Listed by Miao Sui, Windermere Real Estate/M2, LLC
- Land
- Type
- 17,092 sq ft
- Lot
- 214
- 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
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Jeff's Neighborhood Guide
Get to know Newport Shores
Jeff's Newport Shores profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.
Also nearby, within the same NWMLS search area.
Property details
Listing details
- Listing number
- #2492473
- Listed
- March 11, 2026
- Days on market
- 214
Parking
- Parking
- Garage
Views
- View
- LakePartialTerritorial
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 17,092 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- AvailableOn Property
- Sewer
- AvailableOn Property
Schools
- District
- Bellevue
What stands out to you?
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- Garage
- Lake
- Partial
- Territorial
- None
- Paved
- Cash
- Conventional
- Electricity Connected
- Natural Gas Available
- Available
- On Property
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.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 5:30 AM 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.