“Inside Bellevue”, the Bellevue neighborhood spotlight series, is a unique collaboration between The Brazen’s at Windermere Real Estate/Bellevue Commons and Downtown Bellevue Network. Drawing upon their over 30 years of experience living, working, and selling in Bellevue, the esteemed Brazen family provides an exclusive insider’s perspective on living in Bellevue and the real estate market.
We are exploring Lakemont, a Bellevue neighborhood with approximately 1,800 to 2,000 homes. This area offers a variety of housing options, including single-family homes, townhouses, and luxury residences within different subdivisions and gated communities. Lakemont boasts family-friendly amenities such as an extensive trail system, a shopping center, and several parks to enjoy.
Lakemont Real Estate by the Numbers
| Average Price of Home Sold* | Average Price Per Sq Ft* | Average Days on the Market* | Number of Homes Sold in the Last 12 Months | Highest Priced Home Sold in the Last 12 Months | Lowest Priced Home Sold in the Last 12 Months |
|---|---|---|---|---|---|
| $2,057,512.00 | $614.50 | 21 | 74 (61 single-family homes, 13 condos) | $4,375,000.00 | $563,000 (Condo), $1,050,000 (SFH) |
*NWMLS Data from July 1, 2023 – June 30, 2024
Lakemont Amenities
The Bellevue neighborhood of Lakemont offers a plethora of amenities that enhance its appeal for residents. Central to the area is a robust trail system that connects homes to local parks, the Lakemont Village Shopping Center, and Cougar Mountain Regional Wildland Park.
The Lakemont Village Shopping Center serves as a convenient hub for residents, providing a variety of services and shopping options in a welcoming, community-focused environment.
Cougar Mountain Regional Wildland Park, located nearby, features an array of hiking and biking trails, wildlife viewing opportunities, and beautiful vistas. Notable trails like the Red Town Trailhead and Coal Creek Falls Trail offer both adventure and scenic beauty.
History of the Lakemont Neighborhood
Developed in the 1980s and 1990s, the Lakemont area was envisioned as a planned residential community that blends suburban living with the natural beauty of the Cougar Mountain foothills. The development aimed to create a diverse neighborhood.
Lakemont’s evolution reflects Bellevue’s broader shift from a rural, resource-based economy to a vibrant suburban community. The area’s planning and commitment to preserving its natural surroundings have made it a highly desirable place to live.
Style of Homes
Outside of Downtown Bellevue, the Cougar Mountain and Lakemont neighborhoods have seen the most significant growth and development over the past two decades. This expansion has mainly taken the form of single-family homes.
Lakemont offers a diverse range of housing options, from single-family homes to townhouses and upscale residences, with architectural styles spanning from contemporary to traditional. Single-family homes are the most prevalent, varying from modest starter homes to expansive, luxurious properties.
In addition to single-family residences, Lakemont features several townhouse communities, as well as custom-built homes.
Planned communities within Lakemont, developed by well-known builders, often present uniform architectural styles and shared amenities. For those seeking a personalized touch, custom lots are available, allowing buyers to design and construct their dream homes to their specifications.
Housing prices in Lakemont vary widely, reflecting the diverse range of home types and sizes available. While there are more affordable options, such as townhouses and smaller single-family homes, the area is renowned for its high-end real estate market. The luxury segment includes multimillion-dollar estates with expansive plots, panoramic views, and top-tier construction and amenities.
Noteworthy Events
Lakemont hosts several noteworthy events that bring the community together. One of the highlights is the Lakemont Village Fall Festival, which features a range of activities including pumpkin decorating, face painting, live music, and a variety of local vendors. Additionally, the Lakemont Farmer’s Market provides a platform for local farmers and artisans to showcase fresh produce and handmade goods.
Additional Facts about Lakemont
Lakemont’s main attraction lies in its elevated location, which offers residents stunning panoramic views. From this roughly four-square-mile area, one can see Lake Sammamish and the Cascade Mountains to the east, while downtown Bellevue, Lake Washington, and even Seattle are visible to the west. This breathtaking scenery enhances the appeal of the neighborhood.
The neighborhood is particularly popular among families due to its safe environment, top-rated schools, and community-oriented atmosphere. Lakemont’s family-friendly reputation is supported by its well-maintained parks, excellent educational facilities, and a strong sense of community.
Well-connected by road, Lakemont offers easy access to Interstate 90, facilitating convenient commutes to downtown Bellevue, Seattle, and other parts of the Greater Seattle area.
While the majority of Lakemont is situated within the city limits of Bellevue, Washington (ZIP 98006), a portion of the neighborhood extends into Issaquah, Washington (ZIP 98027). Despite this split, the entire area falls within the Issaquah School District. Lakemont also borders the neighboring cities of Issaquah and Newport, making it one of the largest suburban areas in Bellevue.
Who wrote this…. it’s all made up…”Lakemont hosts several noteworthy events that bring the community together. One of the highlights is the Lakemont Village Fall Festival, which features a range of activities including pumpkin decorating, face painting, live music, and a variety of local vendors. Additionally, the Lakemont Farmer’s Market provides a platform for local farmers and artisans to showcase fresh produce and handmade goods.”