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Listed by:Prolink Realty, LLC • Donald C. Tsai
$ 2,250,000
Est. payment | /mo
0.29 Acres Lot
$ 2,250,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Factoria
MLS Listing ID 2513737
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $7,447
Lot Size 0.287 Acres
Lot Dimensions 135x93
Property Sub-Type Land
Property Description
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.
Location
State WA
County King
Area 500 - East Side/South Of I-90
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available, Septic Design Installed
View Y/N No
Building
Lot Description Dead End Street
Sewer In Street
Water On Property
Schools
Elementary Schools Woodridge Elem
Middle Schools Tyee Mid
High Schools Newport Snr High
School District Bellevue
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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