There are multiple listings for this address:
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:
0
Lot Size:
17,092 sqft / 0.39 acres (approx)
See this Listing
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
- Address3562 120th Avenue SE Bellevue WA
- SubdivisionNewport Shores
- CityBellevue
- CountyKing
- Zip Code98006
Subdivisions in Bellevue
- Ardmore
- Bellevue
- Bretton Wood
- Bridle Trails
- Chevy Chase
- Clyde Hill
- College Hill
- Cougar Mountain
- Crossroads
- Downtown
- Downtown Bellevue
- Eaglesmere
- East Bellevue
- East Lake Sammamish
- Eastgate
- Enatai
- Factoria
- Forest Ridge
- Glendale
- Hilltop
- Kelsey Creek
- Lake Hills
- Lake Sammamish
- Lakemont
- Lochmoor
- Meydenbauer
- Microsoft
- Midlakes
- Newcastle
- Newport Hills
- Newport Shores
- Overlake
- Phantom Lake
- Robinswood
- Sky Mountain
- Somerset
- Spiritridge
- Surrey Downs
- Tam O’shanter
- The Summit
- Vasa Park
- Vuecrest
- Vuemont
- West Bellevue
- West Lake Sammamish
- Whispering Heights
- Wilburton
- Woodridge
Market Summary
Current real estate data for Single Family in Bellevue as of Oct 28, 2026
390
Single Family Listed
72
Avg DOM
792
Avg $ / SqFt
$2,837,333
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 $792. The average listing price for Single Family in Bellevue is $2,837,333. 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.
Similar Listings Nearby
Listing courtesy of Windermere Real Estate/M2, LLCThe database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated Oct-28-2026 9:23:51 am. © 2026 NWMLS.
3562 120th Avenue SE
Bellevue, WA
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)
See this Listing
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
- Address3562 120th Avenue SE Bellevue WA
- SubdivisionNewport Shores
- CityBellevue
- CountyKing
- Zip Code98006
Subdivisions in Bellevue
- Ardmore
- Bellevue
- Bretton Wood
- Bridle Trails
- Chevy Chase
- Clyde Hill
- College Hill
- Cougar Mountain
- Crossroads
- Downtown
- Downtown Bellevue
- Eaglesmere
- East Bellevue
- East Lake Sammamish
- Eastgate
- Enatai
- Factoria
- Forest Ridge
- Glendale
- Hilltop
- Kelsey Creek
- Lake Hills
- Lake Sammamish
- Lakemont
- Lochmoor
- Meydenbauer
- Microsoft
- Midlakes
- Newcastle
- Newport Hills
- Newport Shores
- Overlake
- Phantom Lake
- Robinswood
- Sky Mountain
- Somerset
- Spiritridge
- Surrey Downs
- Tam O’shanter
- The Summit
- Vasa Park
- Vuecrest
- Vuemont
- West Bellevue
- West Lake Sammamish
- Whispering Heights
- Wilburton
- Woodridge
Market Summary
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.


