3562 120th Avenue SE Bellevue WA 98006 MLS #NWM2488937

There are multiple listings for this address:
3562 120th Avenue SE
Bellevue, WA, 98006
$2,800,000
3 Beds
2 Baths
1,120 SqFt
0.39 Acres
Add
MLS #NWM2488937 image #0
Listing Provided Courtesy of Windermere Real Estate/M2, LLC
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.

Property Details

Price:
$2,800,000
MLS #:
NWM2488937
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Land
Subdivision:
Newport Shores
Neighborhood:
500eastsidesouthofi90
Listed Date:
Mar 11, 2026
Finished Sq Ft:
1,120
Lot Size:
17,092 sqft / 0.39 acres (approx)
500 – East Side/south Of I-90500eastsidesouthofi90Newport ShoresBellevue

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Schools

School District:
Bellevue

Interior

Exterior

Lot Features
Paved
Parking Features
Garage
View
Lake, Partial, Territorial

Financial

Tax Year
2025
Taxes
$7,775

Map

Community

Market Summary

Current real estate data for Single Family in Bellevue as of Apr 28, 2026
386
Single Family Listed
51
Avg DOM
846
Avg $ / SqFt
$3,213,232
Avg List Price

Property Summary

    Located in the Newport Shores subdivision, 3562 120th Avenue SE Bellevue WA is a Single Family for sale in Bellevue, WA, 98006. It is listed for $2,800,000 and features 3 beds, 2 baths, and has approximately 1,120 square feet of living space.The current price per square foot is $2,500. The average price per square foot for Single Family listings in Bellevue is $846. The average listing price for Single Family in Bellevue is $3,213,232. To schedule a showing of MLS#nwm2488937 at 3562 120th Avenue SE in Bellevue, WA, contact your Best in the West agent at 206-351-5550.

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3562 120th Avenue SE
Bellevue, WA
3562 120th Avenue SE
Bellevue, WA, 98006
$2,800,000
Beds
0 Baths
0 SqFt
0.39 Acres
Add
MLS #NWM2492473 image #0
Listing Provided Courtesy of Windermere Real Estate/M2, LLC
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.

Property Details

Price:
$2,800,000
MLS #:
NWM2492473
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Newport Shores
Neighborhood:
500eastsidesouthofi90
Listed Date:
Mar 11, 2026
Lot Size:
17,092 sqft / 0.39 acres (approx)
500 – East Side/south Of I-90500eastsidesouthofi90Newport ShoresBellevue

Ask a Question

See this Listing

Send
  

Schools

School District:
Bellevue

Interior

Exterior

Lot Features
Paved
Parking Features
Garage
View
Lake, Partial, Territorial

Financial

Tax Year
2025
Taxes
$7,775

Map

Community

Market Summary

Current real estate data for Land in Bellevue as of Apr 28, 2026
386
Land Listed
51
Avg DOM
846
Avg $ / SqFt
$3,213,232
Avg List Price

Property Summary

    Located in the Newport Shores subdivision, 3562 120th Avenue SE Bellevue WA is a Land for sale in Bellevue, WA, 98006. It is listed for $2,800,000 and features 0 acres. To schedule a showing of MLS#nwm2492473 at 3562 120th Avenue SE in Bellevue, WA, contact your Best in the West agent at 206-351-5550.

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