$1,280,000
Est. $6,452/mo6 bd•1 ba•1,980 sq ft
16404 Se 12th Street, Bellevue, WA 98008
• Listed 2026-04-16•2 days on market
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200K PRICE REDUCTION! PERMIT APPROVED! We've done all the legwork for you, it's ready to build. Imagine building your dream home in the highly sought after LAKE HILLS community! This exceptional investment opportunity combines location, lot size & potential in a way that’s increasingly hard to find, An inspiring canvas to bring your dream home to life. This flat 8,062-SF corner lot (previously used as a family care home), presents an exceptional opportunity to create a custom luxury home in a premier Eastside location in the award-winning Bellevue School District. Completed, attached plans are included for a striking contemporary single-family home w/ ADU, totaling @4,400 SF. The plans imagine a thoughtfully designed home featuring 6 bedrooms & 5 bathrooms maximizing space & functionality. This design plan is flexible for multi-generational living, guest accommodations, or future rental potential. Enjoy the convenience of easy access to I-90 / I-405, along with being just mins from DT Bellevue’s renowned shopping, dining & entertainment. Home is sold as-is. Seller to make no repairs. All permit documents including Geotech, structural engineering, civil engineering, architectural design, Boundary & Topographic & arboricultural surveys & Stormdrain report will be conveyed to the new owner at closing. This property blends unmatched location, endless possibility, and long-term value in an exceptional community. LISTING PRICE includes lot, current residence, plans and permits.
$1,251,000
-$29,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.1M and $1.9M.
Rental earnings
$3,750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,500,000Last sold price
628 163rd Avenue Se, Bellevue, WA 98008

$1,097,700Last sold price
16006 Se 10th Street, Bellevue, WA 98008
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
16404 Se 12th Street, Bellevue, WA 98008
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.
Neighborhood mobility
$6,774 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 19, 2026 at 11:27am (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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Listed by Alana Appleton • RE/MAX Town Center
Listing updated: June 19, 2026 at 11:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2509214
Open Mon, Jun 22 +4
$1,400,000
5221 120th Avenue Se, Bellevue, WA 98006
Sean Fortune · Windermere RE North, Inc.
Bellevue is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 6 days.
$2,650,000 Sold
5 weeks ago
5 bd•4.5 ba•~4,190 sq ft•Single Family
218 163rd Place Se, Bellevue, WA 98008
7%
Under list
—
Days on market
0.5 mi
Distance
$1,099,500 Sold
2 months ago
3 bd•1 ba•~1,540 sq ft•Single Family
16042 Lake Hills Boulevard, Bellevue, WA 98008
0%
Over list
—
Days on market
0.4 mi
Distance
$3,750 Sold
2 months ago
3 bd•1 ba•Single Family
215 163rd Place Se, Bellevue, WA 98008
1%
Over list
—
Days on market
0.5 mi
Distance
$4,000 Sold
5 months ago
5 bd•Single Family
15703 Se 6th Street, Bellevue, WA 98008
0%
Over list
—
Days on market
0.5 mi
Distance
$1,530,000 Sold
5 months ago
4 bd•1 ba•~2,830 sq ft•Single Family
16051 Se 16th Street, Bellevue, WA 98008
22%
Under list
—
Days on market
0.4 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 Jun 2026
Bellevue School District
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.