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4545 Lake Washington Blvd NE, Kirkland, WA, 98033

2beds
1baths
820sqft
$4,300,000
$5,244price/sqft
$25,329/moest. monthly cost
$1,013,160/yrincome needed

About This Home

Rare west-facing Lake Washington waterfront opportunity in protected Yarrow Bay! This street-to-water property offers 50 feet of coveted no-bank waterfront, a gorgeous 150-foot dock with deep moorage, and sweeping views of the lake and Olympic Mountains. A charming 2-bedroom 1940s Craftsman bungalow currently occupies the site — an ideal income-producing rental or lock-and-go retreat while you plan your build. Seller has full architectural plans available for an approx. 3,600 sq. ft. home designed specifically for this property, giving you a significant head start on development. A feasibility study exploring the potential for multi-unit development is also available. Buyer to verify all development potential and intended uses. Just a short walk to Carillon Point’s restaurants and shops, two minutes to Houghton Beach Park with its dock, boat launch, playground, and trails, and equidistant to Downtown Kirkland and Downtown Bellevue — a location and setting that can’t be beat. Hold, rent, build, or all three. 24 HR NOTICE TO SHOW. DO NOT DISTURB TENANT. DO NOT WALK PROPERTY. SOLD AS IS.

Getting Around

36
WalkingCar-Dependent
44
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

10/10
8/10
Kirkland Middle SchoolGrades 6-82.7 mi
10/10

Construction

Condition

  • Property condition: Average
  • Year built: 1940

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Refrigerator(s),Water Heater: Electric,Water Heater Location: Closet

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Dining Room
  • Flooring: Hardwood,Other

Heating

  • Heating features: Forced Air,Electric,Natural Gas

Interior Area

  • Total structure area: 820
  • Total interior livable area: 820 sqft

Kitchen Without Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 4104500090
  • Zoning: WD-III Wft District
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dining Room,Security System,Water Heater
  • Has view: Yes
  • View description: City,Lake,Mountain(s),Territorial
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake,No Bank
  • Frontage length: Waterfront Ft: 50ft
  • Topography of land: Level,Partial Slope

Lot

  • Lot size: 0.80 Acres
  • Features: Curbs,Paved,Sidewalk,Value In Land,Cable TV,Deck,Dock,Gas Available,High Speed Internet,Moorage
  • Lot size dimensions: .801 ac

Parking

  • Total spaces: 5
  • Parking features: Driveway,Detached Garage
  • Has garage: Yes
  • Covered spaces: 1
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $21,743$260,916
Home Insurance *$421$5,052
Property Taxes $3,016$36,192
Electricity $149$1,793
Total$25,329$303,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$868,422/yr
40% on housing$759,870/yr
45% on housing$675,440/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$5,244This listing

vs Other Active Listings

Avg $/sqft

ZIP 98033$716
King County$441

vs Homes Sold Last Month

Median $/sqft

ZIP 98033$788
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$4,300,000
2023-06-10Listing removed--
2023-03-27Listed for sale$4,300,000
2018-01-03Sold$342,000
2014-07-07Sold$1,600,000
2014-04-22Pending sale$1,500,000
2014-04-01Listed for sale$1,500,000
1999-11-10Sold$635,000
1994-01-14Sold$662,500

For Sale by Agent

AgentErin Dekker
BrokerageBainbridge Homes Real Estate

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