3562 120th Avenue Se

Bellevue, WA
$ 2,800,000 Beds 3 Baths 2 Sq 1,120
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,800,000
  • City
  • Bellevue
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • East Side-South of I-90
  • Lot Size
  • 0.3924 Acres
  • Zip
  • 98006
  • Sqr Footage
  • 1,120
  • Year Built
  • 1965
  • Taxes
  • $ 7775
  • Style
  • 1 Story w/Bsmnt.
  • MLS#
  • 2488937
Listed By: Windermere Real Estate/M2, LLC and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 1120
Sewer Sewer Connected
Heating Forced Air,Heat Pump
Cooling None
Possession Negotiable
Roof Composition
Security Features Partially Fenced
Year Built 1965
View Lake,Partial,Territorial
Topography Sloped
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Newport Shores
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions GPS works! Okay to park on long driveway.
City Bellevue
Entry Location Main
Senior Community Y/N No
High School District Bellevue
MLS Area 500 - East Side/South of I-90
Lot Size Units Square Feet
Lot Size Square Feet 17092
Carport Y/N No
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 7775
Public Remarks 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 an
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 16 - 1 Story w/Bsmnt.
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Fireplace,Skylight(s)
Basement Partially Finished
Flooring Hardwood,Vinyl,Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 3
Main Level Bedrooms 2
Total Baths 2
Fireplaces Main 1
Power Production Type Electric
Bedrooms Lower 1
Baths Full Main 1
Baths Full Lower 1
Bathrooms 2

Exterior Features

Exterior Amenities Wood
Parking Features Attached Garage
Lot Features Paved,Value In Land
Water Source Public
Total Parking 1
Foundation Details Poured Concrete
Building Area Total 1990
Lot Size Acres 0.3924
Waterfront Y/N No
Covered Spaces 1
Irrigation Water Rights Y/N No
Site Features Cable TV,Deck,Fenced-Partially,High Speed Internet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Issaquah, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/11/2026 Listed $2,800,000

Property vs Zip Code Average in 98006

Price
AVG $2.42M
$2.8M
Taxes
AVG $15,487
$7,775
Year Built
AVG 1984
1965
Visits
AVG 205
950
Data Provided by Inside Real Estate®

3562 120th Avenue Se Bellevue, WA is a Single Family Home for sale at $2800000 with 1120 sqft and a lot size of 0.3924 Acres Acre(s). 3562 120th Avenue Se Bellevue has 3 bedrooms, 2 baths and was built in 1965. The property's zip code is 98006 which is in Bellevue, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.