$2,250,000
Est. $11,413/mo2 bd•1,440 sq ft
4030 Factoria Boulevard Se, Bellevue, WA 98006
• Listed 2026-04-26•32 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 1:01 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.
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Prime Factoria development opportunity in Bellevue! This 12,555 SF (0.29-acre) lot is zoned MDR-2 (Medium Density Residential), offering strong potential for 7–8 townhomes or small multifamily development (buyer to verify). Ideally located near the end of a quiet dead-end street off SE 40th Ln, the property provides a private residential setting with convenient access to Factoria Blvd SE. Excellent opportunity for builders or investors seeking a well-positioned infill site with upside potential. Boundary and topographic surveys have been completed, helping streamline early planning and entitlement. Situated in the desirable Factoria neighborhood—just minutes to Factoria Mall, T&T Supermarket, Target, dining, and daily amenities. Easy access to I-90 and I-405 with convenient commutes to Downtown Bellevue, Seattle, and major employers including T-Mobile. Located within the Bellevue School District, including Newport Senior High. The existing 1,440 SF, 2-bedroom, 1-bath home provides interim rental income while development plans are pursued. Property sold for land value. Buyer to verify all zoning, density, setbacks, parking, and development requirements with the City of Bellevue.
Listed by Donald C. Tsai • Prolink Realty, LLC
Listing updated: April 27, 2026 at 08:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2513326
5 recent nearby sales, priced between $815K and $1.35M.
$860,000Last sold price
12721 Se 41st Place #211, Bellevue, WA 98006
$1,260,000Last sold price
12224 Se 39th Street, Bellevue, WA 98006
$1,350,000Last sold price
2741 128th Avenue Se, Bellevue, WA 98005
$13,664 per month
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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 22 days.
$5,250,000 Sold
4 weeks ago
5 bd•3.5 ba•~5,759 sq ft•Single Family
27 Tulalip Key, Bellevue, WA 98006
5%
Under list
—
Days on market
0.9 mi
Distance
$3,168,000 Sold
7 weeks ago
5 bd•1 ba•~3,120 sq ft•Single Family
4436 140th Avenue Se, Bellevue, WA 98006
0%
Over list
—
Days on market
0.8 mi
Distance
$2,195 Sold
4 months ago
2 bd•1 ba•Single Family
13821 Se Allen Road, Bellevue, WA 98006
0%
Over list
—
Days on market
0.5 mi
Distance
$2,070,000 Sold
4 months ago
4 bd•2 ba•~2,450 sq ft•Single Family
4422 138th Avenue Se, Bellevue, WA 98006
6%
Under list
—
Days on market
0.7 mi
Distance
$3,498,000 Sold
5 months ago
5 bd•3.5 ba•~4,215 sq ft•Single Family
3851 139th Avenue Se, Bellevue, WA 98006
0%
Over list
—
Days on market
0.6 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
8.7/10
Very Walkable
Most errands can be done on foot
3.9/10
Some bikeability
Minimal bike infrastructure
4.4/10
Some Transit
A few nearby transit options
Provided by Walk Score
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.