Bridle Trails Farmhouse

Bellevue, WA
Bridle Trails Bellevue Contemporary Farmhouse exterior at sunset
*Not actual property photo. Used to show design intent.
Available Equity

$747,000

Remaining Equity

$350,000

Purchased to Value

34%

Projected Return

31%

Bridle Trails Bellevue Contemporary Farmhouse kitchen interior design inspiration
*Not actual property photo. Used to show design intent.
Bridle Trails Bellevue Contemporary Farmhouse stairwell
*Not actual property photo. Used to show design intent.
Bridle Trails Bellevue Contemporary Farmhouse living area
*Not actual property photo. Used to show design intent.
Bridle Trails Bellevue Contemporary Farmhouse drive and garages
*Not actual property photo. Used to show design intent.

Property Summary

Saddle up! We are investing directly into one of the larger remaining estate properties in Bridle Trails. Locally renowned Bridle Trails, is the only close-in neighborhood that offers a 482 acre park as well as homes on 3/4+ acre lots.

This tranquil neighborhood is only 5 minutes to downtown Bellevue and Kirkland, and just minutes to Highway 520 and I-405. The Bridle Trail’s State Park can be enjoyed by equestrians and pedestrians alike with show arenas and 28 miles of walking/riding trails.

Bridle Trails offers a rural atmosphere with many homes bordering the park for added privacy. This thriving neighborhood is the last of its kind in Bellevue and Kirkland, offering a superb equestrian community, that is less than a 5 minute drive to Microsoft.

Transformation

The 1.22 acre (53,143 sqft) lot features a 2,450 sqft 3 bedroom, 1.5 bath home which will be demolished to prepare for the new contemporary modern farmhouse (see Design Inspiration).

Demolition, lot clearing, earthworks, and foundation preparation will be commencing as soon as allowable (permits pending). Construction of the new home is targeted to be completed approximately 290 days or less, with lot preparation and permitting expected to be 120 days or less.

Property will feature a two story, 6700+ sqft home with 5+ bedrooms (plus den/office), 5+ full baths, and 1+ half baths. Amenities such as outdoor living spaces with a built in BBQ and fireplace will be a great touch off the kitchen and living area, and we are adding plenty of storage and a 3 car garage. Did we mention the custom home theater?

Reserve your equity!

7 + 11 =

Property Facts

Bedrooms: 5+
Bathrooms: 5.5+
Home SF: TBD
Lot SF: 53,143

At a Glance

Acquisition:

$1,210,000

Improvements:

$1,350,000

Sale:

$3,550,000

Total Preferred Equity Investment:

$746,092.00

Preferred Equity Projected Net Profit:

$232,542.70 (31% return on cash)

Minimum Preferred Equity Investment:

$50,000.00 (31% return on cash)

Projected Profit @ Minimum:

$15,500.00

Current Property Photos

Bridle Trails Bellevue property photo grass and trees
Bridle Trails Bellevue property photo grass and trees 2
Bridle Trails Bellevue property private road

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