Property Details
4030 Factoria Boulevard SE
Bellevue, WA 98006
$2,250,000
Active
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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.
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
King
Neighborhood
Factoria
Listed
Apr 26, 2026
Parcel Number
1624059262
Tax & HOA
Annual Property Tax
$7,448 (2025)
Est. Monthly Tax
$621/mo
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.29 sqft
Sewer
In Street
Water Source
On Property
Utilities
Electricity Connected, Natural Gas Available, Septic Design Installed
Lot Features
Dead End Street
Community & Access
Directions
From Coal Creek Pkwy, head N on Factoria Blvd until you reach SE 40th Lane, which is located between the Wells Fargo and US Bank. Turn right (E) onto SE 40th Lane and continue to the end of the street
Location
City
Bellevue
County
King
Coordinates
47.57403, -122.16702
Schools
School District
Bellevue
Elementary School
Woodridge Elem
Middle School
Tyee Mid
High School
Newport Snr High
Additional Information
Tax Year
2025
Annual Taxes
$7,448
Possession
Array
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Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of June 16, 2026 9:00 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
