This listing courtesy of Tony Marrese , Windermere Real Estate/East
$1,550,000

1816 114th Avenue NE, Bellevue, WA 98004

  • 4 beds |
  • 2 baths |
  • 1,840 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon10,498sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $842/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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 Status:
Active
Data Last Updated:
February 13, 2026 at 8:21PM
Listing Office:
Windermere Real Estate/East : 425-455-9800
Listing Agent:
Tony Marrese : 425-455-9800
MLS ID:
2475225
  • General: Dining RoomFireplaceWater Heater
  • Appliances: Dishwasher(s)Dryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s)
  • Basement: None
  • Flooring: VinylCarpet
  • A/C: Heat Pump
  • Heating: Forced AirHeat Pump
  • Fireplace: Wood BurningFireplaceFireplaces: 2
  • General: Cement/Concrete
  • Parking: DrivewayOff StreetRV ParkingParking spaces: 0
  • Roofing: Torch Down
  • General: OnePoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Bellevue
  • County: King
  • Topography: Level
  • Zoning: 7709100035
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Tony Marrese , Windermere Real Estate/East

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Clyde Hill Elementary School

9601 NE 24th St, Clyde Hill, WA, 98004

Grades KG-5

1.17 miles away

O

Odle Middle School

502 143rd Ave NE, Bellevue, WA, 98007

Grades 6-8

1.94 miles away

C

Career Education Options Reengagement Program

12111 NE 1st St, Bellevue, WA, 98005

Grades 10-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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