Listed by Miao Sui, Windermere Real Estate/M2, LLC
- 3
- Bedrooms
- 2
- Bathrooms
- 1,990
- Square feet
- $1,407
- Per sq ft
- Single Family Residence
- Type
- 1965
- Year built
- 17,092 sq ft
- Lot
- 124
- Days on market
About this property
Rare development opportunity in Bellevue offering two parcels with a combined 17,000+ sq. ft. in the highly sought-after Newport Shores. This exceptional site presents partial water-view potential and strong upside for higher-density redevelopment, making it an attractive option for builders and developers seeking maximum land value. The existing residence is fully rentable, providing immediate income while pursuing design, permitting, and redevelopment plans. The seller has invested over $100,000 over the years for subdivision. Utilities are largely in place, with water, sewer, and electricity already on site; gas is available at the street, simplifying future development planning. Top-rated Bellevue School District. Prime location just minutes from I-405 and I-90, as well as nearby amenities including Factoria Mall, T&T Supermarket, the T-Mobile Corporate Office, numerous parks, and Downtown Bellevue. An outstanding opportunity to secure land in one of Bellevue’s most desirable neighborhoods with strong development potential.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2488937
- Listed
- March 11, 2026
- Days on market
- 124
- Price per sq ft
- $1,407
Unit & building
- Unit levels
- One
Parking
- Parking
- Attached Garage
- Covered spaces
- 1
- Total spaces
- 1
Views
- View
- LakePartialTerritorial
Construction
- Year built
- 1965
- Style
- 16 - 1 Story w/Bsmnt.
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced AirHeat Pump
- Cooling
- None
- Energy source
- Electric
Interior features
- Features
- FireplaceSkylight(s)
- Fireplaces
- 1
- Fireplace type
- Wood Burning
Flooring
- Flooring
- HardwoodVinylCarpet
Lot
- Lot features
- PavedValue In Land
- Lot size
- 17,092 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Bellevue
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One
- Attached Garage
- Lake
- Partial
- Territorial
- House
- Composition
- Forced Air
- Heat Pump
- None
- Electric
- Fireplace
Listing history
Listed
$2,800,000
March 11, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$16,305
- Principal & interest
- $14,158
- Property tax (est.)
- $2,147
Assumes $560,000 down (20%), a $2,240,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings

$2,098,000
16198 SE 51st Place
Bellevue, WA

$2,650,000
15423 SE 58th Street
Bellevue, WA

$2,800,000
6082 167th Avenue SE
Bellevue, WA

$2,198,000
1308 158th Place SE
Bellevue, WA

$3,395,000
5927 178th Court SE
Bellevue, WA

$3,499,990
15019 SE 16th Street
Bellevue, WA
Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.