Rose Hill-10.5 Acre Development Site in Redmond
Sold Price: $18MM
Property Status: SOLD
Lots: Approximately 53
The offering consists of 10.5 Acres of single family residential zoned property in the City of Redmond. The property is located in the highly valued “Rose Hill” neighborhood on the Greater Eastside. Its proximity to the Eastside Tech Corridor, local and regional shopping as well as the much sought after Lake Washington School District, make it prime for residential development.
The Opportunity: Large Scale Infill Opportunity to Design and Entitle approximately 53 Residential Homesites As a builder/developer, the property provides the ability to control inventory in a very lot constrained market.
Strong Regional Employment: Proximity to large scale employment opportunities in the Eastside Technology Corridor is a key component to attracting upscale homebuyers to Rose Hill. Redmond is considered a top residential destination for high wage earning couples and individuals.
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“We work with several land brokers across the western U.S. And Ron Branch is among the best. Ron is very technically sophisticated, knowledgeable of the mechanics of the markets in which he operates, and is very focused on adding value to his clients. Moreover, he is gentlemen who is just enjoyable to work with. We would recommend Ron to anyone who needs a solid and honest advisor. “
Dustin Bogue
Century Communities -
“I have worked with Ron on land acquisition for the last 17 years and have appreciated his honest service at Branch Marketing Group. Ron has an excellent reputation as a land broker and provides us great insight into our regional land market. His ability to provide land opportunities to us has been invaluable. I recommend Ron to anyone who is in need of a land expert.”
Eric Campbell
MainStreet Property Group
