96 Cascade Key, Bellevue, WA 98006
Presenting a rare opportunity to own 1.25 expansive acres with 175 feet of coveted low-bank waterfront in one of Bellevue’s most prestigious neighborhoods—Newport Shores. This exceptional property comes with approved architectural plans for a stunning residence, giving you the flexibility to build your dream home. The lot itself is ready for development—no existing home—allowing you to bring your vision to life. The community offers near-perfect level grade with sidewalks throughout and is located within the Bellevue School District, recognized in 2025 as the best in Washington State. Ideally situated on a private, quiet cul-de-sac, this location offers convenient proximity to Downtown Seattle, Bellevue, Sea-Tac Airport, and a wealth of amenities including shopping, fine dining, medical care, parks, and various commute options.
Rare and Grandfathered Waterfront Asset

A Rare 100-Foot Waterfront Dock
One of the most valuable features of the property, the existing 100-foot dock is a rare, grandfathered asset on Lake Washington—positioned to accommodate substantial watercraft and enhance true waterfront living.

Designed for Scale & Longevity
Dock plans outline a substantial pier footprint with modern, light-permeable decking and upgraded structural elements—providing both durability and long-term usability in a setting where new dock construction of this scale is no longer permitted.

Calm Water, Protected Moorage
Situated within a natural breakwater zone, the dock benefits from calmer water conditions—offering added protection for vessels and a more enjoyable day-to-day waterfront experience.
Designed for the Automotive Enthusiast
This house was designed with an ambitious car collector in mind. The current dimensions allow for an eighteen-car garage. Three cars on grade, with a design for an elevator in the middle stall to an underground fifteen car garage, with in floor heating, and glass wall viewing room. But this is also flexible, you can designate this space to use however the end user wishes.
A Strategic Head Start — Time Is the Ultimate Luxury
On Lake Washington, time is often the most expensive line item. Raw waterfront land typically demands a 2–3 year journey through design, engineering, permitting, site work, and construction before a single sunset is enjoyed. At 96 Cascade Key, that timeline has been strategically compressed.
Extensive groundwork is already complete, including structural foundation installation. Architectural plans are fully developed and in the final phase of city approval, with permits expected within weeks—positioning the next owner to move directly into vertical construction.
The result: a rare opportunity to bypass years of friction, uncertainty, and holding costs. For those who measure wealth not only in assets but in momentum, this offering delivers what cannot be replicated—immediate forward progress on a generational waterfront estate.
The lot comes with a finished 8000 sq ft footprint/ foundation, with a grid of 69 auger cast pilings. Each piling is two and a half feet in diameter that goes down nearly 70 feet below the base. What this means is that every square inch of the existing foundation is load bearing ie, In other words, there is flexibility and freedom to build almost any home or type of structure you could dream of.
Maximum Design Flexibility
Flexibility is the name of the game. Because the foundation is so over-engineered, every square inch of it is load-bearing.

Structural Confidence & Build Optionality: Engineered foundation provides exceptional structural flexibility, reducing build uncertainty and accelerating construction readiness.

Approved Contemporary Plan — 8,720 SF: Thoughtfully designed and currently progressing through final city approval, this refined plan balances livability with efficient build momentum.

Expanded Estate Vision — 14,314 SF: Alternate architectural plans support a larger custom estate — maximizing waterfront presence while honoring site capacity.

Tailored Design Expression: Approved plans provide structure, but your vision shapes the finish — from interior architecture to bespoke lifestyle amenities.
Preview Architectural Renderings
Welcome to Newport Shores: A Community. A Lifestyle.
Discover more about Newport Shores and the Newport Yacht Club. Click below for HOA details and learn what makes this waterfront community so special.

Prime Location with Exceptional Accessibility
This lot is flat from street to water, with the orientation of the home towards the street, so most of the available upland area is available for a private backyard—making an incredible waterfront venue capable of hosting weddings, gatherings, and casual get-togethers. The lot is located on a quiet street with ample guest parking. This makes hosting large gatherings easy because it's almost impossible to run out of guest parking on the street.

Walkable, Community-Focused Neighborhood with Convenient Access
The neighborhood itself is flat, with wide streets and sidewalks, which makes it perfect for walking or riding your bicycle. The neighborhood is very friendly and community-forward. And even though it's tucked away in what feels like its own little quiet part of the world, it's also in convenient proximity to Sea-Tac Airport, Downtown Seattle, Downtown Bellevue, and Mercer Island.
Your dream of owning this legacy estate could be closer than you think — explore financing options for this unique opportunity.
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