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.
Sold
Listed by: Windermere Real Estate/East • Tony Marrese Sr
Bought with: RSVP Brokers ERA
$1,500,000
1816 114th Avenue NE, Bellevue, WA 98004
4beds
1,840sqft
Single Family Residence
Built in 1955
10,497 Square Feet Lot
$1,486,000 Zestimate®
$815/sqft
$4,662 Estimated rent
Home value
$1,486,000
$1.37M - $1.60M
$4,662/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tony Marrese Sr,
Windermere Real Estate/East
Bought with:
Ming Zhao
RSVP Brokers ERA
Source: NWMLS as distributed by MLS GRID,MLS#: 2475225
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Closet
Features
- Dining Room
- Flooring: Vinyl, Carpet
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Main Level: 2, Fireplace
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dining Room, Fireplace, Water Heater
Lot
- Size: 10,497 Square Feet
- Features: Cul-De-Sac, Dead End Street, Paved, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 7709100035
- Special conditions: Standard
- Other equipment: Leased Equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement/Concrete
- Foundation: Poured Concrete
- Roof: Torch Down
Condition
- Year built: 1955
- Major remodel year: 1955
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Bellevue
- Water: Public, Company: City of Bellevue
- Utilities for property: Comcast, Xfinity
Community & HOA
Community
- Subdivision: Bellevue
Location
- Region: Bellevue
Financial & listing details
- Price per square foot: $815/sqft
- Tax assessed value: $1,418,500
- Annual tax amount: $10,411
- Date on market: 3/15/2026
- Cumulative days on market: 129 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Sold | $1,500,000-3.2%$815/sqft |
Source:  NWMLS as distributed by MLS GRID #2475225 Report a problem | ||
| 4/13/2026 | Pending sale | $1,550,000$842/sqft |
Source: NWMLS as distributed by MLS GRID #2475225 Report a problem | ||
| 2/5/2026 | Listed for sale | $1,550,000$842/sqft |
Source: NWMLS as distributed by MLS GRID #2475225 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,556 +1.4% | $1,418,500 |
| 2024 | $10,411 -6.2% | $1,418,500 |
| 2023 | $11,096 +14.7% | $1,418,500 +3.8% |
| 2022 | $9,676 -6.6% | $1,366,000 +8.3% |
| 2021 | $10,358 -7.3% | $1,261,000 |
| 2020 | $11,172 +10.8% | $1,261,000 +9.1% |
| 2019 | $10,082 +21.1% | $1,156,000 +14.2% |
| 2018 | $8,325 +7.5% | $1,012,000 +20.3% |
| 2017 | $7,745 +93.1% | $841,000 +33.3% |
| 2016 | $4,012 | $631,000 |
| 2015 | $4,012 | $631,000 +40% |
| 2014 | $4,012 | $450,800 +4.3% |
| 2013 | $4,012 | $432,400 |
| 2012 | -- | $432,400 +74.4% |
| 2007 | -- | $248,000 -38.2% |
| 2006 | -- | $401,000 +42.7% |
| 2005 | -- | $281,000 +27.1% |
| 2001 | $2,105 +0.5% | $221,000 +11.1% |
| 2000 | $2,095 | $199,000 |
Find assessor info on the county website
Neighborhood: Overlake
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Nearby schools
GreatSchools rating
- 9/10Clyde Hill Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 9/10Odle Middle SchoolGrades: 6-8Distance: 2 mi
- 9/10Sammamish Senior High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Clyde Hill Elem
- Middle: Odle Mid
- High: Sammamish Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,486,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,486,000
- Washington
- King County
- Bellevue
- 98004
- Overlake
- 1816 114th Avenue NE
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