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4030 Factoria Boulevard SE, Bellevue, WA, 98006

2beds
1baths
1,440sqft
$2,250,000
$1,563price/sqft
$13,106/moest. monthly cost
$524,240/yrincome needed

About This Home

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.

Getting Around

87
WalkingVery Walkable
44
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

9/10
8/10
Tyee Middle SchoolGrades 6-80.4 mi
10/10

Construction

Condition

  • Property condition: Fair
  • Year built: 1958

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Dining Room
  • Flooring: Hardwood
  • Fireplace features: Electric

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 1624059262
  • Zoning: MDR2
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Dining Room

Lot

  • Lot size: 0.29 Acres
  • Features: Dead End Street,Value In Land
  • Lot size dimensions: 135 x 93

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Covered spaces: 2