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.
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
Listed
$3,499,000
June 5, 2026
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.
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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.