Bellevue Real Estate
History
Bellevue was founded in 1869 by William Meydenbauer. Once a rural city with little development, the burgeoning Bellevue is now growing at a rapid rate. When the Lake Washington Floating Bridge opened in 1940, Seattle visitors suddenly found the small town accessible and began to develop. The opening the Evergreen Point Floating Bridge in 1963, tripled the city's development rate and has since greatly influenced the current state of the Bellevue real estate market. Bellevue is one of the largest cities in the state and is home to Bill Gates, the self-made billionaire and CEO of Microsoft. Other notable companies headquartered within the Bellevue vicinity include Coinstar, Eddie Bauer, Expedia, InfoSpace, T-Mobile and QFC. The location of these businesses in Bellevue coupled with the beauty of surrounding Lake Washington and the breathtaking views of Mt. Rainer has created a large demand for Eastside property.
Description
Located just across Lake Washington, Bellevue is a well-known suburb of Seattle and is one of the fastest growing cities in the state. The downtown area is undergoing large-scale expansion; namely from commercial residential high-rise development. Lincoln and Bellevue Square serve as the main shopping centers of the Eastside, attracting visitors from around the Seattle-Metro area.
Residents
Bellevue is a town of youth, with many residents working for Microsoft and other local high-tech firms, making the city a hub for the extremely affluent. Bellevue residents are known as "Bellevueites" and can't go unmissed in flashy cars, designer duds, and expensive Lake Washington real estate.
Housing
Much of the expensive Seattle real estate is located in Bellevue or the surrounding areas of Clyde Hill, Hunts Point, Medina, and Yarrow Point. The towering high-rise condominiums and high-end rentals dominate much of the properties for sale in Bellevue, WA. Due to the massive growth of the downtown and residential areas, Bellevue, WA real estate is one of the most lucrative industries in the city.
Activities
If you like to shop, a Bellevue home provides a close proximity to the likes of Nordstrom and Macy's to J. Crew and Banana Republic; Bellevue and Lincoln Square have everything for the inquiring shopaholic. |
