Phantom Lake Real Estate

Welcome to Phantom Lake, a hidden gem nestled within the vibrant city of Bellevue, Washington. This enchanting neighborhood offers a unique blend of natural beauty and urban convenience, making it a highly sought-after community for families and professionals alike.

Phantom Lake is renowned for its serene atmosphere, characterized by lush greenery and the tranquil waters of the lake itself. Residents enjoy a picturesque backdrop, perfect for outdoor enthusiasts who love hiking, biking, and leisurely strolls around the water. The area is dotted with well-maintained parks, offering playgrounds, picnic spots, and walking trails that cater to all ages.

Convenience is at your fingertips in Phantom Lake. The neighborhood is strategically located near major highways and public transportation, providing easy access to downtown Bellevue and the greater Seattle area. Here, you’ll find a diverse array of shopping, dining, and entertainment options, from upscale boutiques to cozy cafes. The nearby Bellevue Square and Crossroads Mall are popular destinations for both shopping and dining enthusiasts.

Families will appreciate the top-rated schools in the Bellevue School District, known for its commitment to academic excellence and a wide array of extracurricular activities. Phantom Lake fosters a strong sense of community, with neighborhood events and gatherings that encourage connections among residents.

Whether you’re drawn to the natural beauty, the community spirit, or the convenient location, Phantom Lake is a neighborhood that truly has it all. Come experience the charm and warmth of this delightful Bellevue enclave, where a vibrant lifestyle awaits you!

Newest Listings in Phantom Lake

$3,299,990

5 Beds ⋅ 5 Baths ⋅ 2581634 MLS ⋅ ACTIVE Status

Welcome to an exceptional new construction opportunity in The Reserve at Phantom Lake, an intimate enclave of only six homes in a highly desirable Bellevue setting. The popular Bloomington plan by Murray Franklyn is thoughtfully designed for both comfortable everyday living and elevated entertaining, with a newly offered $100,000 Buyer Bonus Credit. Situated on Homesite 3 with an east-facing orientation, this home offers 5 bedrooms and 4.5 bathrooms, including a convenient main-level guest suite. A dedicated den provides the perfect space for working from home. At the heart of the home, the well-appointed kitchen features a substantial island and opens to an expansive dining area and soaring two-story family room. The open-concept design creates an inviting flow between the spaces, making everything from casual family gatherings to larger celebrations feel effortless. The private primary retreat delivers a true sense of luxury with a spa-like bathroom and generous walk-in closet. Step outside to enjoy the covered outdoor living area, designed for entertaining in every season. A fireplace and overhead heaters create a warm and inviting atmosphere, whether you're hosting friends or enjoying a quiet evening at home. The location is equally impressive. Nestled along a peaceful neighborhood lane, this home provides convenient access to I-90, making trips to Downtown Bellevue and Seattle a breeze. Factoria, the T-Mobile campus, parks, and highly regarded schools are all close by.

1531 158th Court SE, Bellevue

Listing courtesy of Windermere Real Estate/East.

$3,299,990

5 Beds ⋅ 6 Baths ⋅ 2578733 MLS ⋅ ACTIVE Status

Discover the sought-after Carbondale floor plan by Murray Franklyn at The Reserve at Phantom Lake, a desirable community of just six new homes near Phantom Lake in Bellevue. Now offered with a $100,000 Buyer Bonus Credit—an amazing opportunity to make this beautiful home yours. This exceptional east-facing residence on Homesite 2 offers 5 bedrooms and 4.5 baths, including a spacious main-floor guest suite ideal for visiting guests, plus a private den perfectly suited for a home office. The thoughtfully designed main level centers around an expansive chef’s kitchen with an oversized island, flowing seamlessly into the dramatic two-story family room and generous dining area. The open layout creates an inviting space for both everyday living and effortless entertaining. Upstairs, the luxurious primary suite features a lavish spa-inspired bath and spacious walk-in closet with direct access to the oversized laundry room for exceptional convenience. The covered outdoor living space provides an ideal year-round retreat, complete with a fireplace and overhead heaters. Enjoy an exceptional Bellevue location with easy access to I-90 for a quick commute to Downtown Bellevue and Seattle. Factoria shopping and the T-Mobile campus are just minutes away, while multiple parks and award-winning schools are within easy walking distance. Set along a quiet neighborhood lane, this home combines an exceptional floor plan, sophisticated indoor-outdoor living, and an unbeatable Bellevue location.

1555 158th Court SE, Bellevue

Listing courtesy of Windermere Real Estate/East.

$3,299,990

5 Beds ⋅ 6 Baths ⋅ 2578168 MLS ⋅ ACTIVE Status

Discover the sought-after Carbondale floor plan by Murray Franklyn in The Reserve at Phantom Lake, an exclusive neighborhood of just six new homes near Phantom Lake in the heart of Bellevue. Perfect opportunity to buy with newly offered $100,000 Buyer Bonus Credit! This exceptional east-facing home on homesite 4 offers 5 bedrooms and 4.5 baths, including a spacious main-floor guest suite ideal for visiting family, plus a private den perfectly suited for a home office. The thoughtfully designed main level centers around an expansive chef’s kitchen with an oversized island, opening seamlessly to the dramatic two-story family room and generous dining area—an ideal setting for everyday living and effortless entertaining. Upstairs, the luxurious primary suite features a lavish spa-inspired bath and walk-in closet with direct access to the oversized laundry room for added convenience. The covered outdoor living space extends the home’s entertaining potential, complete with a fireplace and overhead heaters for year-round enjoyment. Enjoy an exceptional Bellevue location with easy access to I-90 for a quick commute to Downtown Bellevue and Seattle. You’re just minutes from Factoria shopping and the T-Mobile campus, with multiple parks and award-winning schools within easy walking distance. Set on a quiet neighborhood lane, this beautifully appointed home combines an exceptional floor plan, sophisticated indoor-outdoor living, and an unbeatable Bellevue location.

1487 158th Court SE, Bellevue

Listing courtesy of Windermere Real Estate/East.

$2,500,000

4 Beds ⋅ 4 Baths ⋅ 2569130 MLS ⋅ ACTIVE Status

Located in one of Bellevue's most established neighborhoods, this 4-bedroom, 4-bath Phantom Lake residence is a rare offering — luxurious and ready for its next chapter. The main home's great room is washed under skylights, framed by wide treetop views and thoughtful built-ins, with engineered teak floors flowing throughout. At the center, a chef's kitchen features Wolf range and oven, SubZero refrigerator and wine cooler, ceiling-mounted high-velocity vent, Thermador warming drawer, and granite counters. Retreat to the primary suite: a walk-in closet and spa-like bath with dual granite vanities, radiant heated floors, a heated towel rack, and a glass-enclosed shower with bench. A second main-level bedroom sits beside a full bath, while an elevator glides down to a lower level with a third bedroom, private patio access, a third shower bath, and a soundproofed Dolby Atmos home theater. A permitted 1-bedroom ADU offers private entrance with patio, full kitchen, in-unit laundry. Currently occupied by a long-term tenant on a month-to-month lease: sign on for instant income or reclaim the space. In addition, a flex room by the garage adapts easily to an office, studio, or gym. Outside, a freshly painted pergola with a hanging bench swing opens onto a path through mature gardens to a rear shed, completing a private, park-like retreat. With excellent schools nearby, this opportunity blending lifestyle and income, rarely comes along.

15734 SE 26th Street, Bellevue

Listing courtesy of Windermere Real Estate/East.

$1,650,000

5 Beds ⋅ 3 Baths ⋅ 2571944 MLS ⋅ ACTIVE Status

Wonderfully located close to Phantom Lake & Lake Sammamish with thoughtful & practical updates throughout - welcome home! The sweet, fenced front yard invites you in immediately, with its large patio and irrigated garden beds. Once inside, your proper entry leads you to your large living room with vaulted ceilings and the first of three fireplaces. The updated kitchen is ideal for any chef, sitting open with the bright dining space, with another cozy fireplace plus incredible pantry storage. Just off the kitchen sits the spacious deck, with spiral stairs down to the rest of your fenced backyard. Off the kitchen sits a convenient half bathroom, plus your utility room. Three main floor bedrooms sit at the south end of the home, adjacent to an updated full bathroom. The lower level offers a very large fourth bedroom and third fireplace. Slider doors from the spacious rec room lead to your sweet patio and large, fenced backyard. The primary suite boasts a massive walk-in closet, plus a beautifully updated five piece bathroom. From the updated plumbing, rubberized roof, central air conditioning and attached 2 car garage, to its access to beloved parks & fantastic schools, this home is a true Bellevue gem.

1512 167th Avenue SE, Bellevue

Listing courtesy of Lake & Company.

$1,099,000

3 Beds ⋅ 1 Baths ⋅ 2570625 MLS ⋅ ACTIVE Status

Enjoy easy one-level living in this thoughtfully renovated 3-bedroom Bellevue rambler on an expansive 8,400 sq. ft. lot. The remodeled kitchen features a generous peninsula and exceptional pantry storage, while French doors connect the living space to a new deck and fully fenced, landscaped backyard. Heat pump, natural gas, gas fireplace, newer fencing, hardwired internet and double-gate yard access add everyday function. Minutes to Robinswood Park, Phantom Lake, Lake to Lake Trail, Downtown Bellevue and Microsoft. A compelling opportunity for buyers who value updates, outdoor space and Eastside convenience.

2411 156th Avenue SE, Bellevue

Listing courtesy of Windermere R E Mount Baker.

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