What is the median sale price in Phantom Lake?

The current median sale price in the Phantom Lake zip code is $1.5M ($670 per square foot), based on the most recent NWMLS data refreshed May 2026. Typical asking prices in Phantom Lake run $950K – $1.4M for interior, $1.4M – $2.2M+ for lakefront.

How competitive is the Phantom Lake real estate market right now?

Median days-on-market in Phantom Lake is currently 29 days, with 117 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.

Which schools serve Phantom Lake?

Bellevue School District; Phantom Lake Elementary, Odle Middle School, Sammamish High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.

How do I buy or sell a home in Phantom Lake?

RexMont's agents represent buyers and sellers across Phantom Lake and the broader Bellevue market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Phantom Lake real estate.

Quiet community built around its namesake lake.

Median sale price: $1.5M
Days on market: 29
Active listings: 117

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Phantom Lake Bellevue homes near the lake and mature residential canopy

About Phantom Lake

Phantom Lake is a neighborhood where the lake is a genuine organizing feature rather than a marketing backdrop. The natural lake — non-motorized, with kayaking and wildlife habitat — sits at the center of the community, and many homes are oriented toward the water. It's a quieter, more nature-embedded character than most of Bellevue's 98005 addresses deliver.

Phantom Lake Elementary anchors the school community, with Sammamish High School at the top of the pathway. Lakefront and lake-view properties command significant premiums, while interior streets offer a more accessible entry into this pocket of northeast Bellevue. SR-520 access keeps the tech corridor and Seattle both reasonably close.

Median Sale Price

$1.5M

$670/sqft · 29 days on market

117 active listings · updated May 2026

Schools

Bellevue School District; Phantom Lake Elementary, Odle Middle School, Sammamish High School

Commute

10 min to Downtown Bellevue. 12 min to Microsoft Redmond campus via SR-520. 8 min to Meta Spring District. 22 min to Seattle.

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Active homes for sale in Phantom Lake

Live NWMLS listings in Phantom Lake (zip 98005), refreshed hourly.

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Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.

Common questions about Phantom Lake real estate

What is the median sale price in Phantom Lake?: The current median sale price in the Phantom Lake zip code is $1.5M ($670 per square foot), based on the most recent NWMLS data refreshed May 2026. Typical asking prices in Phantom Lake run $950K – $1.4M for interior, $1.4M – $2.2M+ for lakefront.
How competitive is the Phantom Lake real estate market right now?: Median days-on-market in Phantom Lake is currently 29 days, with 117 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.
Which schools serve Phantom Lake?: Bellevue School District; Phantom Lake Elementary, Odle Middle School, Sammamish High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
What is the commute like from Phantom Lake?: 10 min to Downtown Bellevue. 12 min to Microsoft Redmond campus via SR-520. 8 min to Meta Spring District. 22 min to Seattle.
How do I buy or sell a home in Phantom Lake?: RexMont's agents represent buyers and sellers across Phantom Lake and the broader Bellevue market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Nearby Bellevue neighborhoods

Considering Phantom Lake? Buyers commonly compare it against these adjacent Bellevue neighborhoods.

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