Thursday, January 6, 2011

Phantom Lake, Bellevue WA Real Estate

Phantom Lake, Bellevue WA
Phantom Lake Bellevue WA
Phantom Lake is a small lake in Bellevue, WA. Situated in East Bellevue, just a few blocks up from Lake Sammamish on the Lake Hills Green Belt, the lake is surrounded by a quiet park and a residential neighborhood. On the North, South, and East ends, there are a few dozen Phantom Lake waterfront homes.
The neighborhood is surrounded by the Phantom Lake Loop, a 10-foot wide paved pathway of about 2.6 miles. Access to the lake by foot is on the West side of the lake at 156th Ave SE. There is also a public boat launch available with a required permit. Motorized boats are not allowed at any time on Phantom Lake.
Phantom Lake Waterfront
Phantom Lake drains to Lake Sammamish on the East, through Weowna Creek and Weowna Beach Park. The Phantom Lake Bath and Tennis Club is situated on the South side of the lake, with its own pool, tennis courts and clubhouse. Phantom Lake Elementary School is located just a few blocks North of Phantom Lake, and is part of the Bellevue School District.
Homes in the Phantom Lake neighborhood start as low as $350,000, with those near the lake quickly rising to $600k with lake views. Some newer custom homes in the lake vicinity are selling in the $800k and $900k range. Waterfront homes on Phantom Lake range from $800k-$2 million, with properties rarely available on the open market due to the scarcity of the waterfront real estate.
Sam DeBord
Realtor® | Managing Broker
SeattleHome.com | Coldwell Banker Danforth
ph: 206-658-3225 | email: sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
Source: Individually compiled NWMLS data. The NWMLS did not compile or publish this information.
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