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JRJeff ReynoldsCompass · Seattle

Listed by Jon Minerick, homecoin.com

3
Bedrooms
1
Bathrooms
1,550
Square feet
$774
Per sq ft
Single Family Residence
Type
1954
Year built
15,800 sq ft
Lot
45
Days on market

About this property

Rare Eastgate Opportunity: Expansive 15,800 SF lot on a quiet Bellevue cul-de-sac! This property provides versatile options for homeowners, builders, or investors. The existing 1,550 SF home features 3 bedrooms, 1 bathroom, a light-filled open kitchen and living area, a dedicated laundry room, and a flexible extra room perfect for an office or gym. Outside, the sprawling, level, fully fenced backyard includes a detached storage shed. The true highlight is the oversized lot—an increasingly scarce find in Bellevue. Zoned SR-4 under Bellevue’s updated middle housing regulations (buyer to verify), this parcel offers incredible flexibility for expansion, rental income, or potential redevelopment subject to city approval. Sold strictly as-is. Prime location just off Newport Way with quick access to I-90 (Exit 11). Enjoy being within a short distance of the Newport Way Library, South Bellevue Community Center, Safeway, parks, and transit lines. Minutes from Bellevue College and award-winning Bellevue schools, including Newport High School. Whether you're a homeowner seeking space to grow, an investor looking for a valuable land holding, or a builder exploring future development opportunities, this rare Eastgate property offers location, flexibility, and potential that are difficult to find.

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know Downtown Bellevue

Jeff's Downtown Bellevue 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
#2586302
Listed
September 23, 2026
Days on market
45
Price per sq ft
$774
Original list price
$1,249,500

Unit & building

Unit levels
One

Parking

Parking
DrivewayOff Street

Views

View
Territorial

Construction

Year built
1954
Style
10 - 1 Story
Structure
House
Roof
CompositionTorch Down

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
FireplaceSkylight(s)Water Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
HardwoodLaminateVinyl Plank

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Cul-De-SacCurbsPaved
Lot size
15,800 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
City of Bellevue
Sewer
City of Bellevue
Power
Puget Sound Energy

Schools

District
Bellevue
Elementary
Eastgate Elem
Middle
Tyee Mid
High
Newport Snr High

What stands out to you?

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

  • Territorial view
  • Driveway
  • Off Street
  • Fireplace
  • Skylight(s)
  • Water Heater
  • Wood Burning
  • Hardwood
  • Laminate
  • Vinyl Plank

Listing history

  1. Listed

    $1,249,500

    September 23, 2026

  2. Current price

    $1,199,500

Derived from current MLS listing fields.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$6,985

Principal & interest
$6,065
Property tax (est.)
$920

Assumes $239,900 down (20%), a $959,600 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 November 7, 2026 at 9:50 PM PST. 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.

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