Lochleven is one of Bellevue's best neighborhoods, unpretentious, and overlooking Meydenbauer Bay. 2010 Lochleven Bellevue, WA neighborhood home values mirror the 2009 market…there are positive signs that home values are holding robustly steady going into 2011.  The transaction count in Bellevue's Lochleven neighborhood increased to 10 closed sales (with a backlog of 4 pending sales) with a median sale price of $993,250 compared to 2009’s total of 9 closed sales with a median sale price of $1,125,000.  The median price doesn't tell the story...read on!  The Lochleven Bellevue neighborhood home price average price per square foot increased 14.4% from $405 to $453 in 2010. Excluding the two closed waterfront sales (1 pending waterfront sale in backlog), the average price per square foot a... 12/30/2010

Lochleven is one of West Bellevue’s distinctly popular neighborhoods due to its proximity to downtown and three of Bellevue’s best parks, starting with the wildly popular Bellevue Downtown Park, Meydenbauer Park, and Clyde Beach Park, all within reasonable walking distance for Lochleven’s homeowners. Being next to downtown Bellevue and Lake Washington has boosted the value of homes in Lochleven.  People are willing to pay a premium to have the convenience of being near all the best of downtown Bellevue and the waterfront. Lochleven non waterfront home values in 2010 as represented by closed sales ranged from $700,000 to $3.2 million, on lots that ranged from 7,500 square feet to 17,750 square feet.  Homes here are aligned on a non-typical street grid (long blocks) interupted only by the... 12/14/2010