Lake Hills Estate View Lots
Property Status: Pending
The Offering: Two adjacent .88 acre undeveloped residential lots in the Woodridge/Lake Hills area of Bellevue. This desirable quiet street has multiple high-end custom and spec homes that have recently been developed. Closing will be contingent on a Boundary Line Adjustment that will adjust each of the two lots to allow for the adjacent existing home to remain on a slightly enlarged parcel. (The adjacent home at 13818 SE 10th St. is not part of this offering.)
The Opportunity: This is an opportunity to develop two private estate homes on very large, private lots close to downtown Bellevue. The lots are large enough to allow the development of an ADU now or in the future. Each lot has potential views of downtown Bellevue, has moderate topography and existing trees that give each site character and privacy. SE 10th Street is a quiet dead-end street with no through traffic and all utilities to the property. High value homes have been developed recently nearby.
Studies of critical area, geotechnical, tree and other development issues have been completed and show each parcel is ready for development. While subdivision/short plat may yield three homebuilding lots, these two parcels are being offered as-is.
Sales Price: No price has been established. The seller prefers terms that include a reasonable feasibility period, closing upon approval of a BLA, and no extended closing to pursue approval of a short plat. A short plat may be possible, but closing will not be extended to accommodate the subdivision process.
Delivery of Real Estate: Property will be delivered as-is via special warranty deed or bargain and sale deed.
- Zoning: R-1.8 (City of Bellevue)
- Water/Sewer access on SE 10th Street (City of Bellevue)
- School District – Bellevue
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