3562 120th Avenue SE

Bellevue, WA 98006

  • 3 Bed

  • 2 Bath

  • 1990 SqFt

  • 2 DOM

  • Built: 1965

  • Status: Active

$2,800,000

X

3562 120th Avenue SE

Bellevue 98006

$2800000

  • 3 Bed

  • 2 Bath

  • 1990 SqFt

  • 2 DOM

  • Built: 1965

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 1990

  • 1/Gas

  • 3

  • 2

  • 0

  • 2

  • Composition

  • 16 - 1 Story w/Bsmnt.

  • 1965

  • Partially Finished

  • Partially Finished

  • Poured Concrete

Features and Utilities

  • Fireplace, Skylight(s)

  • Wood

  • Public

  • Sewer Connected

Financial

  • 7775

  • Cash, Conventional

  • 03-11-2026

Comparable Information

  • 2

  • 2

  • Cash, Conventional

  • $2,800,000

  • $2,800,000

  • Mar 13, 2026 20:14

Schools

Map

Listing courtesy of Windermere Real Estate/M2, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 28, 2026 10:49 | Listing last modified Mar 13, 2026 20:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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