Bellevue WA Real Estate & Land for Sale

First time on the market ever for this generational homestead held in the same family for over 70 years. Over 2 acres of R3.5 zoning located in prestigious Rosemont Heights with sweeping east facing sunrise views overlooking Lake Sammamish and blocks away from Tam O'Shanter. Minutes to Microsoft's main campus and Eastlink light rail makes this a commuting paradise away from the noise and hustle of the city, but still easy to access. Award-winning Bennett Elementary and internationally recognized Interlake High. New construction homes in the area well supported in the mid-upper 3MM range. City of Bellevue now allows short plats up to 9 lots and this is one of the few remaining legacy pieces remaining in the entire city. Appointment Only.

Attention all buyers, investors, developers, builders. As per much communication with the City of Bellevue - Urban Development Services - this 15,049 SQFT lot / zoned R-5 allows for a minimum lot size of 7,200 SF - giving several potential development possibilities, from sub-dividing to 4 plex multi-family to townhouse's to possibly air space condominiums. Located just minutes from Microsoft and Bellevue elementary & high schools. The existing house is a 1,450 SQFT 3 bed 2 bath rambler being "sold as is". The value of this property is in the land with the investment / development possibilities - Rent the house as permits are getting approved...