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$2,299,000 Just Listed
Property Description
Shovel-ready in Surrey Downs - a rare opportunity to skip 12+ months of design and entitlement and start construction immediately on one of Bellevue's most walkable in-town streets. This 13,713 SF (0.31 acre) R-4 lot at 418 111th Ave SE comes with full City of Bellevue permit issuance (25-109121 BS) - Building, Land Use, Fire, Right of Way, Clearing & Grading, and Utilities all approved. Approved plans deliver a 4,931 SF, 5-bedroom residence with a great room and chef's kitchen with walk-in pantry, dedicated den, expansive bonus room, loft, and private master suite. Standout features: 6-car garage configuration (2-car attached + 4-car auto court), 971 SF of covered outdoor living, 1,507 SF of unfinished basement for future buildout, and a solar-ready roof. Built to 2021 WSEC energy standards with whole-house balanced ERV ventilation. Total 7,962 SF under roof. Complete design package included - Architects Northwest plans, Mulhern + Kulp structural, Cobalt Geosciences geotechnical, Interlaken civil/CSWPPP. Existing residence to be removed; site work includes required shoring and associated construction scope as approved. Walking distance to Downtown Bellevue, Surrey Downs Park, and East Link light rail. Top-rated Bellevue schools: Enatai Elementary, Chinook Middle, Bellevue High. Builder options available; post-permit revisions possible. Whether you're developing, investing, or building your forever home - the hard work is done; the vision is yours to finish.
Full Property Details
Full Property Details for 418 111th Ave SE
General
- Price: $2,299,000
- Taxes: $14,266 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2516579
- Updated: Today (5/1/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 6
- Bedrooms Main: 6
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 2
- Parking Features: Attached Garage
Location
- Area: 520 - Bellevue/West of 405
- County: King
- Subdivision: Surrey Downs
- Building Name: Surrey Downs #2
- Driving Directions: GPS
School Information
- High School District: Bellevue
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Available
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood, Wood Products
- Basement Desc.: Daylight
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 2,380
- Finished Total: 2,380 Sq. Ft.
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.3106
- Lot Size (Sq. Ft.): 13,528
- Lot Size Source: Tax Records
- Lot Features: Curbs, Paved
Financial Considerations
- Tax Amount: $14,266.46
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 8146300285
- Block: 12
- Lot Number: 3
Listed by Jozette Anderson | Compass | (425) 637-7777 and Michelle Luxmore | Compass | (425) 637-7777
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Schools
Schools serving 418 111th Ave SE
School District:Bellevue School District
| Name | Grades | Distance |
|---|---|---|
Enatai Elementary School 10700 Southeast 25th Street, Bellevue, WA 98004 | K-5 | 1.2 mi |
Chinook Middle School, Bellevue, WA 2001 98th Ave NE, Bellevue, WA 98004 | 6-8 | 1.8 mi |
Bellevue High School 10416 Wolverine Way, Bellevue, WA 98004 | 9-12 | 0.3 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 418 111th Ave SE
Date
Details
Price
Change
Source
5/01/2026
Listed
$2,299,000
21%
MLS
6/28/2024
Sold
$1,900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 418 111th Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,093
-1%
$1,921,000
-6%
2024
$14,270
-1%
$2,042,000
—
2022
$14,456
23%
$2,042,000
35%
2021
$11,800
—
$1,511,000
13%
2021
$11,800
16%
$1,332,000
14%
2020
$10,169
8%
$1,166,000
1%
2019
$9,459
10%
$1,150,000
24%
2018
$8,563
20%
$930,000
14%
2017
$7,146
7%
$818,000
8%
2016
$6,671
9%
$758,000
10%
2015
$6,107
23%
$687,000
32%
2014
$4,979
—
$522,000
—
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 418 111th Ave SE
418 111th Avenue SE, Bellevue, WA 98004 (MLS# 2516579) is a Single Family property with 6 bedrooms and 3 full bathrooms. 418 111th Avenue SE is currently listed for $2,299,000 and was received on May 01, 2026. Want to learn more about 418 111th Avenue SE? Do you have questions about finding other Single Family real estate for sale in Cougar Mountain-Lakemont? You can browse all Cougar Mountain-Lakemont real estate or contact a Coldwell Banker agent to request more information.
