Why Live in Overlake
Overlake in Redmond is a key employment hub in the Puget Sound region, blending corporate, retail, and residential areas. The neighborhood features the Microsoft campus with public green spaces and trails. Proximity to Microsoft is a major benefit, with some residents within walking distance, though most people drive. Microsoft also offers a transportation network with shuttles, buses, and the Global Commute Service. Nintendo of America also has its headquarters here, and nearby Bel-Red hosts facilities for Meta, Amazon, and Coca-Cola. Overlake is well-connected with a pedestrian and bicycle bridge over state Route 520, linking to the Redmond Technology Center light rail station, and the Overlake Village Station. State Route 520 and local bus routes provide additional commuting options. Downtown Bellevue is about 6 miles away, and Seattle is approximately 15 miles.
Residential areas north of 40th Street offer views of the Cascade Mountains and a suburban feel with cul-de-sacs and limited through traffic. Housing options range from single-family homes to townhouses and condos. Public schools in Overlake are highly rated, including John J. Audubon Elementary, Rose Hill Middle, and Lake Washington High School. Jing Mei Elementary offers a dual-language Chinese immersion program, and Tesla STEM High School is a top-rated magnet school.
Dining and retail options are concentrated south of the Microsoft campus, with eateries like Dosa House and Dough Zone Dumpling House. Grocery shopping includes Fred Meyer and Trader Joe's, while larger shopping centers like Bellevue Square and Redmond Town Center are a short drive away. Parks such as Westside Park and Marymoor Park provide recreational opportunities, with trails, a zipline, and a dog park. Idylwood Park offers beach access and boating on Lake Sammamish.
Home Trends in Overlake, WA
On average, homes in Overlake, Redmond sell after 118 days on the market compared to the national average of 70 days. The median sale price for homes in Overlake, Redmond over the last 12 months is $406,145, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$406,145
Median Single Family Sale Price
$406,145
Average Price Per Sq Ft
$239
Number of Homes for Sale
1
Last 12 months Home Sales
152
Median List Price
$406,145
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-9%