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    10879 SE Lake Rd Bellevue, WA 98004

    For Sale
    $9,800,000

    Rare 1.12-acre Lake Washington waterfront property with rebuild potential.

    Lot size:
    1.12 Acres

    Property Features for 10879 SE Lake Rd

    General Information

    Lot size
    1.12 Acres

    Source: Keller Williams Rlty Bellevue Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Washington Waterfront Legacy Estate

    This 1.12-acre property on Lake Washington offers a unique opportunity to create a legacy estate. It features 134 feet of low bank waterfront with southern exposure and unobstructed views. Shielded from road noise, the property includes a large private dock anchoring the shoreline. The remaining foundation allows for rebuilding closer to the water than current code permits. Located in the Enatai neighborhood of Bellevue, this property is suitable for builders, architects, investors, and visionaries looking to create a shoreline masterpiece.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1944738
    Latitude
    47.5784692

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    FAQs

    What type of property is this?
    Land - Rare 1.12-acre Lake Washington waterfront property with rebuild potential.
    Where is this land located?
    The property is located at 10879 SE Lake Rd Bellevue, WA.
    What is the asking price?
    The asking price for this property is $9,800,000.
    What are key features of this property?
    This property features: - 1.12 acres of rare Lake Washington waterfront with **134’ of prime low bank waterfront.**; - **Southern exposure with unobstructed views** down the length of Lake Washington.; - Opportunity to rebuild closer to the water than current code allows due to existing foundation.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10879 SE Lake Rd Bellevue, WA 98004
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