$2,800,000
Est. $15,509/mo3 bd•2 ba•1,120 sq ft
3562 120th Avenue SE, Bellevue, WA 98006
• Listed Mar 11, 2026•87 days active · 87 cumulative
Listing Broker: Windermere Real Estate/M2, LLC; Miao Sui; 206-495-1102; miao@windermere.com
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Listing Broker: Windermere Real Estate/M2, LLC; Miao Sui; 206-495-1102; miao@windermere.com
About this home
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.
Listed by Miao Sui • Windermere Real Estate/M2, LLC
Listing updated: September 17, 2026 at 11:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2488937
Around this home
How much should you offer?
3562 120th Avenue SE, Bellevue, WA 98006
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Fireplace
- Skylight(s)
- Fireplace (wood burning)
- Partially Finished basement
Bedrooms
- 3 bedrooms total
- 2 on the main level
- 1 on the lower level
Bathrooms
- 2 full bathrooms
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 1,120 sq ft finished, 870 sq ft unfinished
- 250 sq ft garage
Flooring
- Hardwood
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- None cooling
Schools
Ratings via SchoolDigger- Woodridge ElementaryPublic · Grades PK-5 · 1.0 mi · State rank 65 of 1,13810/10
- Tyee Middle SchoolPublic · Grades 6-8 · 0.9 mi · State rank 7 of 51410/10
- Newport Senior High SchoolPublic · Grades 9-12 · 0.7 mi · State rank 5 of 39610/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Sloped
Systems
- Energy source
- Electric
- Power production
- Electric
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 2
- Showers
- 2
- Fireplaces on main
- 1
New construction
- Square footage source
- 1990
- Lot size source
- KCR
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 3562 120th Avenue SE
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Mar 11, 2026ListedNWMLS via MLS Grid · #2488937$2,800,000$2,500/sq ft
- Mar 11, 2026ListedNWMLS via MLS Grid · #2492473$2,800,000$2,500/sq ft
- Oct 26, 2020Recorded saleKing County recorder · Quit claim deed$173,316$155/sq ft
Mortgage payment forecast
$16,857 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Windermere Real Estate/M2, LLC; Miao Sui; 206-495-1102; miao@windermere.com
Market pulse
Bellevue is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 54 days.
Recent sales nearby
Within 1 mile · last 6 months$2,721,000 Sold
1 week ago
5 bd•4.5 ba•~3,620 sq ft•Single Family
4282 131st Place SE, Bellevue, WA 98006
6%
Under list
66
Days on market
0.9 mi
Distance
$2,195,000 Sold
1 week ago
6 bd•3.75 ba•~3,730 sq ft•Single Family
20 Cascade Key, Bellevue, WA 98006
0%
Over list
196
Days on market
0.7 mi
Distance
$1,888,888 Sold
3 weeks ago
4 bd•3.25 ba•~3,530 sq ft•Single Family
4259 133rd Avenue SE, Bellevue, WA 98006
0%
Over list
26
Days on market
0.9 mi
Distance
$3,400,000 Sold
3 weeks ago
3 bd•2.75 ba•~3,170 sq ft•Single Family
87 Cascade Key, Bellevue, WA 98006
14%
Under list
96
Days on market
0.9 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
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 7:59 PM PT (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.
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