$4,790,000
Est. $26,219/moPrice reduced $60,000 from the original $4,850,000 asking price
4 bd•3.25 ba•4,050 sq ft
61 Cascade Key, Bellevue, WA 98006
• Listed Jul 23, 2026•71 days active · 156 cumulative
Listing Broker: Real Residential; Michele Schuler; 206-992-2013; michele@theschulerteam.com
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: Real Residential; Michele Schuler; 206-992-2013; michele@theschulerteam.com
About this home
Set along 135 feet of protected, deep-water canal frontage in Newport Shores, 61 Cascade Key offers a rare opportunity to live directly on the water with seamless access to Lake Washington. A private boathouse accommodates up to a 48' vessel, placing boating, paddleboarding, and waterfront entertaining just steps from your door. Thoughtfully remodeled over time, the home blends Northwest Contemporary design with a warm, highly livable aesthetic. The open main level is anchored by a true chef's kitchen with custom cabinetry, premium appliances, and an expansive island, flowing effortlessly to the living and dining spaces framed by walls of glass and French doors that open to the terrace and canal beyond. The main-floor primary suite offers a peaceful retreat with a spa-inspired bath, generous walk-in closet, and direct access to the waterfront. Flexible living includes three additional bedrooms, a dedicated office, and a fully equipped second kitchen ideal for guests, extended living, or multigenerational needs. Professionally designed grounds, level lawn, and 135' of canal frontage create an exceptional outdoor setting. Enjoy Newport Shores amenities including yacht club, tennis, swimming, beach access, and a vibrant community, all minutes to Bellevue, Seattle, and Sea-Tac. Circular drive, lush landscaping and easy indoor-outdoor flow complete this rare canal-front lifestyle. Rare, refined, and ready for the next chapter, this is waterfront living with both ease and presence.
Listed by Michele Schuler • Real Residential
Listing updated: October 1, 2026 at 03:41pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2559251
Around this home
How much should you offer?
61 Cascade Key, 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
- Second Kitchen
- Second Primary Bedroom
- Bath Off Primary
- Built-In Vacuum
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- Jetted Tub
- Pantry
- Security System
- Skylight(s)
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Wet Bar
- Wine Cellar
- Wine/Beverage Refrigerator
- Wired for Generator
- 2 fireplaces (gas, wood burning)
- Daylight, Finished basement
Kitchen
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- See Remarks
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
Bathrooms
- 3 full bathrooms
- 1 half bathroom
Flooring
- Ceramic Tile
- Hardwood
- See Remarks
- Carpet
Heating & cooling
- 90%+ High Efficiency heating
- Forced Air heating
- Central Air cooling
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
- Newport Heights ElementaryPublic · Grades PK-5 · State rank 91 of 1,16010/10
- Tyee Middle SchoolPublic · Grades 6-8 · State rank 9 of 53410/10
- Newport 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.
Mortgage payment forecast
$30,505 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Real Residential; Michele Schuler; 206-992-2013; michele@theschulerteam.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 51 days.
Recent sales nearby
Within 1 mile · last 6 months$1,230,000 Sold
1 day ago
4 bd•2.25 ba•~2,130 sq ft•Single Family
4621 123rd Avenue Se, Bellevue, WA 98006
2%
Under list
34
Days on market
0.7 mi
Distance
$1,318,000 Sold
2 days ago
4 bd•2.5 ba•~2,550 sq ft•Single Family
4909 122nd Avenue Se, Bellevue, WA 98006
5%
Over list
21
Days on market
0.9 mi
Distance
$1,300,000 Sold
2 days ago
3 bd•2.5 ba•~2,440 sq ft•Single Family
5059 116th Avenue Se, Bellevue, WA 98006
10%
Under list
42
Days on market
0.7 mi
Distance
$3,400,000 Sold
1 week 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
0.2 mi
Distance
$1,150,000 Sold
2 weeks ago
4 bd•2.25 ba•~2,573 sq ft•Single Family
4333 123rd Avenue Se, Bellevue, WA 98006
10%
Under list
53
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 from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 1, 2026 at 03:41pm (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.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
