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Listed by:Windermere Real Estate/M2, LLC • Miao Sui
$ 2,800,000
Est. payment /mo
Active
3562 120th AVE SE Bellevue, WA 98006
0.39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Newport Shores
MLS Listing ID 2492473
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $7,775
Lot Size 0.392 Acres
Property Sub-Type Land
Property Description
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
State WA
County King
Area 500 - East Side/South Of I-90
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N Yes
View Lake, Partial, Territorial
Garage Yes
Building
Lot Description Paved
Sewer Available, On Property
Water Available, On Property
Schools
School District Bellevue
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.