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Bel-Red

Bel-Red

Suburban Neighborhood in Bellevue, Washington

King County 98004, 98005, 98007

$1,155,770 Average Value
$706 Average Price per Sq Ft
8 Homes For Sale

Mashup of Bellevue and Redmond

Named for its location between Bellevue and Redmond, Bel-Red has a significant commercial, retail and corporate presence. Downtown Bellevue is just a few miles away, west of Interstate 405; Redmond is 5 miles to the northeast and the drive to Downtown Seattle is about 11 miles.

Meta, Microsoft and Overlake Medical

Some of the Seattle area's biggest companies are here, making for a quick commute. Meta's Spring District campus is located in the neighborhood, Amazon and Coca-Cola have facilities here and the Microsoft Headquarters is a few miles away in Redmond. On the west side of Bel-Red, Overlake Medical Center is a nonprofit hospital with an emergency room, in addition to being a major employer.

Spring District, a brewery and restaurants

Bel-Red is home to a wealth of shops and businesses. "I think the focal point would be the Spring District," says Chris Tolstoy, Real estate broker at Keller Williams Eastside. "It's just a blend of industrial and commercial space that people frequent." Bellevue Brewing Company's Brewpub is adjacent to Spring District Park and there's free parking available. The brewery is open daily and features Bellevue's largest dining patio. Throughout Bel-Red, menu variety is found at restaurants like Liuyishou Hotpot, Curry Point, Ezell's Famous Chicken and Monserrate Colombian Cuisine. International shops like Asian Family Market, Rose Persian Market and Swagath Indian Grocery and Restaurant provide import and specialty items. The area also has a Safeway, Fred Meyer and Whole Foods Market.

Bel-Red Station, Route 520 and I-405

The main thoroughfare of the neighborhood is 12th Street, which eventually turns into Bel-Red Road, and can be used to reach neighboring Redmond. There are plenty of bus stops, notably along Bel-Red Road. Sound Transit's light rail East Link Extension added eight new stations from South Bellevue to Redmond. The BelRed Station has 300 parking spaces. The station is an anchor for the BelRed Arts District, a designated area that supports creative businesses and arts organizations. With a junction in the northwest section of Bel-Red, state Route 520 and I-405 provide convenient routes north, south, east or west. Sea-Tac, Seattle-Tacoma International Airport, is approximately 20 miles away.

Limited inventory, Lake Bellevue Village Condos

Since the community is primarily commercial, there's limited housing inventory. Single-family homes here feature new construction, are over 3,400 square feet, and cost over $2.5 million. Condos and townhouses are priced from about $515,000 to $1.3 million. The Lake Bellevue Village Condos encircling the lake are within walking distance of waterside businesses and eateries and go for approximately $650,000 to $775,000.

Grade A for Odle Middle and Sammamish High

Public school students may attend Stevenson Elementary School, which has a B-minus grade from Niche and offers a Spanish dual-language program. Odle Middle School has an A grade, as does Sammamish High, which includes dual enrollment classes that count as college credits for Bellevue College, a CNA Health Science Career program and robotics courses. Jing Mei Elementary is considered a choice school; it provides dual-language Chinese immersion with a lottery system for enrollment. Several private schools are also located in Bel-Red, including Dartmoor School, Bellevue Children's Academy and America's Child Montessori.

Highland Park, Bridle Trails State Park

Highland Park is a hub for outdoor activities, with fields, tennis courts, and both indoor and outdoor skate parks. The Highland Community Center provides engaging activities and an adaptive recreation program for people with disabilities. Nearby is the Bellevue Family YMCA. A few miles north is the 489-acre Bridle Trails State Park. Its 28 miles of multiuse trails are popular with hikers and horse riders.

Bellevue Arts Fair and a bluegrass festival

Bel-Red folks may attend annual area events like the springtime Bellevue Arts Fair, the Northwest's largest arts and crafts festival. Fall brings Bellevue Fashion Week, the Bellevue Jazz & Blues Music Series and the Wintergrass Bluegrass Music Festival. A regional favorite, Seafair, is a summer festival with hydroplane races, a half marathon, a triathlon, a parade and airshows featuring the Blue Angels.

Robin Silberman
Written By
Robin Silberman
Jake Chaplin
Photography Contributed By
Jake Chaplin
Bob Yukich
Video By
Bob Yukich

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Hailu Liu, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Seattle-Tacoma International

30 min drive

Bus

Bellevue Redmond Rd & 124th Ave NE

Bus

Bellevue Redmond Rd & 130th Ave NE

Bus

140th Ave NE & NE 21st St

Bus

NE 20th St & 130th Ave NE

Bus

NE 12th St & 124th Ave NE

Bus

NE Bellevue Redmond Rd & 143rd Ave NE

Bus

NE 20th St & 132nd Ave NE

Crime and Safety

1 - Low Crime, 10 - High Crime Bel-Red US
Homicide 3 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 7 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$1,490,000
Median Single Family Price
$849,000
Median Townhouse Price
$1,400,000
Median 2 Bedroom Price
$707,750
Average Price Per Sq Ft
$706
Number of Homes for Sale
8
Last 12 months Home Sales
9
Months of Supply
10.70
Median List Price
$1,422,500
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
10%

Home Facts

Number of Homes in Neighborhood
88
Median Year Built
2011
Avg. Single Family Home Size Sq Ft
3,016
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
1,798
Average 2 Bedroom Size Sq Ft
1,111
Median Lot Size Sq Ft
10,454

Open Houses

  • Friday, Apr 25
    5 - 7pm

    12442 NE 11th Ln Unit A6, Bellevue, WA 98005

    $1,650,000

    • 3 Beds
    • 3 Baths
    • 2,087 Sq Ft
    • 12442 NE 11th Ln
    • Unit A6
    • New 9 days ago

    Located in the heart of Bellevue, The Lario offers top-tier schools and a vibrant community. This former model townhouse is a fully integrated smart home with Ring, MyQ, and Lutron systems. The first floor features a full guest suite with optional W/D hookup. The second floor boasts a chef’s kitchen, dining area, sunlit living room, and a glass-walled guest room. Upstairs, the primary suite

    Mark Ma Kelly Right RE of Seattle LLC

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  • Friday, Apr 25
    11am - 3pm

    1182 129th Ct NE, Bellevue, WA 98005

    $1,530,000

    • 4 Beds
    • 2.5 Baths
    • 2,004 Sq Ft
    • 1182 129th Ct NE
    • New 8 days ago

    Your elevated respite awaits at Verdyn Townhomes. Take advantage of presale opportunities with options for personalization and a $20,0000 buyer bonus. Conveniently located in East Bellevue, just a short walk to the BelRed light rail station and easy freeway access. Contemporary architecture with thoughtfully designed floor plans. This extraordinary home features 4BRs, 2.5BAs, a gourmet kitchen

    Ric Dieu Intracorp Marketing&Sales LLC

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  • Friday, Apr 25
    11am - 3pm

    12835 Bel-Red Rd Unit 101, Bellevue, WA 98005

    $1,685,000

    • 4 Beds
    • 2.5 Baths
    • 2,118 Sq Ft
    • 12835 Bel-Red Rd
    • Unit 101

    Your elevated respite awaits at Verdyn Townhomes. Take advantage of presale opportunities with options for personalization. Conveniently located in East Bellevue, just a short walk to the BelRed light rail station and easy freeway access. Contemporary architecture with thoughtfully designed floor plans. This extraordinary END UNIT home features 4BRs, 2.5BAs, a gourmet kitchen with quartz

    Ric Dieu Intracorp Marketing&Sales LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Hailu Liu, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,702
Median Age
33
Population Density
2 ppl/acre
Population under 18
19.6%
On par with the national average
23.8%
Population over 65
7.3%
Below the national average
19.1%

Finances

Median Household Income
$133,522
Significantly above the national average
$71,702
Average Household Income
$167,993

Education and Workforce

High School Graduates
98.3%
College Graduates
85%
Significantly above the national average
34.1%
Advanced Degrees
39.4%
Significantly above the national average
13.3%
% Population in Labor Force
76%

Weather

Annual Precipitation
40''
Average Winter Low Temperature
36°F
Average Summer High Temperature
77°F
Annual Snowfall
8''

Area Factors

Bikeable

Bike Score®

50 / 100

Somewhat Walkable

Walk Score®

60 / 100

Some Transit

Transit Score®

37 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Bel-Red