Builder/Investor opportunity in Sammamish-approx 2.22 acres across two parcels on Beaver Lake, zoned R4, with potential for a 5--8 lot subdivision. Includes an older tear-down home with gas, electricity and water onsite; sewer avbl at main road. Existing home and septic system to be removed. Prelim suggests 2--3 wtr front homes and 5--6 add'l homes. No feasibility study completed--buyer to verify all info. New homes sell for more than 3mil w/out lake view. Direct lake frontage, mature evergreens, and peaceful natural setting--ideal for luxury custom builds or private estate lots. Rare chance to create high-end community in prime location w/ top-rated schools, lake access, & year-round outdoor rec in one of the Eastside's most desirable areas.
Builder/Investor opportunity in Sammamish-approx 2.22 acres across two parcels on Beaver Lake, zoned R4, with potential for a 5--8 lot subdivision. Includes an older tear-down home with gas, electricity and water onsite; sewer avbl at main road. Existing home and septic system to be removed. Prelim suggests 2--3 wtr front homes and 5--6 add'l homes. No feasibility study completed--buyer to verify all info. New homes sell for more than 3mil w/out lake view. Direct lake frontage, mature evergreens, and peaceful natural setting--ideal for luxury custom builds or private estate lots. Rare chance to create high-end community in prime location w/ top-rated schools, lake access, & year-round outdoor rec in one of the Eastside's most desirable areas.
Property Details
Location Information+
County
King
Community
Beaver Lake
MLS Area
East of Lake Sammamish
Latitude
47.586246
Longitude
-121.999313
Directions
take I-90, exit north onto E Lake Sammamish Pkwy, turn right onto SE Issaquah-Fall City Rd, turn left onto Klahanie Dr SE, continue onto E Beaver Lake Dr SE, and then turn left onto the private drive
Interior Features+
Full Baths
1
3/4 Baths
1
Number of Fireplaces
0
Heating
Other -- See Remarks
Power Production Type
Electric, Natural Gas, See Remarks
Cooling
Other -- See Remarks
Floors
See Remarks
Entry
Main
Exterior Features+
Style
2 Story
Stories
Two
Is New Construction
No
Exterior
Wood
Foundation
Poured Concrete
Roof
Composition
Water Source
Public
Septic or Sewer
Septic Tank
Covered Spaces
0
Water
Sammamish Plateau
Electric
Puget Sound Energy
Parking Description
Driveway
Parking Spaces
0
Vegetation
Wooded
Lot Description
Value In Land
Topography
Partial Slope
Elevation
Feet
Lot Size in Acres
2.216
Lot Size in Sq. Ft.
96,511
Buildings
Built On Lot
Building Total Area (Sq. Ft.)
2,210
Water Frontage
150
Waterfront Description
Lake
Has Waterfront
Yes
School+
High School District
Issaquah
Elementary School
Endeavour Elem
Jr. High School
Beaver Lake Mid
High School
Skyline High
Additional Information+
Possession
Closing, Negotiable, See Remarks
Property Type
SFR
Property SubType
Residential
Structure Type
House
Year Built
1950
Effective Year Built
1950
Status
Active
Tax Year
2025
Tax Amount
$31,750.6
Not a REO
Yes
Lot Acres Source
Tax Records
Listing Firm:Epique Realty Listings with the three tree icon are courtesy of NWMLS.