Buildable Multifamily Zoned
For Sale
$1,000,000
539 148th Drive Southeast, Bellevue, WA 98007
Multifamily-zoned Bellevue lot with water and power at the property line, sold as-is for buyer due diligence.
Property SizeContact for details
Days on Market113
Property Features for 539 148th Drive Southeast
General Information
Standard status
Active
Property subtype
Land
Zoning
Multi-family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
0, 0, 0, 0
No
Listing Agency:
William E. Johnson
(760) 760-4320
Listed By:
Bill Johnson · License #50058
(760) 760-4320
Source:
Compass
Added: Apr 19
Changed: Aug 8
Last Checked: Jul 16 at 5:14AM
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 William E. Johnson
Investment Insights
Based on property information with market context.
This property is being sold as-is. It is currently zoned as multi-family, though it is presently usable as recreational only prior to clearance from WDNR, with the land subject to clearance and development requirements. The seller advises that no feasibility assessments have been completed, and the buyer will be responsible for all assessments.
The property is listed as buildable with utilities available at the property line, including water and power. Lakehills Drive on I-90 provides access; take Exit 11 to 148th Ave SE, follow to 148th Ave NE and NE 6th Street, then turn right on NE 6th for entry.
For buyers and developers, the combination of multi-family zoning and utility availability at the lot line may support future planning and entitlement efforts, subject to WDNR clearance and any required studies. As offered, the asset should be evaluated with a clear understanding of site conditions, regulatory steps, and the buyer’s assessment responsibilities before proceeding.
The property is listed as buildable with utilities available at the property line, including water and power. Lakehills Drive on I-90 provides access; take Exit 11 to 148th Ave SE, follow to 148th Ave NE and NE 6th Street, then turn right on NE 6th for entry.
For buyers and developers, the combination of multi-family zoning and utility availability at the lot line may support future planning and entitlement efforts, subject to WDNR clearance and any required studies. As offered, the asset should be evaluated with a clear understanding of site conditions, regulatory steps, and the buyer’s assessment responsibilities before proceeding.
Key Highlights
- Currently zoned as multi‑family in Bellevue
- Lakehills area lot on I‑90: Exit 11 to 148th Ave SE, then to 148th Ave NE & NE 6th St
- Sold as‑is
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 98007, WA
29,476
Population
12,403
Households
2.4
Avg Household Size
33
Median Age
69%
College-Educated
95%
High-School Grad
4.3 sq mi
ZIP Area
6,855
Density / Sq Mi
$126,814
Median Household Income
$81,818
Median Earnings
$2,276
Median Rent
$934,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Recreation land - Multifamily-zoned Bellevue lot with water and power at the property line, sold as-is for buyer due diligence.
Where is this recreation land located?
The property is located at 539 148th Drive Southeast Bellevue, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Currently zoned as multi‑family in Bellevue; Lakehills area lot on I‑90: Exit 11 to 148th Ave SE, then to 148th Ave NE & NE 6th St; Sold as‑is
