Phantom Lake Homes for Sale

Welcome to Phantom Lake, a hidden gem nestled in the heart of Bellevue, Washington. This enchanting neighborhood is known for its serene atmosphere, picturesque landscapes, and strong sense of community. With its lush greenery and tranquil lakeside views, Phantom Lake offers residents a peaceful retreat from the hustle and bustle of city life, while still being conveniently located just minutes away from downtown Bellevue.

Phantom Lake boasts a variety of homes for sale, catering to a diverse range of tastes and lifestyles. From charming single-family homes to modern townhouses, the architectural styles here reflect a unique blend of contemporary design and classic elegance. Many properties feature spacious yards, ideal for family gatherings or quiet evenings under the stars. Residents also enjoy access to scenic walking trails, parks, and, of course, the beautiful Phantom Lake itself, perfect for leisurely strolls or picnics by the water.

The neighborhood is also well-connected, with easy access to major highways, public transportation, and a plethora of shopping, dining, and entertainment options nearby. Families will appreciate the highly-rated schools in the area, making it an ideal place to raise children.

Whether you are looking for your first home, a place to downsize, or an investment opportunity, Phantom Lake has something for everyone. Explore the homes for sale in this charming community and discover why so many are proud to call Phantom Lake their home. Experience the perfect blend of tranquility and convenience in this captivating Bellevue neighborhood!

Newest Phantom Lake Homes for Sale

$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.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.