$1,380,000
Est. $7,000/mo6 bd•1,980 sq ft
16404 Se 12th Street, Bellevue, WA 98008
• Listed 2026-04-16•8 days on market
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100K PRICE REDUCTION! Imagine building your dream home in the highly sought after LAKE HILLS community! This exceptional investment opportunity combines location, lot size & potential in a way that’s increasingly hard to find, An inspiring canvas to bring your dream home to life. This flat 8,062-SF corner lot (previously used as a family care home), presents an exceptional opportunity to create a custom luxury home in a premier Eastside location in the award-winning Bellevue School District. Completed, attached plans are included for a striking contemporary single-family home with an ADU, totaling @4,400 SF. The plans imagine a thoughtfully designed home featuring 6 bedrooms & 5 bathrooms maximizing space & functionality. This design plan offers flexibility for multi-generational living, guest accommodations, or future rental potential. Enjoy the convenience of easy access to I-90 and I-405, along with being just minutes from downtown Bellevue’s renowned shopping, dining & entertainment. Home is sold as-is. Seller to make no repairs. All permit documents including Geotech, structural engineering, civil engineering, architectural design, Boundary & Topographic & arboricultural surveys & Stormdrain report will be conveyed to the new owner at closing. This property blends unmatched location, endless possibility, and long-term value in an exceptional community.What are you waiting for? LISTING PRICE includes lot, current residence, plans and permits submitted.
5 recent nearby sales, priced between $1.13M and $1.65M.

$1,500,000Last sold price
628 163rd Avenue Se, Bellevue, WA 98008

$1,125,000Last sold price
15510 Se 9th Street, Bellevue, WA 98007

$1,650,000Last sold price
21 165th Avenue Se, Bellevue, WA 98008
$8,380 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 1:47 PM PDT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Alana Appleton • RE/MAX Town Center
Listing updated: May 21, 2026 at 10:59am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2509214
Bellevue is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 24 days.
$4,000 Sold
4 months ago
5 bd•Single Family
15703 Se 6th Street, Bellevue, WA 98008
0%
Over list
—
Days on market
0.5 mi
Distance
$1,530,000 Sold
4 months ago
4 bd•1 ba•~2,830 sq ft•Single Family
16051 Se 16th Street, Bellevue, WA 98008
22%
Under list
—
Days on market
0.4 mi
Distance
$1,530,000 Sold
4 months ago
•Single Family
16051 Se 16th Street, Bellevue, WA 98008
22%
Under list
—
Days on market
0.4 mi
Distance
$2,780,000 Sold
4 months ago
5 bd•3.5 ba•~3,737 sq ft•Single Family
16238 Se 10th Street, Bellevue, WA 98008
1%
Under list
—
Days on market
0.2 mi
Distance
$1,699,000 Sold
5 months ago
4 bd•1 ba•~4,090 sq ft•Single Family
15810 Se 13th St, Bellevue, WA 98008
1%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
3.8/10
Car-Dependent
Most errands require a car
5.2/10
Bikeable
Some bike infrastructure
3.4/10
Some Transit
A few nearby transit options
Provided by Walk Score