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4333 123rd Avenue SE, Bellevue, WA, 98006

4beds
3baths
2,573sqft
$1,280,000
$497price/sqft
$7,568/moest. monthly cost
$302,720/yrincome needed

About This Home

Rare opportunity in the highly sought-after Newport Mockingbird Hill neighborhood! Situated on an expansive, flat 10,696 SF lot and surrounded by luxury million-dollar homes, this property offers comfortable living while exceptional potential to renovate, expand, redevelop, or build a custom estate in one of Bellevue's most desirable locations. Filled with natural sunlight, the well-maintained 2,573 SF residence is cozy and move-in ready as-is, allowing homeowners to enjoy the property immediately while planning future improvements at their own pace. The home features a spacious living room and family room, a primary suite, two additional bedrooms and a full bath on the main level, plus a lower-level bedroom, half bath, and versatile flex space that provides flexibility for guests, a home office, hobbies, or additional living needs. Enjoy unmatched convenience with walking to Newport High School directly across the street, easy access to Tyee Middle, and close proximity to Factoria shopping, dining, parks, and everyday amenities. Minutes to DT Bellevue, Seattle, major employment centers, and key commuter routes. Whether you're a homeowner seeking a large flat lot with room to grow, an investor looking for long-term appreciation, or a builder searching for a premier homesite surrounded by luxury residences, this is a rare chance of superb caliber to secure one of Bellevue's increasingly hard-to-find large flat lots within the award-winning BSD.

Getting Around

33
WalkingCar-Dependent
36
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

10/10
Tyee Middle SchoolGrades 6-80.9 mi
10/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 1957

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Basement

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Lower

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room
  • Flooring: Hardwood,Slate,Vinyl,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Main Level: 2,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,90%+ High Efficiency,Baseboard,Forced Air,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,573
  • Total interior livable area: 2,573 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 5566100290
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dining Room,Fireplace,Water Heater
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level
  • Residential vegetation: Garden Space

Lot

  • Lot size: 10,693 sqft
  • Features: Curbs,Paved,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio

Parking

  • Total spaces: 4
  • Parking features: Attached Carport,Attached Garage
  • Has garage: Yes
  • Covered spaces: 4
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,472$77,664
Home Insurance *$139$1,668
Property Taxes $782$9,384
Electricity $175$2,111
Total$7,568$90,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$259,474/yr
40% on housing$227,040/yr
45% on housing$201,813/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$497This listing

vs Other Active Listings

Avg $/sqft

ZIP 98006$641
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98006$707
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$1,280,000
2026-07-27Listed for sale$1,280,000
2022-11-03Listing removed--
2022-10-11Price change$2,800
2022-09-26Price change$3,000
2022-09-13Price change$3,300
2022-08-29Price change$3,500
2022-08-22Listed for rent$3,700
2020-05-05Listing removed$3,300
2020-03-26Price change$3,300
2020-03-06Price change$3,500
2020-02-08Price change$3,600
2019-12-20Listed for rent$3,800
2018-08-24Listing removed$3,195
2018-07-20Price change$3,195
2018-07-14Listed for rent$3,600
2018-07-09Sold$862,000
2018-06-13Pending sale$850,000
2018-06-07Listed for sale$850,000

For Sale by Agent

AgentWen Xie
BrokerageProvidential Real Estate LLC

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