Phantom Lake Real Estate

Welcome to Phantom Lake, a hidden gem nestled in the heart of Bellevue, Washington. This charming neighborhood offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and nature enthusiasts alike.

Phantom Lake is known for its picturesque landscapes, featuring serene waterfront views and lush greenery. The neighborhood is named after the beautiful lake that serves as a focal point for outdoor activities. Residents enjoy a variety of recreational options, from kayaking and paddleboarding to leisurely strolls along the scenic walking trails that encircle the water. The surrounding parks, such as Phantom Lake Park, provide ample space for picnics, playgrounds, and sports, making it a great spot for family gatherings and community events.

Convenience is key in Phantom Lake, with easy access to major highways and public transportation, allowing for a seamless commute to downtown Bellevue and Seattle. The area boasts a variety of shopping, dining, and entertainment options, from cozy local cafes to upscale restaurants. The nearby Crossroads Mall and Bellevue Square offer a diverse range of shops to satisfy any retail enthusiast.

Families will appreciate the highly-rated schools in the Bellevue School District, known for their commitment to academic excellence and extracurricular activities. Community spirit thrives here, with regular neighborhood events that foster connections among residents.

In Phantom Lake, you’ll find not just a home, but a vibrant community that celebrates the beauty of nature and the joy of living. Come discover why this enchanting neighborhood is the perfect place to plant your roots!

Newest Listings in Phantom Lake

$2,499,950

5 Beds ⋅ 4 Baths ⋅ 2559760 MLS ⋅ ACTIVE Status

Experience timeless Mid-Century Modern design reimagined for today's luxury lifestyle in Bellevue's coveted Phantom Lake neighborhood. This extensively renovated home blends iconic architecture with exceptional craftsmanship and high-end finishes throughout. Walls of glass, clean lines, and a dramatic floor-to-ceiling tiled gas fireplace create warm, light-filled living spaces. The designer kitchen features premium Fisher & Paykel appliances, double DishDrawer dishwasher, built-in microwave, and effortless flow for entertaining. Retreat to a hotel-inspired primary suite with a custom boutique closet, center island, built-in vanity, spa-like ensuite with heated floors, dual shower, designer tile, Wyndham Collection soaking tub, and private laundry. Every bathroom offers radiant heated floors, while ceiling-mounted mini-splits provide individualized comfort in every room. The lower level includes a private ensuite, stylish kitchenette with illuminated shelving and mini fridge, ideal for guests or multigenerational living. Outside, enjoy an expansive two-level entertaining deck, covered two-car carport with storage, EV charger, dog wash, workshop with industrial ventilation, and hot/cold exterior water. Just steps to Weowna Park, trails, and easement access to Phantom Lake, this one-of-a-kind residence offers the perfect balance of design, luxury, and Northwest living. A truly special 2026 studs out full remodel and design for gathering, entertaining & making memories.

16651 SE 17th Street, Bellevue

Listing courtesy of COMPASS.

$1,450,000

3 Beds ⋅ 3 Baths ⋅ 2549932 MLS ⋅ ACTIVE Status

This Bellevue home has it all! Ideally located in the sought-after Phantom Lake neighborhood. Set on a spacious lot backing to greenbelt for added privacy. The popular Lake to Lake Trail is just steps away, providing convenient access to Tillicum Middle School, Phantom Lake Elementary, and nearby parks. Inside, vaulted ceilings and refinished hardwood floors create a warm, inviting atmosphere. Upstairs, you'll find three bedrooms, including a spacious primary suite with a beautifully updated 3/4 bath. The remodeled hall bath adds even more appeal. The renovated lower level features a second kitchen, private entrance, office/den, 3/4 bath, and generous living area, offering excellent ADU or multi-generational living potential. The main kitchen is ready for your personal vision. Outside, enjoy a fully fenced backyard with plenty of room to garden, play, or entertain. Easy access to Bellevue, Redmond, and I-90 simplifies commuting. Located in the highly regarded Bellevue School District and close to shopping, dining, parks, and trails. Don't miss this exceptional opportunity!

1438 159th Avenue SE, Bellevue

Listing courtesy of Keller Williams Eastside.

$1,700,000

4 Beds ⋅ 3 Baths ⋅ 2519678 MLS ⋅ ACTIVE Status

PRICE REDUCED! Tucked away on a quiet cul-de-sac in Bellevue, this extensively refreshed home blends modern comfort, thoughtful design, and exceptional livability in one of the area’s most convenient locations. Bright, open interiors and an easy natural flow create a welcoming atmosphere, while the comprehensive 2026 remodel delivers a clean, contemporary feel throughout. Beautifully updated bathrooms, new flooring, fresh interior paint, and stylish fixtures bring a cohesive sense of quality and refinement to the home. Generous living spaces offer flexibility for both entertaining and everyday living, with natural light enhancing the warm and inviting character throughout. The rec room features custom built-in cabinetry that adds functionality, storage, and architectural detail. A standout feature is the extra-deep third garage bay, finished with vaulted ceilings, skylights, and drywall to create a versatile extension of the home ideal for hobbies, projects, storage, fitness space, or creative use. Additional features include whole-house air conditioning, two outdoor storage sheds, and a hall bath with a sleek curbless shower design. Conveniently located just blocks from Spiritridge Elementary School with easy access to the Lake to Lake Trail, shopping, Microsoft, and I-90, this move-in-ready property offers a rare combination of privacy, functionality, and modern updates in a highly connected Bellevue setting.

16438 SE 22nd Street, Bellevue

Listing courtesy of eXp Realty.

$1,560,000

4 Beds ⋅ 4 Baths ⋅ 2507756 MLS ⋅ ACTIVE Status

Seller will consider contributing toward buyer closing costs and interest rate buydown with an acceptable offer! Unmatched value and versatility await in this 3,551 sq ft residence, perfectly situated in a convenient location in sought-after Phantom Lake community. The home’s interior has been thoughtfully expanded by a newly finished 480 sq ft lower-level studio. This private suite features the latest finishes and its own separate entrance, making it an ideal work/play/live/rent. On the main level, the huge chef-inspired kitchen and open great room flow seamlessly into formal dining and living spaces, all accented by timeless craftsmanship and two cozy fireplaces. The upper level offers four generous bedrooms, including a primary retreat with dual walk-in closets and a 5-piece spa-like bath. The lifestyle here is unparalleled with the scenic trails of Phantom Lake Park and the Lake Hills Greenbelt just steps away. Enjoy the convenience of walking to the local Lake Hills Farm Fresh Produce Stand for seasonal favorites. With a private deck overlooking lush grounds, a 3-car garage, and proximity to major tech hubs, this property represents a unique opportunity to own a home that balances luxury, privacy, and smart investment potential.

1120 156th Avenue SE, Bellevue

Listing courtesy of Windermere Real Estate/East.

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