$1,500,000
Listed at $1,550,0004 bd•2 ba•1,840 sq ft
1816 114th Avenue NE, Bellevue, WA 98004
• Listed Feb 5, 2026
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Listing Broker: Windermere Real Estate/East; Tony Marrese; 425-455-9800
Buyer Broker: RSVP Brokers ERA
About this home
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.
Listed by Tony Marrese • Windermere Real Estate/East
Listing updated: May 22, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2475225
Around this home
Property details
Interior features
- Dining Room
- Fireplace
- Water Heater
- 2 fireplaces (wood burning)
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 4 on the main level
Bathrooms
- 2 full bathrooms
- 2 on the main level
Layout
- 1 Story
- 1,840 sq ft finished
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- Heat Pump cooling
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Vegetation
- Garden Space
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Closet
- Power company
- PSE
- Water company
- City of Bellevue
- Sewer company
- City of Bellevue
- Gas company
- PSE
- Garbage service
- Republic Services
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Comcast
Rooms & extras
- Fireplaces on main
- 2
- Excluded items
- No
New construction
- Square footage source
- KCR
- Lot size source
- KCR
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerBellevue School District
- Clyde Hill ElementaryPublic · Grades PK-5 · State rank 137 of 1,1388/10
- Odle Middle SchoolPublic · Grades 6-8 · State rank 14 of 51410/10
- Sammamish Snr HighPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Home timeline for 1816 114th Avenue NE
NWMLS via MLS Grid · King County AssessorEvery time this home was listed, went pending, changed price or closed on the NWMLS, with the county’s recorded sales and assessed values alongside.
- Apr 21, 2026SoldNWMLS via MLS Grid · #2475225$1,500,000$815/sq ft
- Apr 13, 2026PendingNWMLS via MLS Grid · #2475225$1,550,000$842/sq ft
- Feb 5, 2026ListedNWMLS via MLS Grid · #2475225$1,550,000$842/sq ft
Market pulse
Bellevue is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Sellers are often willing to negotiate on price and terms.
List to sale price: The average home sells for about 3% below list price.
Time on market: The average home goes pending in around 68 days.
Recent sales nearby
Within 1 mile · last 6 months$3,200,000 Sold
1 week ago
•Single Family
11520 Northup Way, Bellevue, WA 98004
1%
Over list
50
Days on market
0.5 mi
Distance
$2,300,000 Sold
2 weeks ago
2 bd•2.25 ba•~2,570 sq ft•Single Family
1434 108th Avenue NE, Bellevue, WA 98004
1%
Under list
44
Days on market
0.4 mi
Distance
$3,918,000 Sold
3 weeks ago
5 bd•4.5 ba•~4,491 sq ft•Single Family
10856 NE 12th Street, Bellevue, WA 98004
1%
Under list
22
Days on market
0.4 mi
Distance
$1,750,000 Sold
3 weeks ago
3 bd•1.75 ba•~1,550 sq ft•Single Family
1315 102nd Avenue NE, Bellevue, WA 98004
3%
Under list
35
Days on market
0.9 mi
Distance
$2,320,000 Sold
6 weeks ago
4 bd•3.25 ba•~2,260 sq ft•Single Family
10630 NE 18th Street, Bellevue, WA 98004
9%
Under list
115
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 22, 2026 at 04:03am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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