Address	11011 NE 12th St, Bellevue, WA 98004
Completed	1992
Exterior Renovation	2012
Floors	6
Total Units	38
Unit Types	1BR, 2BR
Parking	Assigned parking and additional storage in secure garage

---

Building Overview

Park Place is one of the older condo buildings in downtown Bellevue, completed in 1992 and significantly refreshed with an exterior renovation in 2012. The 38-unit, six-story building sits on NE 12th Street at the northern edge of the downtown core – near the Bellevue Library, Bellevue City Hall, and the series of parks and green spaces that characterize the northern end of downtown.

As a 1992 building with 38 units, Park Place is established and stable. The owner community is long-tenured, the HOA is experienced, and the building has the lived-in character that only comes from decades of consistent ownership. For buyers who find the energy of newer, larger buildings less appealing, Park Place offers genuine residential quiet in a downtown location.

The 2012 exterior renovation updated the building’s curb appeal and building envelope, addressing maintenance concerns that buildings of this vintage commonly face.

Floor Plans and Unit Types

Park Place offers one- and two-bedroom floor plans across its six residential floors. Unit sizes and configurations reflect the design sensibility of early 1990s Bellevue – comfortable, well-proportioned rooms without the open-concept emphasis of newer buildings.

Unit condition varies significantly. Original-condition units present renovation opportunities; updated units command premiums. When evaluating Park Place listings, unit condition is the primary variable after floor and orientation.

Amenities

Park Place provides the fundamentals for comfortable downtown condo ownership:

• Secured garage parking – Assigned parking in a controlled-access underground garage.
• Additional storage – Dedicated storage units available to residents.
• Proximity to parks and the Bellevue Library – The building’s northern downtown location places it within walking distance of the Bellevue Library, Bellevue City Hall Plaza, and several parks and outdoor spaces along NE 12th Street.

Who Park Place Is Best For

Park Place suits buyers who want a proven, low-key downtown Bellevue address at a price point that reflects the building’s 1992 vintage. The northern downtown location – quieter than the retail-heavy southern core, closer to the library and civic amenities – appeals to buyers who value civic walkability over shopping proximity.

For buyers doing a total-cost analysis, Park Place’s lower purchase price relative to newer buildings needs to be weighed against potential renovation costs for units in original condition. The building’s well-maintained status helps, but buyers should conduct thorough due diligence on HOA financials and reserve fund adequacy given the building’s age.

Location

NE 12th Street at the northern edge of downtown Bellevue is a transitional corridor between the urban core and the quieter residential neighborhoods to the north. The Bellevue Library, Bellevue City Hall, and several parks and plazas are walkable from the building. The downtown retail and restaurant core is accessible on foot, with Bellevue Square and Lincoln Square approximately a ten-minute walk south.

Frequently Asked Questions – Park Place

Q: What should I look for when evaluating a Park Place condo?

Given the 1992 build year, focus on three things: unit condition (kitchen, bathrooms, appliances – have they been updated?), HOA financial health (request current financials and reserve study), and parking assignment. Buildings of this vintage can have varying reserve fund adequacy. A thorough review of HOA documents is essential before making an offer.