Phantom Lake Real Estate

Welcome to Phantom Lake, a hidden gem nestled in the heart of Bellevue, Washington. This enchanting neighborhood offers a unique blend of serene natural beauty and vibrant community living, making it an ideal place for families, professionals, and retirees alike.

Phantom Lake is renowned for its picturesque landscapes, featuring lush greenery and tranquil waters that create a peaceful oasis just minutes from the bustling city of Bellevue. The centerpiece of the neighborhood is Phantom Lake itself, a serene body of water that invites residents to enjoy leisurely walks, picnics, and outdoor activities. The surrounding parks, such as the nearby Phantom Lake Park, provide ample opportunities for hiking, biking, and enjoying the great outdoors.

Families will appreciate the excellent schools in the area, part of the highly regarded Bellevue School District, known for its commitment to academic excellence. With a strong sense of community, Phantom Lake hosts various events throughout the year, fostering connections among neighbors and creating a welcoming atmosphere.

Conveniently located, Phantom Lake offers easy access to major highways and public transportation, making commutes to Seattle and other nearby cities a breeze. Residents can also indulge in the vibrant shopping and dining options that Bellevue has to offer, from upscale boutiques to local eateries.

Whether you’re looking to raise a family, enjoy a peaceful retirement, or find a place that balances work and play, Phantom Lake is a neighborhood that truly has it all. Discover the charm and character of this delightful community, and make it your new home today!

Newest Listings in Phantom Lake

$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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