315 124th Place NE, Bellevue, WA 98005

$1,525,000
4
BD
2
BA
2,060
SqFt

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Listing courtesy of COMPASS. Selling Office: John L. Scott, Inc..

Sold Price
$1,525,000
List Price
$1,600,000
Status
SOLD
MLS#
2500344
Closing Date
May 21, 2026
Days on Market
29
Bedrooms
4
Finished SqFt
2,060
Area Total SqFt
2060
Annual Tax Ammount
9426
Lot Size (sq ft)
9,711
Fireplace
Yes
Sewer
Sewer Connected

Property Description

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.

Additional Information

Community
Wilburton
Style
10 - 1 Story
Basement
None
Year Built
1972
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Fully, Gas Available, Patio
Tax Year
2025
School District
Bellevue
Elementary School
Wilburton Elementary
Middle School
Chinook Mid
High School
Bellevue High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater
Flooring
Ceramic Tile, Hardwood, Carpet
Driving Directions
East on NE 8th to 124th Ave NE, South to NE 4th, East again, 1st Right to House.
Appliance
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Laundry/Utility Room
Water Heater Type
Gas
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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