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JRJeff ReynoldsCompass · Seattle

Listed by Nick Pallis, Windermere Real Estate/East

5
Bedrooms
5
Bathrooms
4,395
Square feet
$756
Per sq ft
Single Family Residence
Type
2026
Year built
11,732 sq ft
Lot
10
Days on market

About this property

NEWLY PRICED AT $3,324,000! Murray Franklyn's The Reserve at Phantom Lake is unlike anything else available near Downtown Bellevue. Six estate-caliber residences. One neighborhood. An uncompromising standard of construction that reveals itself the moment you step inside. These are homes built with a discipline rarely found in new construction. Precision framing, reinforced assemblies & sound-conscious construction that create a residence of uncommon solidity & quiet, built for generations to come. Wide-plank 7.5" hardwoods, radiant heated flooring, quartz surfaces, custom tile & meticulous millwork w/wainscoting & crown molding throughout reflect a level of craft that goes far beyond the surface. Soaring ceilings & walls of windows fill every space with natural light, while main-floor guest suites and flexible home office spaces serve the fullness of modern life. Covered decks with gas fireplace, skylights and Infratech heating extend your living space into every season, with an EV-ready garage and natural gas BBQ stub rounding out the details. One completed residence available for immediate occupancy. Four pre-sale opportunities remaining. Set within one of the Pacific Northwest's most coveted natural corridors of over 150 acres of Lake Hills Greenbelt, Phantom Lake Park & Lake Sammamish at your doorstep, with top-rated Bellevue schools, premier dining & shopping and seamless access to I-90 & I-405. Luxury you can see. Quality you can feel. GPS next door to 15824 SE 16th St

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2533977
Listed
June 5, 2026
Days on market
10
Price per sq ft
$756
Original list price
$3,499,000

Unit & building

Unit levels
Two

Homeowners association

HOA dues
$307 monthly
Dues include
Common Area MaintenanceSee Remarks

Parking

Parking
Attached Garage
Covered spaces
3
Total spaces
5

Views

View
Territorial

Construction

Year built
2026
Style
12 - 2 Story
Structure
House
Roof
Composition
New construction
Yes

Heating & cooling

Heating
90%+ High EfficiencyForced AirHeat Pump
Cooling
90%+ High EfficiencyForced AirHeat Pump
Energy source
Electric

Interior features

Features
Second Primary BedroomDbl Pane/Storm WindowDining RoomFireplaceVaulted Ceiling(s)Walk-In Closet(s)Water Heater
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
Ceramic TileHardwoodCarpet

Appliances

Appliances
DishwasherRefrigeratorStove(s)/Range(s)

Community & building features

Features
CCRsTrail(s)
Bus line nearby
Yes

Lot

Lot features
Cul-De-SacCurbsDead End StreetPavedSidewalk
Lot size
11,732 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Bellevue Public Utilities
Sewer
Bellevue Public Utilities
Power
PSE

Schools

District
Bellevue
Elementary
Phantom Lake Elem
Middle
Tillicum Mid
High
Sammamish Snr High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Common Area Maintenance
  • See Remarks
  • Attached Garage
  • Territorial
  • House
  • Composition
  • 90%+ High Efficiency
  • Forced Air
  • Heat Pump
  • Electric
  • Second Primary Bedroom

Listing history

  1. Listed

    $3,499,000

    June 5, 2026

  2. Current price

    $3,324,000

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

$19,663

Principal & interest
$16,808
Property tax (est.)
$2,548
HOA dues
$307

Assumes $664,800 down (20%), a $2,659,200 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

Based on information submitted to the MLS GRID as of August 28, 2026 at 3:15 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.