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About the Listing 5285 - 61276
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.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Residential
MLS ®
2475225
Year Built
1955
Total Square Footage
1,840
Lot/Acreage
0.24
County
King
Neighborhood
Bellevue
School District
Bellevue
Elementary School
Clyde Hill Elementary
Middle School
Odle Middle
High School
Sammamish Senior High
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Air Cond:
- Heating:
- Fireplaces: 2, Wood Burning,2 Fireplace
- Floor: Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Dining Room,Fireplace,Water Heater,Master on Main
- Water: City of Bellevue
Exterior Details
- Lot Description: Cul-De-Sac,Dead End Street,Paved,Built On Lot,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Torch Down
- Others: Cement/Concrete
- Sewer: City of Bellevue
- Parking Features: Driveway,Off Street,RV Parking
Financial Details
- Tax Amount: $10,411
- Taxes w/Assessments: N/A
- Tax/Property ID: 7709100035
- Tax Year: 2025
Payment Calculator
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Questions About..
1816 114th Ave NE Bellevue, WA 98004
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