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For Sale 21 Days Online
$1,550,000
4 Bedrooms
2 Bathrooms
1,840 Sqft House
Built 1955
10,500 Sqft Lot
No Garage
Rare redevelopment opportunity in prime Bellevue, positioned on a flat 10,500-square-foot lot at the end of a quiet cul-de-sac within one of the city’s most desirable and supply-constrained commercial corridors. The property is improved with a single-level 1,840-square-foot structure and flexible office/business zoning, providing holding income while plans are evaluated for future redevelopment. The level topography, efficient lot configuration, and low-traffic setting create an ideal foundation for repositioning or redevelopment, subject to city approvals. Zoning supports a variety of potential uses, including office, medical, wellness, or boutique commercial concepts, offering significant optionality for developers and investors seeking to unlock additional density or modernized improvements. Located in a high-growth Bellevue submarket with exceptional demographics, the site benefits from excellent access to major arterials, proximity to established commercial nodes, and surrounding affluent residential neighborhoods—key drivers for sustained demand and long-term value creation. An outstanding land-banked asset offering immediate utility with substantial upside through redevelopment or strategic repositioning in one of the Eastside’s most coveted markets. Property SOLD AS-IS.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2475225
Listed by
Tony Marrese, Windermere Real Estate/East
Contact our
Bellevue
Real Estate Lead
John L. Scott
Phone...
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
BDRM
BDRM
FULL
BATH
FULL
BATH
Property History
Feb 05, 2026
Listed
$1,550,000
NWMLS #2475225
Oct 17, 2025
Price Reduction arrow_downward
$1,650,000
NWMLS #2408552
Jul 22, 2025
Listed
$1,750,000
NWMLS #2408552
More
Listing Details
  • Status
    For Sale
  • Price
    $1,550,000
  • Original Price
    Same as current
  • List Date
    February 5, 2026
  • Last Status Change
    February 5, 2026
  • Last Update
    February 6, 2026
  • Days on Market
    21 Days
  • Cumulative DOM
    21 Days
  • $/sqft (Total)
    $842/sqft
  • $/sqft (Finished)
    $842/sqft
  • Listing Source
  • MLS Number
    2475225
  • Listing Broker
    Tony Marrese
  • Listing Office
    Windermere Real Estate/East
Monthly Payment Estimate
  • Principal and Interest
    $8,125 / month
  • Property Taxes
    $868 / month
  • Homeowners Insurance
    $297 / month
  • TOTAL
    $9,290 / month

  • based on 20% down
    ($310,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    1,840 sqft
  • Sqft (Finished)
    1,840 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story
  • Bedrooms
    4 Bedrooms
  • Bathrooms
    2 Bathrooms
  • Lot
    10,500 sqft Lot
  • Lot Size Source
    KCR
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    1 story
  • Basement
    None
  • Sqft Source
    KCR
Property Tax Info
  • 2025 Property Taxes
    $10,411 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Bellevue
  • Elementary
    Clyde Hill Elem
  • Middle
    Odle Mid
  • High School
    Sammamish Snr High
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Types
    Driveway
    Off Street
    RV Parking
  • Has Garage
    No
Construction
  • Year Built
    1955
  • Home Builder
    Unspecified
Cooling
  • Includes
    Heat Pump
Heating
  • Includes
    Forced Air
    Heat Pump
Interior
  • Flooring
    Vinyl
    Carpet
  • Features
    Dining Room
    Fireplace
    Water Heater
Property
  • Lot Features
    Cul-De-Sac
    Dead End Street
    Paved
  • Site Features
    Fenced-Partially
    Gas Available
    High Speed Internet
    Outbuildings
    Patio
    RV Parking
Appliances
  • Included
    Dishwasher(s)
    Dryer(s)
    Refrigerator(s)
    Stove(s)/Range(s)
    Washer(s)
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
    FHA
    VA Loan
Utilities
  • Energy
    Electric
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    3%
  • MLS Area #
    Area 520
  • Number of Photos
    7
  • Last Modification Time
    Friday, February 6, 2026 5:04 AM
  • System Listing ID
    5516447
Update Info
  • First For Sale
    2026-02-05 11:22:27
Listing details based on information submitted to the MLS GRID as of Friday, February 6, 2026 5:04 AM. 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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For Sale 21 Days Online
$1,550,000  
4 BR    2 BA    1,840 SQFT  
Offer Review: Anytime
NWMLS #2475225. Tony Marrese, Windermere Real Estate/East
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.