This is an amazing opportunity for a family, executive or even bachelor, to move into a beautiful 3,700 square foot home, in the heart of downtown Bellevue, with a Bellevue Way N.E. address, just blocks from Bellevue Square.
Features:
-13,200 lot (double lot than most other homes in area)
-Across the street from the exclusive Diamond Ranch
-completely remodeled and updated in 2005
-almost new, huge, high ceiling 2 car garage with plumbing hookups for bathroom
-2 floor home with 2 kitchens (the entire downstairs can be a completely separate ADU)
-hardwood and granite floors
-granite bathrooms (floor and walls)
-stucco board exterior siding
-fenced yard
-close access to Clyde Hill elementary and Bellevue High School
Don't miss your chance to live in one of the most desirable residential addresses in Bellevue. This won't last long.
For more information, call show contact info (no texting), OR reply to this ad via email
REAL ESTATE AGENTS: I am the owner of the property. Please don't contact to try to list the property on the MLS. Only contact if you have a buyer and you will receive a 3% commission.
===============================
Here is some more information about the property. This is your chance to own one of most desirable residential addresses in Bellevue. This is an amazing opportunity to move into a beautiful home, in the heart of downtown Bellevue, with a Bellevue Way N.E. address, just blocks from Bellevue Square and across the street from the Diamond Ranch. It's also only 30 seconds away from the entrance to 520 and from 405. A location just does not get more central and better than this. Amazon also recently announced that they will be adding thousands or tens of thousands of new jobs to Bellevue offices, plus the new sky train (from Bellevue to Seattle) will also be functional within the next year or two, so this property, given that it's right in the heart of downtown Bellevue, will only skyrocket in price.
The property is in good condition (completely redone in around 2004), 5 bedrooms, 3 and a half bathrooms, 3,710 square feet, with hardwood and granite floors and expensive finishes. It has 5 gas fireplaces, 2 kitchens (one upstairs and one downstairs), and the downstairs could be completely a separate living quarters (you could even rent it out separately or use it for family or other guests). In addition to the 3,700 square feet, the property has a close to 1,000 square foot garage with 10 feet ceilings which was newly built in 2005, which also has complete plumbing for a bathroom and laundry (and separate room for that).
The lot size is 13,200 square feet, which is almost double the size than most lots around here, which are around 6,500 - 7,000 square feet in size.
The house is perfectly livable as is right now, so you could move in as is and very comfortably live in it the way it is for 10 or 20 years if someone wanted. However, as far as future plans, we checked with the City of Bellevue a while ago so you can double check yourself, but back then, the City told us that due to the lot's large size, they would allow for the building of building up to around 9,250 square feet, out of which 25% or so could be designated for professional home offices, such as a medical or law office, etc, with some restrictions (again, you can check with City of Bellevue again to confirm and get most accurate and up to date info). We also suspect that the commercial zoning of downtown Bellevue will at some point in the future be expanded to this address as well, which would make this property increase in value several times over its existing value.
Another great thing that this property has going for it, it used to be licensed as an Adult Family Home for several years, and an adult family home, especially in this area could generate revenues up to $50,000 per month or so, with 6 residents, and because this home was already licensed as an Adult Family Home, a buyer could convert it back into an adult family home and generate a substantial monthly income while awaiting to redevelop the property.
So, someone has a few options with this house:
-live in it comfortably for 15-20 years
-open an adult family home and have up to a $50,000 / month income
-tear it down (now or years down the road) and build the ultimate up to 9,250 SF mansion (possibly an up to $5 or so million dollar estate)
-run it as a vacation rental property on AirBnb or VRBO and you should be able to charge at least $500 per night in renting it out, given its tremendous amenities, space and location. (We may also be interested in selling the house fully furnished, if the buyers are interested, for an additional cost).
There is tremendous potential in this property.
Features:
-13,200 lot (double lot than most other homes in area)
-Across the street from the exclusive Diamond Ranch
-completely remodeled and updated in 2005
-almost new, huge, high ceiling 2 car garage with plumbing hookups for bathroom
-2 floor home with 2 kitchens (the entire downstairs can be a completely separate ADU)
-hardwood and granite floors
-granite bathrooms (floor and walls)
-stucco board exterior siding
-fenced yard
-close access to Clyde Hill elementary and Bellevue High School
Don't miss your chance to live in one of the most desirable residential addresses in Bellevue. This won't last long.
For more information, call show contact info (no texting), OR reply to this ad via email
REAL ESTATE AGENTS: I am the owner of the property. Please don't contact to try to list the property on the MLS. Only contact if you have a buyer and you will receive a 3% commission.
===============================
Here is some more information about the property. This is your chance to own one of most desirable residential addresses in Bellevue. This is an amazing opportunity to move into a beautiful home, in the heart of downtown Bellevue, with a Bellevue Way N.E. address, just blocks from Bellevue Square and across the street from the Diamond Ranch. It's also only 30 seconds away from the entrance to 520 and from 405. A location just does not get more central and better than this. Amazon also recently announced that they will be adding thousands or tens of thousands of new jobs to Bellevue offices, plus the new sky train (from Bellevue to Seattle) will also be functional within the next year or two, so this property, given that it's right in the heart of downtown Bellevue, will only skyrocket in price.
The property is in good condition (completely redone in around 2004), 5 bedrooms, 3 and a half bathrooms, 3,710 square feet, with hardwood and granite floors and expensive finishes. It has 5 gas fireplaces, 2 kitchens (one upstairs and one downstairs), and the downstairs could be completely a separate living quarters (you could even rent it out separately or use it for family or other guests). In addition to the 3,700 square feet, the property has a close to 1,000 square foot garage with 10 feet ceilings which was newly built in 2005, which also has complete plumbing for a bathroom and laundry (and separate room for that).
The lot size is 13,200 square feet, which is almost double the size than most lots around here, which are around 6,500 - 7,000 square feet in size.
The house is perfectly livable as is right now, so you could move in as is and very comfortably live in it the way it is for 10 or 20 years if someone wanted. However, as far as future plans, we checked with the City of Bellevue a while ago so you can double check yourself, but back then, the City told us that due to the lot's large size, they would allow for the building of building up to around 9,250 square feet, out of which 25% or so could be designated for professional home offices, such as a medical or law office, etc, with some restrictions (again, you can check with City of Bellevue again to confirm and get most accurate and up to date info). We also suspect that the commercial zoning of downtown Bellevue will at some point in the future be expanded to this address as well, which would make this property increase in value several times over its existing value.
Another great thing that this property has going for it, it used to be licensed as an Adult Family Home for several years, and an adult family home, especially in this area could generate revenues up to $50,000 per month or so, with 6 residents, and because this home was already licensed as an Adult Family Home, a buyer could convert it back into an adult family home and generate a substantial monthly income while awaiting to redevelop the property.
So, someone has a few options with this house:
-live in it comfortably for 15-20 years
-open an adult family home and have up to a $50,000 / month income
-tear it down (now or years down the road) and build the ultimate up to 9,250 SF mansion (possibly an up to $5 or so million dollar estate)
-run it as a vacation rental property on AirBnb or VRBO and you should be able to charge at least $500 per night in renting it out, given its tremendous amenities, space and location. (We may also be interested in selling the house fully furnished, if the buyers are interested, for an additional cost).
There is tremendous potential in this property.
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