418 111th Avenue SE
Bellevue, WA, 98004 $ 2,299,000
Baths0.0 Monthly Estimate*
$ 14,155
Studio for $2,299,000. The lot size is 0.3106.
Shovel-ready in Surrey Downs — a rare opportunity to skip 12+ months of design and entitlement and start construction immediately on one of Bellevue's most walkable in-town streets. This 13,713 SF (0.31 acre) R-4 lot at 418 111th Ave SE comes with full City of Bellevue permit issuance (25-109121 BS) — Building, Land Use, Fire, Right of Way, Clearing & Grading, and Utilities all approved. Approved plans deliver a 4,931 SF, 5-bedroom residence with a great room and chef's kitchen with walk-in pantry, dedicated den, expansive bonus room, loft, and private master suite. Standout features: 6-car garage configuration (2-car attached + 4-car auto court), 971 SF of covered outdoor living, 1,507 SF of unfinished basement for future buildout, and a solar-ready roof. Built to 2021 WSEC energy standards with whole-house balanced ERV ventilation. Total 7,962 SF enclosed structure. Complete design package included — Architects Northwest plans, Mulhern + Kulp structural, Cobalt Geosciences geotechnical, Interlaken civil/CSWPPP. Existing residence to be removed; site work includes required shoring and associated construction scope as approved. Walking distance to Downtown Bellevue, Surrey Downs Park, and East Link light rail. Top-rated Bellevue schools: Enatai Elementary, Chinook Middle, Bellevue High. Builder options available; post-permit revisions possible. Whether you're developing, investing, or building your forever home — the hard work is done; the vision is yours to finish.
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FeaturesGeneralLiving Area 0
Sewer Available
Utilities Electricity Available Natural Gas Available
Possession Closing
HOA Fee 0
Property Subtype Land
Tax Year 2026
Building Name Surrey Downs #2
County King
Property Type Land
HOA N
Subdivision Name Surrey Downs
Possible Use Residential
Special Listing Conditions None
Status Active
Directions GPS
City Bellevue
Senior Community Y/N N
High School District Bellevue
Zoning Description Residential
MLS Area 520 - Bellevue/West of 405
Lot Size Units Square Feet
Lot Size Square Feet 13528
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 14266.46
Public Remarks Shovel-ready in Surrey Downs a rare opportunity to skip 12+ months of design and entitlement and start construction immediately on one of Bellevue's most walkable in-town streets. This 13 713 SF (0.
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Gas Status Available
Property Style 40 - Res-Less thn 1 Ac
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InteriorTotal Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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ExteriorLot Features Curbs Paved
Water Source Available
Building Area Total 0
Lot Size Acres 0.3106
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
Lot Number 3
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Internal OnlyOriginalMLSID NWM2518085
Street Number 1 418
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* Excluded FeaturesList ByJozette AndersonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $14,155
- Monthly Property Taxes
- $1,189
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyLots and land listings in Bellevue, WA
Average List Price $4,657,244
Percent of Sale Price 103%
About Bellevue, WA 145,662 Population
24% Since 2002
$ 106,595 Median Income
40.62 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
256718 Elementary School
258441 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2026 | $2,299,000 | | Listed Price |