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15700 NE Bel-red RoadBellevue, WA 98008Price: $7,500,000

  • Price: $7,500,000
  • Est. Mortgage of $/month
  • 24 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $7,500,000List Price
  • 0.56Acreage
Listed by Chad Michael Martini of Westlake Associates, Inc.

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15700 Bel-Red Road offers a rare chance to acquire a strategically located development site in Bellevue's rapidly transforming Bel-Red Corridor-literally steps from Microsoft's Overlake Campus. Approximately 24,477 square foot Flat Lot, recently upzoned to NMU (Neighborhood Mixed-Use), the property now supports mid-rise, mixed-use development up to 110 feet height limit, positioning it perfectly for a high-density multifamily project backed by exceptional demographics, robust job growth, and immediate access to major transit investments including the Overlake Light Rail Station. Existing improvements include a 6,291 SF medical/dental office building, providing an opportunity for an owner-user or interim income generation prior to redevelopment. Potential to build approximately 130 units (Buyer to Verify). First time on the market in over 30 Years.

Property Details of 15700 NE Bel-red Road

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Listing data courtesy of NWMLS as provided by MLS Grid as of May 14, 2026 6:32 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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