3562 120th Avenue SE, Bellevue, WA 98006 (MLS # 2488937)
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Listing provided courtesy of Northwest MLS; Windermere Real Estate/M2, LLC
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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.
| LAST UPDATED | 3/11/2026 | TRACT | Newport Shores |
|---|---|---|---|
| YEAR BUILT | 1965 | COMMUNITY | Newport Shores |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 500 - East Side/South of I-90 |
| BASEMENT | Partially Finished, Yes |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric, Forced Air, Heat Pump |
| INTERIOR | Fireplace, Skylight(s) |
| LOT | 0.3924 acre(s) |
| LOT DESCRIPTION | Paved, Value In Land |
| MLS STATUS | Active |
| PARKING | Attached |
| STORIES | 1 |
| STYLE | 16 - 1 Story w/Bsmnt. |
| SUBDIVISION | Newport Shores |
| TAXES | 7775 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Territorial |
| WATER | Public |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/11/26 11:14 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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