315 124th Place NE

Set on a large nearly 10,000 SF flat lot in Wilburton, this well-maintained 4-bedroom, 2-bath home offers a rare blend of immediate comfort, investment potential, and future development value. With over 2,000 SF of living space, the home is in great shape and provides a functional, move-in-ready option for an end user looking to enjoy a highly desirable Bellevue location. Spacious, usable, and versatile, it works equally well as a primary residence, rental property, or strategic hold for someone planning ahead. The generous flat lot and prime location make this a strong candidate for redevelopment in an area surrounded by luxury growth, with nearby homes selling for over $4M. Wilburton continues to draw attention for its convenience, strong land value, and proximity to the Spring District and light rail, making properties like this increasingly hard to find. Located just 5 minutes from downtown Bellevue, the home offers quick access to shopping, dining, parks, and major commuter routes while still feeling tucked into an established neighborhood. Whether you are looking for a home to live in now, a property to rent and hold, or a site to build on later, this one checks multiple boxes. An added benefit is the ability to rent the home out and generate income while plans are being prepared and permits are acquired.