Active
Listed by Donald C. Tsai • Prolink Realty, LLC.
FOR SALE
$2,250,000
Est. $11,795/mo2 bd•1 ba•1,440 sq ft
4030 Factoria Boulevard Se, Bellevue, WA 98006
• Listed 2026-04-26•37 days on market
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About this home
Prime Factoria development opportunity in Bellevue! This 12,555 SF (0.29-acre) lot is zoned MDR-2 (Medium Density Residential), offering strong potential for 7–8 townhomes or small multifamily development (buyer to verify). Ideally located near the end of a quiet dead-end street off SE 40th Ln, the property provides a private residential setting with convenient access to Factoria Blvd SE. Excellent opportunity for builders or investors seeking a well-positioned infill site with upside potential. Boundary and topographic surveys have been completed, helping streamline early planning and entitlement. Situated in the desirable Factoria neighborhood—just minutes to Factoria Mall, T&T Supermarket, Target, dining, and daily amenities. Easy access to I-90 and I-405 with convenient commutes to Downtown Bellevue, Seattle, and major employers including T-Mobile. Located within the Bellevue School District, including Newport Senior High. The existing 1,440 SF, 2-bedroom, 1-bath home provides interim rental income while development plans are pursued. Property sold for land value. Buyer to verify all zoning, density, setbacks, parking, and development requirements with the City of Bellevue.
Property type
Single Family
Year built
1958
Interior
1,440 sq ft
Lot size
0.2874 acres
Parking
Detached Garage
Price / sq ft
$1563
HeatingForced Air
CoolingNone
Property taxes$7,447.89/yr (est.)
Listed by Donald C. Tsai • Prolink Realty, LLC
Listing updated: April 27, 2026 at 08:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2513326
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Sat, Jun 6 +2
Open Sat, Jun 6 +2Around this home
Schools
Ratings via SchoolDigger- School #1064603498Public · Grades K-5 · 9.4 mi · State rank 773 of 1,0002/10
- School #1293777042Public · Grades 6-8 · 5.7 mi · State rank 883 of 1,0006/10
- School #1259415549Public · Grades 9-12 · 5.9 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $860K and $1.4M.
Sold Jul 14, 2025
$860,000Last sold price
3 beds2.5 baths1,332 sq ft
12721 Se 41st Place #211, Bellevue, WA 98006
$646/sq ftlarger lot42 years newer
Sold Jul 2, 2025
$1,260,000Last sold price
3 beds2 baths1,870 sq ft
12224 Se 39th Street, Bellevue, WA 98006
$674/sq ftsmaller lot39 years newer
Sold Sep 8, 2025
$1,350,000Last sold price
3 beds2 baths1,600 sq ft
2741 128th Avenue Se, Bellevue, WA 98005
$844/sq ftsmaller lot
Property details
Interior features
- Dining Room
Kitchen
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
Bathrooms
- 1 full bathroom
Flooring
- Hardwood
Heating & cooling
- Forced Air heating
- None cooling
Mortgage payment forecast
$12,979 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
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Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Market pulse
Bellevue is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Buyer's marketSeller's market
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 29 days.
Recent sales nearby
Within 1 mile · last 6 months$5,250,000 Sold
5 weeks ago
5 bd•3.5 ba•~5,759 sq ft•Single Family
27 Tulalip Key, Bellevue, WA 98006
5%
Under list
—
Days on market
0.9 mi
Distance
$3,168,000 Sold
8 weeks ago
5 bd•1 ba•~3,120 sq ft•Single Family
4436 140th Avenue Se, Bellevue, WA 98006
0%
Over list
—
Days on market
0.8 mi
Distance
$1,620,000 Sold
2 months ago
5 bd•2 ba•~2,840 sq ft•Single Family
4360 Somerset Boulevard Se, Bellevue, WA 98006
8%
Over list
—
Days on market
0.5 mi
Distance
$2,195 Sold
4 months ago
2 bd•1 ba•Single Family
13821 Se Allen Road, Bellevue, WA 98006
0%
Over list
—
Days on market
0.5 mi
Distance
$2,070,000 Sold
4 months ago
4 bd•2 ba•~2,450 sq ft•Single Family
4422 138th Avenue Se, Bellevue, WA 98006
6%
Under list
—
Days on market
0.7 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 via HouseCanary · Updated Jun 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 3, 2026 at 11:00 AM PDT (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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