96 Cascade Ky 1.26 Acres of Commercial Land Offered at $9,484,618 CAD in Bellevue, WA 98006

Waterfront Development Opportunity | 1.25 Acres | 175’ Low-Bank Lake Washington Frontage | 100’ Private Dock | Newport Shores – Bellevue, WA
An extraordinarily rare opportunity to acquire one of the largest and most compelling buildable waterfront parcels on Lake Washington. Situated in the highly sought-after Newport Shores community of Bellevue, this 1.25-acre property offers 175 feet of low-bank shoreline and a 100-foot private dock capable of accommodating a substantial yacht or multiple watercraft.
Opportunities of this scale, frontage, and orientation are increasingly scarce due to regulatory constraints, shoreline limitations, and long-term generational hold patterns along Lake Washington. This offering represents a true legacy acquisition.
Unmatched Waterfront Presence
The property’s northwest-facing orientation captures sweeping, unobstructed views across Lake Washington toward the East Channel Bridge, Mercer Island, and Beaux Arts. Expansive open-water vistas, dramatic sunsets, and year-round boating access create a premier waterfront experience rarely available in the Bellevue market.
Low-bank shoreline enhances usability, view corridors, and integration between indoor and outdoor living. The existing 100-foot dock provides immediate functional waterfront access—an increasingly difficult entitlement to replicate in today’s regulatory environment.
Development-Ready Scale
At 1.25 acres, the parcel offers exceptional flexibility for designing and constructing a custom estate of significant scale. The site size supports expansive architecture, guest accommodations, resort-style outdoor living, and substantial garage capacity. The depth and width of the lot allow for privacy buffers, gated entry potential, and estate-level landscaping.
This is not an infill parcel. This is an estate setting.
Strategic Location
Positioned minutes from both downtown Bellevue and downtown Seattle, the property provides seamless access to:
• Major corporate campuses and technology headquarters
• Bellevue CBD office towers
• Seattle’s financial and cultural centers
• Private aviation and regional airports
• World-class dining, retail, and marina amenities
Despite its central proximity, the setting feels private, insulated, and residential in character—offering the rare combination of convenience and seclusion.
Market Positioning
Lake Washington waterfront remains one of the Pacific Northwest’s most supply-constrained asset classes. Regulatory barriers, limited shoreline inventory, and entrenched generational ownership have created a highly competitive micro-market for premium sites.
Large, buildable parcels with 175 feet of frontage are nearly impossible to assemble today. Replacement cost and entitlement challenges continue to escalate, strengthening the long-term positioning of trophy waterfront assets.
For developers, this parcel offers the opportunity to create a marquee estate product within a top-tier Bellevue submarket. For family offices and private capital, it represents a tangible hard-asset hedge in a globally recognized technology corridor. For end users, it is a blank canvas for a fully bespoke waterfront compound.
Investment Highlights
• 1.25-acre waterfront estate parcel
• 175 feet of low-bank Lake Washington frontage
• 100-foot private dock
• Northwest-facing orientation with open-water and sunset views
• Premier Bellevue location (Newport Shores)
• Minutes to downtown Bellevue and Seattle
• Located in Washington’s top-ranked school district
• Rare scale and frontage not easily replicated
The Opportunity
This is more than a homesite. It is a generational waterfront position in one of the most economically resilient and globally recognized regions in the country. As shoreline inventory continues to tighten and entitlement pathways grow more restrictive, assets of this nature will only become more scarce.
For qualified buyers seeking a legacy-quality waterfront holding in Bellevue, this offering stands alone.