Phantom Lake real estate.
Quiet community built around its namesake lake.
- Median sale price
- $1.44M
- Days on market
- 6
- Active listings
- 79
MLS GRID / NWMLS market data · zip 98005 · Aug 2026
About Phantom Lake
Phantom Lake is a neighborhood where the lake is a genuine organizing feature rather than a marketing backdrop. The natural lake — non-motorized, with kayaking and wildlife habitat — sits at the center of the community, and many homes are oriented toward the water. It's a quieter, more nature-embedded character than most of Bellevue's 98005 addresses deliver.
Phantom Lake Elementary anchors the school community, with Sammamish High School at the top of the pathway. Lakefront and lake-view properties command significant premiums, while interior streets offer a more accessible entry into this pocket of northeast Bellevue. SR-520 access keeps the tech corridor and Seattle both reasonably close.
Median Sale Price
$1.44M
6 days on market · 4.5 mo supply
79 active listings · updated Aug 2026
Schools
Bellevue School District; Phantom Lake Elementary, Odle Middle School, Sammamish High School
Commute
10 min to Downtown Bellevue. 12 min to Microsoft Redmond campus via SR-520. 8 min to Meta Spring District. 22 min to Seattle.
Buying in Phantom Lake?
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Live NWMLS listings in Phantom Lake (zip 98005), refreshed hourly.
ActiveNew today$535,000
MLS# 25700942244 132nd Avenue Se #b208
Bellevue, WA 98005
2 bd1.75 baListing courtesy of Windermere Real Estate/East
ActiveNew today$2,350,000
MLS# 256154513604 Se 1st Street
Bellevue, WA 98005
4 bd2.75 ba2,950 sqftListing courtesy of AQUA Real Estate
Active3 days on market$2,198,000
MLS# 256512612168 Se 17th Place
Bellevue, WA 98005
4 bd2.75 ba3,026 sqftListing courtesy of Windermere R E Mount Baker
Active2 days on market$2,280,000
MLS# 25688803718 130th Avenue Ne
Bellevue, WA 98005
4 bd2.25 ba3,266 sqftListing courtesy of John L. Scott, Inc.
Active5 days on market$574,900
MLS# 256388613605 Ne 8th Street #203
Bellevue, WA 98005
2 bd1.75 baListing courtesy of eXp Realty
Active3 days on market$872,900
MLS# 255307712140 Ne 24th Street #102
Bellevue, WA 98005
3 bd2.5 baListing courtesy of COMPASS
Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.
Common questions about Phantom Lake real estate
- What is the median sale price in Phantom Lake?
- The current median sale price in the Phantom Lake zip code is $1.44M, based on the most recent NWMLS market data refreshed Aug 2026. Typical asking prices in Phantom Lake run $950K – $1.4M for interior, $1.4M – $2.2M+ for lakefront.
- How competitive is the Phantom Lake real estate market right now?
- Median days-on-market in Phantom Lake is currently 6 days, with 79 active listings tracked in this zip code as of Aug 2026. Inventory turns very quickly — well-priced homes routinely receive multiple offers within the first week.
- Which schools serve Phantom Lake?
- Bellevue School District; Phantom Lake Elementary, Odle Middle School, Sammamish High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
- What is the commute like from Phantom Lake?
- 10 min to Downtown Bellevue. 12 min to Microsoft Redmond campus via SR-520. 8 min to Meta Spring District. 22 min to Seattle.
- How do I buy or sell a home in Phantom Lake?
- RexMont's agents represent buyers and sellers across Phantom Lake and the broader Bellevue market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.
Nearby Bellevue neighborhoods
Considering Phantom Lake? Buyers commonly compare it against these adjacent Bellevue neighborhoods.