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15700 NE Bel-red Road, Bellevue, WA 98008

Bellevue
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: chad michael martini, david w petersen
Office: westlake associates, inc.
MLS#:2511306
Source:NWMLS
15700 NE Bel-red Road,Bellevue, WA 98008
$6,500,000
  • 0.56 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$6,500,000

About this home

15700 Bel-Red Road offers a rare chance to acquire a strategically located development site in Bellevue’s rapidly transforming Bel-Red Corridor—literally steps from Microsoft’s Overlake Campus. Approximately 24,477 square foot Flat Lot, recently upzoned to NMU (Neighborhood Mixed-Use), the property now supports mid-rise, mixed-use development up to 110 feet height limit, positioning it perfectly for a high-density multifamily project backed by exceptional demographics, robust job growth, and immediate access to major transit investments including the Overlake Light Rail Station. Existing improvements include a 6,291 SF medical/dental office building, providing an opportunity for an owner-user or interim income generation prior to redevelopment. Potential to build approximately 130 units (Buyer to Verify). First time on the market in over 30 Years.

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Home facts

  • Subdivision & Development:Overlake
  • Listing ID #:2511306
  • Updated:September 14, 2026 at 12:43 PM

Structure and exterior

  • Lot area:0.56 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk

Utilities

  • Water:Available, In Street, On Property
  • Sewer:Available

Finances and disclosures

  • Price:$6,500,000
  • Tax amount:$17,520 (2026)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 14, 2026. 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 is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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