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Lake Washington Waterfront Legacy Estate
For Sale
$8,000,000

10879 SE Lake Road, Bellevue, WA 98004

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

Property SizeContact for details
Days on Market425

Property Features for 10879 SE Lake Road

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood West Bellevue

Taxes and HOA fees

Annual Taxes $34,437

Amenities

No
3
Cul-De-Sac,Curbs,Paved,Sidewalk
Available,On Property
1.1194
Yes
Paved
134
Listing Agency: Better Properties Real Estate
Listed By: Graham Marden · License #930200211
Source: Premierepropertygroup
Added: Aug 25, 2025 Changed: Oct 21 Last Checked: Oct 23 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Properties Real Estate

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Spa & Massage Center Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 98004, WA

39,136
Population
20,977
Households
1.9
Avg Household Size
37
Median Age
76%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,361
Density / Sq Mi
$176,367
Median Household Income
$120,667
Median Earnings
$2,706
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

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 Road Bellevue, WA.
What is the asking price?
The asking price for this property is $8,000,000.
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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