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Factoria

Factoria is a south-Bellevue neighborhood built around commerce and nature in equal measure.

53
Walk Score
41
Transit Score
30
Bike Score

Living in Factoria

Factoria is a south-Bellevue neighborhood built around commerce and nature in equal measure. The Marketplace at Factoria โ€” a 43-acre retail center โ€” anchors daily life, while Coal Creek Park and Mercer Slough Nature Park bracket the neighborhood with hundreds of acres of trails and wetlands. Housing is overwhelmingly condos and townhomes, with a median around $433K for all residential, making it one of Bellevue's most affordable entry points. Single-family homes are scarce and trade above $1.4M when they appear. The neighborhood sits at the junction of I-90 and I-405, giving it some of the best freeway access on the Eastside โ€” but that same infrastructure means traffic noise and a car-dependent layout.

Factoria is a car-oriented neighborhood with moderate walkability around the Marketplace at Factoria shopping center. Walk Score 53 โ€” some errands can be done on foot near the mall, but most residents drive. Transit Score 41 with about 9 bus lines (routes 203, 226, 240, 212) but limited frequency. Bike Score 30 โ€” steep hills and fast-moving arterials discourage cycling. The trade-off is exceptional freeway access: I-90 and I-405 are both within minutes, making it one of the best-connected neighborhoods on the Eastside for car commuters.

First-time buyers who want Bellevue School District (Newport High School, #2 in WA) access at the lowest price โ€” condos from ~$409K Car commuters who need fast access to I-90 and I-405 โ€” Factoria is the best freeway junction in Bellevue Outdoor enthusiasts who want Coal Creek Park (300+ acres) and Mercer Slough (320 acres) as their backyard

Real Estate Market

Condo-22.1% YoY
$408,750
$457
$/sqft
124
Days
2
Sold

5-Year Price Trends

Quarterly median sale price. Source: Redfin. Hover to highlight.

Q4 2025. Quarterly data from Redfin. Low sales volume can cause quarter-to-quarter volatility.

Getting Around

South-central Bellevue, centered on Factoria Boulevard SE between I-90 and SE 36th Street. Bounded roughly by I-405 to the west, I-90 to the north, Coal Creek to the south, and 150th Ave SE to the east. Direct access to both I-90 and I-405 via Factoria Boulevard.

Key commute times:

  • Microsoft Redmond: 15 min by car via I-90/520
  • Amazon Bellevue: 10 min by car via I-405
  • Amazon Slu: 20-30 min by car via I-90, or bus
  • Google Kirkland: 20 min by car via I-405
  • Meta Bellevue: 10 min by car via I-405
  • T Mobile Bellevue: 8 min by car

Highlights

  • I-90 and I-405 junction gives fastest freeway access in Bellevue
  • Marketplace at Factoria: major retail center with grocery, dining, cinema
  • Coal Creek Park: 300+ acres of forested trails immediately south
  • Mercer Slough Nature Park: 320 acres of wetlands and trails to the northwest
  • Newport High School ranked #2 public high school in Washington
  • Condo median $409K โ€” most affordable entry into Bellevue School District

Schools

Newport Heights Elementary

Elementary
8/10

Tyee Middle School

Middle
7/10

Newport High School

High School
9/10

Developments & What's Coming

Marketplace at Factoria Redevelopment (Kimco Realty)

Approved / Phase 1 Under ConstructionPhase 1: 2027-2028, Full buildout: 2035+

Eight-phased master plan to transform the 43-acre, 526,000 sqft retail mall. Adds up to 685 apartment units, a 150-room hotel, two office buildings (175,000 sqft total), and 30% more retail space. Phase 1 is a 295-unit, five-story apartment building with ground-floor retail at the northwest corner. Three major plazas and an open-air shopping connection through the existing mall.

Cambridge Manor Townhomes (Basel Capital)

Under Construction2026-2027

58-unit townhome community in the Factoria area. $57.3M construction loan closed.

Factoria Boulevard Stormwater Improvements

Complete2025

City replaced stormwater pipes with larger concrete storm box conveyance under Factoria Blvd SE to reduce flooding risk in the Richards Creek drainage basin.

Great Neighborhoods Factoria (City of Bellevue)

In Progress

Community-driven neighborhood plan to guide future improvements. Part of the city's broader neighborhood enhancement program.

Thinking about Factoria?

I'd love to show you around and help you find the right home. Let's talk about what Factoria has to offer.

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