Twins Ridge – Sammamish, WA
Property Status: SOLD
Sold Price: $10,125,000
The Twins Ridge property is an approved 59 lot preliminary plat on approximately 14.74 acres. It’s an assemblage of two parcels located southeast of the intersection of NE 16th Street and 244th Avenue NE. Parcel A is currently developed at its southern end with a 4450sf single-family residence and associated out buildings. Access to the residence is by a driveway off of NE 16th Street. Parcel B is currently undeveloped and vegetated with second-growth deciduous and coniferous forest. The western boundary abuts 244th Ave NE.
The 59 lot preliminary plat was approved by the King County Hearing Examiner on April 11, 2014. The engineer of record, DR Strong Consulting Engineers, is currently proceeding through the final engineering process. The property is not subject to any other offsite requirements and once final engineering is completed, one will be able to submit for building permits through King County.
Sammamish is arguably one of the best markets in the Puget Sound if not the entire West Coast. Due to its superior Sammamish Plateau location, Twins Ridge could prove to be one of the regions hottest selling new home communities.
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