PROPERTIES FOR SALE

3562 120th Avenue SE Bellevue, WA 98006

NWMLS Courtesy of Windermere Real Estate/M2, LLC
3562 120th Avenue SE
Bellevue, WA 98006
$2,800,000
Residential
3 Beds
2.00 Baths
1990 SqFt
Active
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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.

Property Features

Community: Newport Shores
1 Story w/Bsmnt.
View: Lake
View: Partial
View: Territorial
Cable TV
Deck
Fenced-Partially
High Speed Internet
Exterior: Wood
Roof: Composition
Parking: Attached Garage
Year Built: 1965
2025 Taxes: $7775.00
Buyer Broker Comp.: 2.5%
Listing #: 2488937

Lot Details

Lot Size: 0.39 acres
Paved
Value In Land

Interior

Fireplace
Skylight(s)
Cooling: None
Heating: Heat Pump, Forced Air
Electric
Fireplaces: 1

Schools

District: Bellevue
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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