Provided by NWMLS, Listed by Chad Michael Martini, 206-505-9400 at Westlake Associates, Inc.

$6,500,000

15700 NE Bel-Red Road, Bellevue WA, 98008

Price per sqft$265.56

Lot size0.56 Acres

Property typeLand

Overview

Active

Listed Apr 21, 2026

Updated Jul 29

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.

Additional information

MLS^® ID: 2511306

Exterior Features

Lot Size: 0.56 Acres

Other Property Details

Taxes: $17,520
Tax Frequency: Annually
55+/Senior Community: No

Provided by NWMLS, Listed by Chad Michael Martini, 206-505-9400 at Westlake Associates, Inc.

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/16/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/16/2026 at 7:50 AM UTC . 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.

Data last updated on 9/16/2026 at 7:50 AM UTC

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