15700 NE Bel-Red Road, Bellevue, WA 98008

Listing Firm: Westlake Associates, Inc. (206-505-9400). Listings with the three tree icon are courtesy of NWMLS.

15700 NE Bel-Red Road

Bellevue, WA 98008

LISTING #2511306

ACRES 0.6

REQUEST DETAILS SCHEDULE A SHOWING

$6,500,000

STATUS Active

YEAR BUILT None

PROPERTY TYPE Land

ABOUT THIS PROPERTY

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.

PROPERTY DETAILS

EXPAND ALL

Location Information

County King

Community Bellevue

Latitude 47.633797

Longitude -122.131151

Directions On WA-520 E toward Redmond, take the 148th Ave NE S exit. At traffic circle, take 2nd exit. Right on 152nd Ave NE. Left on NE Turing St. Right on 156th Ave NE. Left on NE Bel Red Rd. Site on left.

Subdivision Name Overlake

Interior Features

Has Fireplace No

Number of Fireplaces 0

Exterior Features

Style Comm/Industrial

Utilities Electricity Connected, Natural Gas Available

Water Source Available, In Street, On Property

Septic or Sewer Available

Lot Features Curbs, Paved, Sidewalk

Topography Level

Lot Size in Acres 0.5619

Lot Size in Sq. Ft. 24,477

Has Waterfront No

Has View No

School

High School District Bellevue

Additional Information

Possession Closing

Property Type Land

Property Subtype Land

Structure Type None

Status Active

Tax Year 2026

Tax Amount $17,520

Lot Acres Source KCA

Disclaimer: The information contained in this listing has not been verified and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change, or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Listings with the three tree icon are courtesy of NWMLS. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and include the name of the listing broker(s). Based on information submitted to the MLS GRID as of 2026 (September 2, 2026 9:44 PM PT MLS GRID Data was obtained). 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. Copyright © 2026 Northwest MLS. All rights reserved.