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About the Listing 285 - 40305,72830
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.
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
- Air Cond:
- Heating:
- Fireplaces: 0, Electric
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Dining Room,Master on Main
- Water: Public
Exterior Details
- Lot Description: Dead End Street,Value In Land,Built On Lot
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 135x93
- Roof: Composition
- Others: Wood,Fair
- Sewer: Septic Tank
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $7,448
- Taxes w/Assessments: N/A
- Tax/Property ID: 1624059262
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4030 Factoria Boulevard SE Bellevue, WA 98006
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