound. A documented general contractor estimate supports the approximately $500K improvement budget.

Top-down master plan showing the full property boundary, complete pool environment and enlarged road-facing Northform DADU

Site placement

Two additions.
One higher-value estate.

The parcel outline confirms the private woodland is part of the 0.92-acre property. Green outlines identify the complete pool environment and DADU program added to reposition the estate.

0.92-acre property + woodlandPool + deck + outdoor kitchen + shower1,500 sq ft DADU + two-car carport
Ground-level concept showing the smaller Northform-style DADU, road-facing carport, right-side porch and paver driveway beside the existing homeGround-level concept · Proposed

From plan to place

A realistic view from the existing approach.

The accessory residence remains visually subordinate to the main house. Its carport faces the arrival drive, while the private porch sits between the two homes.

  • Smaller two-story ADU mass
  • Road-facing covered carport
  • Porch between both residences
  • Interlocking paver drive + green lawn
Concept rendering of a two-story Northform-style DADU and two-car carportConcept visualization
01
Northform DADU · ≈ $370K

Add 1,500 sq ft with a clear design identity.

A compact Northform-inspired residence combines strong Pacific Northwest architecture with a disciplined, buildable scope.

  • 2 bed · 2 bath
  • Two-story Northform design
  • Covered two-car carport
Sunny concept rendering of the level 40 by 15 foot pool, full deck, outdoor kitchen, changing room and outdoor showerConcept visualization
02
Complete pool environment · ≈ $130K

Create a complete outdoor living destination.

Build a level resort-style terrace that combines the pool, full deck and every supporting amenity into one coordinated outdoor environment.

  • 40 × 15 ft level pool
  • Full entertaining deck + hardscape
  • Outdoor kitchen + shaded seating
  • Changing room + outdoor shower
01

Purchase price

$2,250,000
02

Pool + DADU budget

≈ $500,000
03

Total project basis

≈ $2,750,000
04

Target resale value

$3,700,000
05

Projected gross spread

≈ $950,000
06

Estimated execution

4–8 months
Acquisition advantage

Seller financing available
for up to 12 months.

Potential short-term acquisition financing may provide an investor with additional flexibility during design, permitting and execution. Final structure, down payment, rate and all other terms are subject to seller approval and executed financing documents.

Redmond · Eastside innovation corridor

Live close to the companies shaping the world.

Microsoft’s global headquarters is in Redmond. Google, Amazon and Boeing also operate major Puget Sound campuses and employment hubs within practical driving distance of the property.

M
Microsoft

Global Headquarters · Redmond

≈ 15 min
G
Google

Kirkland Campus

≈ 20 min
a
Amazon

Bellevue Campus

≈ 25 min
B
Boeing

Everett Manufacturing Campus

≈ 30–35 min

Lake Washington School District

Top-rated schools.
All within one mile.

9/10

Norman Rockwell

Elementary · 0.3 mi

9/10

Redmond Middle

Middle school · 0.7 mi

10/10

Redmond High

High school · 0.8 mi

GreatSchools ratings shown in the property listing; ratings and attendance boundaries may change.

Important: All budgets, schedules, ARV figures and returns are preliminary projections, not guarantees. The approximately $950,000 figure is a gross spread before financing, carrying costs, permits, design, taxes, insurance, brokerage, closing costs and other transaction expenses. DADU and pool concepts remain subject to feasibility, jurisdictional review and permit approval. Seller financing is not guaranteed and remains subject to negotiated terms, seller approval and definitive documentation.

Estate exterior surrounded by mature trees

Qualified investor access

Request the full
investment package.

Receive the project scope, contractor estimate, improvement concept, market support and next-step acquisition information.

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