Date
Details
Price
Change
Source
3/11/2026
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$2,800,000
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Property Description
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.
Full Property Details
Full Property Details for 3562 120th Ave SE
General
- Price: $2,800,000
- Taxes: $7,775 (2025)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2488937
- Updated: 3/11/2026
- Added to Site: 24 day(s) ago
Interior
- Interior Features: Fireplace, Skylight(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Flooring: Hardwood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Lower: 1
- Bedrooms Main: 2
Additional Information
- Amenities: Cable TV, Deck, Fenced-Partially, High Speed Internet
- Security/Safety: Partially Fenced
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 1
- Parking Features: Attached Garage
Location
- Area: 500 - East Side/South of I-90
- County: King
- Subdivision: Newport Shores
- Driving Directions: GPS works! Okay to park on long driveway.
School Information
- High School District: Bellevue
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Partially Finished
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 1,990
- Finished Total: 1,120 Sq. Ft.
- Unfinished Total: 870 Sq. Ft.
- Year Built: 1965
Lot Features
- Property View: Lake, Partial, Territorial
- Lot Size (Acres): 0.3924
- Lot Size (Sq. Ft.): 17,092
- Lot Size Source: KCR
- Topography: Sloped
- Lot Features: Paved, Value In Land
Financial Considerations
- Tax Amount: $7,775
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 5448300285
Listed by Miao Sui | Windermere Real Estate/M2, LLC | (425) 338-0600
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Schools
Schools serving 3562 120th Ave SE
School District:Bellevue School District
| Name | Grades | Distance |
|---|---|---|
Newport Heights Elementary School 5225 119th Avenue Southeast, Bellevue, WA 98006 | K-5 | 1.5 mi |
Tyee Middle School 13630 Southeast Allen Road, Bellevue, WA 98006 | 6-8 | 0.9 mi |
Newport Senior High School 4333 Factoria Boulevard Southeast, Bellevue, WA 98006 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3562 120th Ave SE
Tax History
Tax History for 3562 120th Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,978
9%
$950,000
-4%
2024
$6,383
-9%
$985,000
—
2022
$6,982
68%
$985,000
43%
2021
$4,166
—
$689,000
47%
2021
$4,166
4%
$469,000
3%
2020
$3,987
1%
$456,000
-5%
2019
$3,955
9%
$480,000
22%
2018
$3,644
18%
$395,000
12%
2017
$3,091
8%
$353,000
9%
2016
$2,850
6%
$323,000
7%
2015
$2,701
5%
$303,000
13%
2014
$2,569
—
$269,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3562 120th Ave SE
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3562 120th Avenue SE, Bellevue, WA 98006 (MLS# 2488937) is a Single Family property with 3 bedrooms and 2 full bathrooms. 3562 120th Avenue SE is currently listed for $2,800,000 and was received on March 11, 2026. Want to learn more about 3562 120th Avenue SE? Do you have questions about finding other Single Family real estate for sale in Bellevue? You can browse all Bellevue real estate or contact a Coldwell Banker agent to request more information.