Luxurious Single-Story Living in Prime Bellevue | Turnkey Investment Opportunity:
Experience the perfect blend of sophisticated design and functional living in this rare, 2,000+ sq. ft. single-story residence. Situated on a coveted, completely level lot in one of Bellevue's most sought-after neighborhoods, this home offers an unparalleled lifestyle within the region's top-tier school districts.
Architectural Excellence & Quality Upgrades:
Unlike typical renovations, this home has been meticulously updated with over $100,000 in premium improvements since 2021. Designed for longevity and luxury, the upgrades include:
1. Total Infrastructure Peace of Mind: Brand-new roof and gutters (2026), new furnace (2024), new A/C system (2022), and a new hot water tank (2025).
2. Curated Interiors: Two full bathroom remodels, whole-home recessed lighting, and elegant new French doors that invite natural light.
3. Versatile Spaces: A stunning sunroom featuring new luxury flooring and a professionally organized garage with a comprehensive custom shelving system.
4. Outdoor Sanctuary: The "Fairytale Garden" is a rare find, featuring mature, lush landscaping that provides a private, serene escape.
Prime Investment Potential:
This property is currently occupied by a reliable tenant paying $1,000 above neighborhood averages, a testament to the home's superior quality and desirability. The tenant has expressed a strong desire to stay, making this a perfect "coupon-clipper" asset for an investor looking for immediate, high-yield cash flow without the typical maintenance headaches of an older home.
A Note to Interested Parties:
This home is offered to serious buyers who appreciate the difference between high-end owner upgrades and standard flips.
To protect the privacy of the occupants and the owner, please text or email the listing contact first. Unknown calls will not be answered.
Preferably a buyer who can continue to rent to the current tenants, the rent is exceptionally higher than the market which makes a great investment. But open to discuss any options.
For sale by owner
$1,799,988
5614 116th Pl SE, Bellevue, WA 98006
4beds
3baths
2,265sqft
Single Family Residence
Built in 1959
8,712 Square Feet Lot
$-- Zestimate®
$795/sqft
$-- HOA
What's special
Whole-home recessed lightingNew furnaceSophisticated designNew hot water tankFunctional livingCoveted completely level lotBrand-new roof and gutters
- 79 days |
- 516 |
- 15 |
Zillow last checked:
Listed by:
Property Owner (206) 295-6488
Source: FSBO-Online.com
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Slate, Hardwood, Tile
- Basement: None
Interior area
- Total structure area: 2,265
- Total interior livable area: 2,265 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street, Garage - Attached
- Has garage: Yes
Features
- Stories: 1
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 6071200305
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
Condition
- Year built: 1959
Community & HOA
HOA
- Services included: HOA
Location
- Region: Bellevue
Financial & listing details
- Price per square foot: $795/sqft
- Tax assessed value: $1,439,000
- Annual tax amount: $11,776
- Date on market: 4/24/2026
- Lease term: Contact For Details
Property Owner
Property Owner
(206) 295-6488
By pressing Contact owner, you agree that the property owner identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Estimated market value
Not available
Estimated sales range
Not available
$4,116/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $1,799,988+21%$795/sqft |
Source: FSBO-Online.com Report a problem | ||
| 6/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/11/2024 | Listed for rent | $5,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2021 | Sold | $1,488,000+24%$657/sqft |
Source:  NWMLS as distributed by MLS GRID #1790568 Report a problem | ||
| 6/16/2021 | Pending sale | $1,200,000$530/sqft |
Source: NWMLS as distributed by MLS GRID #1790568 Report a problem | ||
| 6/12/2021 | Listed for sale | $1,200,000+427.5%$530/sqft |
Source: NWMLS as distributed by MLS GRID #1790568 Report a problem | ||
| 6/2/1999 | Sold | $227,500+23.6%$100/sqft |
Source: Public Record Report a problem | ||
| 2/28/1997 | Sold | $184,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,776 +14.4% | $1,439,000 +6.8% |
| 2024 | $10,293 +11.3% | $1,348,000 +18.7% |
| 2023 | $9,245 -8.3% | $1,136,000 -16.8% |
| 2022 | $10,084 +17.5% | $1,366,000 +36.5% |
| 2021 | $8,581 +14.4% | $1,001,000 +23.4% |
| 2020 | $7,504 +3.8% | $811,000 +2.4% |
| 2019 | $7,230 +0.7% | $792,000 -4.6% |
| 2018 | $7,177 +8.7% | $830,000 +21.5% |
| 2017 | $6,605 +54.1% | $683,000 +16.8% |
| 2016 | $4,286 | $585,000 +5.8% |
| 2015 | $4,286 | $553,000 +21.3% |
| 2014 | $4,286 | $456,000 +15.4% |
| 2013 | $4,286 | $395,000 +8.2% |
| 2012 | -- | $365,000 |
| 2011 | -- | $365,000 -2.4% |
| 2010 | -- | $374,000 |
| 2009 | -- | $374,000 +4.8% |
| 2007 | -- | $357,000 +8.5% |
| 2006 | -- | $329,000 +6.5% |
| 2005 | -- | $309,000 +25.1% |
| 2001 | $2,377 -0.8% | $247,000 +9.8% |
| 2000 | $2,395 | $225,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Newport Hills
Nearby schools
GreatSchools rating
- 9/10Newport Heights Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 10/10Tyee Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Newport Senior High SchoolGrades: 9-12Distance: 1.1 mi
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- Washington
- King County
- Bellevue
- 98006
- Newport Hills
- 5614 116th Pl SE
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