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For Sale 4 Days Online
$4,850,000
4 Bedrooms
3.25 Bathrooms
4,050 Sqft House
Waterfront
Built 1964
19,611 Sqft Lot
2-Car Garage
HOA Dues $159 / month
Set along 135 feet of protected, deep-water canal frontage in Newport Shores, 61 Cascade Key offers a rare opportunity to live directly on the water with seamless access to Lake Washington. A private boathouse accommodates up to a 48' vessel, placing boating, paddleboarding, and waterfront entertaining just steps from your door. Thoughtfully remodeled over time, the home blends Northwest Contemporary design with a warm, highly livable aesthetic. The open main level is anchored by a true chef's kitchen with custom cabinetry, premium appliances, and an expansive island, flowing effortlessly to the living and dining spaces framed by walls of glass and French doors that open to the terrace and canal beyond. The main-floor primary suite offers a peaceful retreat with a spa-inspired bath, generous walk-in closet, and direct access to the waterfront. Flexible living includes three additional bedrooms, a dedicated office, and a fully equipped second kitchen ideal for guests, extended living, or multigenerational needs. Professionally designed grounds, level lawn, and 135' of canal frontage create an exceptional outdoor setting. Enjoy Newport Shores amenities including yacht club, tennis, swimming, beach access, and a vibrant community, all minutes to Bellevue, Seattle, and Sea-Tac. Circular drive, lush landscaping and easy indoor-outdoor flow complete this rare canal-front lifestyle. Rare, refined, and ready for the next chapter, this is waterfront living with both ease and presence.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2559251
Listed by
Michele Schuler, Real Residential
Nick Glant, Real Residential
Contact our
Bellevue Waterfront
Real Estate Lead
John L. Scott
Phone...
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
¾
BATH
½
BATH
LOWER
BDRM
BDRM
FULL
BATH
FULL
BATH
Property History
Jul 23, 2026
Listed
$4,850,000
NWMLS #2559251
Jul 22, 2026
Listed
$4,850,000
Jun 25, 2026
Listed
$5,200,000
NWMLS #2545742
Apr 28, 2026
Listed
$5,200,000
NWMLS #2512820
May 01, 2007
Sold
$1,845,000
More
Listing Details
  • Status
    For Sale
  • Price
    $4,850,000
  • Original Price
    Same as current
  • List Date
    July 22, 2026
  • Last Status Change
    July 23, 2026
  • Last Update
    July 24, 2026
  • Days on Market
    4 Days
  • Cumulative DOM
    89 Days
  • $/sqft (Total)
    $1,198/sqft
  • $/sqft (Finished)
    $1,198/sqft
  • Listing Source
  • MLS Number
    2559251
  • Listing Broker
    Michele Schuler
  • Listing Office
    Real Residential
Monthly Payment Estimate
  • Principal and Interest
    $25,424 / month
  • HOA
    $159 / month
  • Property Taxes
    $2,929 / month
  • Homeowners Insurance
    $873 / month
  • TOTAL
    $29,385 / month

  • based on 20% down
    ($970,000)
  • 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)
    4,050 sqft
  • Sqft (Finished)
    4,050 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story + Basement
  • Bedrooms
    4 Bedrooms
  • Bathrooms
    3.25 Bathrooms
  • Lot
    19,611 sqft Lot
  • Lot Size Source
    KCR
  • Lot #
    48
  • Project
    Newport Revised Div. #1
  • Total Stories
    2 stories
  • Basement
    Daylight
    Finished
  • Sqft Source
    KCR
  • Pool
    Community
Property Tax Info
  • 2026 Property Taxes
    $35,142 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Bellevue
  • Elementary
    Newport Heights Elem
  • Middle
    Tyee Mid
  • High School
    Newport Snr High
Waterfront
  • Waterfront
    Yes
  • Type
    Bulkhead
    Canal Front
    Lake
    No Bank
  • Frontage
    135 Feet
HOA
  • HOA Dues
    $159 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Common Area Maintenance
    See Remarks
  • HOA Contact
    Beth Paschall 425-747-3491
  • Management Contact
Community Features
  • Community Features
    Athletic Court
    CCRs
    Club House
    Park
    Playground
Parking
  • Covered
    2-Car
  • Types
    Attached Garage
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    2
Views
  • Canal
    Lake
    See Remarks
    Territorial
Construction
  • Year Built
    1964
  • Home Builder
    Unspecified
Cooling
  • Includes
    Central Air
Heating
  • Includes
    90%+ High Efficiency
    Forced Air
Interior
  • Flooring
    Ceramic Tile
    Hardwood
    See Remarks
    Carpet
  • Features
    Second Kitchen
    Second Primary Bedroom
    Bath Off Primary
    Built-In Vacuum
    Dbl Pane/Storm Window
    Dining Room
    Fireplace
    Jetted Tub
    Pantry
    Security System
    Skylight(s)
    Vaulted Ceiling(s)
    Walk-In Closet(s)
    Wet Bar
    Wine Cellar
    Wine/Beverage Refrigerator
    Wired for Generator
Property
  • Lot Features
    Corner Lot
    Curbs
    Paved
    Sidewalk
  • Site Features
    Boat House
    Cable TV
    Deck
    Dock
    Electric Car Charging
    Fenced-Partially
    Gas Available
    Hot Tub/Spa
    Moorage
    Patio
    Rooftop Deck
    Sprinkler System
Appliances
  • Included
    Dishwasher
    Disposal
    Dryer
    Microwave
    Refrigerator
    See Remarks
    Stove(s)/Range(s)
    Washer
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
    Conventional
    FHA
    VA Loan
Utilities
  • Energy
    Electric
    Natural Gas
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    Yes
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 520
  • Number of Photos
    40
  • Last Modification Time
    Friday, July 24, 2026 5:02 AM
  • System Listing ID
    5585512
Update Info
  • First For Sale
    2026-07-23 10:25:53
Listing details based on information submitted to the MLS GRID as of Friday, July 24, 2026 5:02 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 4 Days Online
$4,850,000  
4 BR    3.25 BA    4,050 SQFT  
Offer Review: Anytime
NWMLS #2559251. Michele Schuler, Real Residential
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.