16051 SE 16th Street Bellevue, WA $ 1,950,000
16051 SE 16th Street
$ 1,950,000
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16051 SE 16th Street

Bellevue, WA, 98008
$ 1,950,000
Baths0.0

Monthly Estimate*

$ 12,165

Listed by Keller Williams Eastside
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Studio

Lots and Land for sale in Bellevue, WA

for $1,950,000. The lot size is 0.8435.

Welcome to a rare "Phantom Lake" gem. Enjoy more than 60 feet of direct water access on a stunning .84 acre lot along Phantom Lake’s serene shoreline — perfect for kayaking, relaxing by the water, or simply savoring the view. First time on market in over 60 years. Set in one of Bellevue’s most desirable lakefront neighborhoods, its blend of location, lot size, & waterfront access make it a compelling opportunity for renovating the existing 2830 sq ft mid century home, expansion, or the truly unique opportunity to build a custom dream estate on a prime Bellevue waterfront site. Great opportunity to rent existing home while waiting for building permits. Properties like this rarely come up for sale on the Lake. Don't miss this opportunity!

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Lots and Land Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 14,745

Style

Res-Less thn 1 Ac

Lot Size

0.8435

Town/City

Bellevue

County/Region

King

MLS | Web ID

2457035

Features
General
Living Area 0
Sewer Available In Street
Utilities Electricity Connected Natural Gas Available Septic Design Installed
Possession Closing
HOA Fee 0
View Lake
Topography Level
Property Subtype Land
Tax Year 2025
Waterfront Features Lake
County King
Property Type Land
HOA N
Subdivision Name Phantom Lake
Possible Use Residential
Garage Y/N Y
Special Listing Conditions None
Status Active
Directions From I-405 N toward Bellevue take exit 11 to merge onto I-90 E toward Spokane. Take exit 11B toward 148th Ave SE. Turn right onto SE 16th St. Home will be on the right.
High School Sammamish Snr High
City Bellevue
Senior Community Y/N N
High School District Bellevue
Zoning Description Residential
MLS Area 530 - Bellevue/East of 405
Lot Size Units Square Feet
Lot Size Square Feet 36744
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Phantom Lake Elem
Tax Annual Amount 14745
Middle/Junior High School Tillicum Mid
Public Remarks Welcome to a rare Phantom Lake gem. Enjoy more than 60 feet of direct water access on a stunning .84 acre lot along Phantom Lakes serene shoreline perfect for kayaking relaxing by the water or sim
Virtual Tour https://listings.pnwhomephotography.com/sites/aeanprn/unbranded
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Gas Status On Property
Property Style 40 - Res-Less thn 1 Ac
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Exterior
Parking Features Garage
Lot Features Cul-De-Sac Dead End Street Paved Secluded
Water Source On Property
Building Area Total 0
Lot Size Acres 0.8435
Road Surface Type Paved
Waterfront Y/N Y
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Bedrooms Possible 4
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2457035
Street Number 1 16051
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* Excluded Features
List By
Robert Richey

Listing Agent

Keller Williams Eastside

Broker

Affordability Calculator

$13,394
Per Month
91%
9%
0%
Monthly Principal & Interest
$12,165
Monthly Property Taxes
$1,229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4243377 Elementary School
257298 Middle School
Sammamish Snr High High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$1,950,000 Listed Price

Map


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16051 SE 16th Street, Bellevue, WA, 98008 is a Lots and Land for sale at $1,950,000 with a lot size of 0.8435. 16051 SE 16th Street is a studio with 0.0 baths. The property's zip code is 98008 which is in Bellevue, WA