Enatai: the quiet side of 98004
Access to both I-90 and 520, a strong elementary school, and waterfront lanes that most of Bellevue has never driven. Enatai is where buyers go when they want Bellevue services without visibility.
Who buys here
Founders and senior executives who want West Bellevue convenience without West Bellevue attention. The double freeway access makes every Eastside campus and Seattle reachable, and the Beaux Arts Village border adds a quirk worth knowing: it is a separate municipality with its own rules, and the line matters for permits and taxes.
The tax picture
Enatai waterfront parcels sit above the estate exclusion, and the neighborhood's low turnover means embedded gains are large. Real estate's exemption from the capital gains excise tax makes these properties efficient to sell when the time comes; the estate tax makes them worth titling correctly long before then.
This is not tax or legal advice. Aditya Kasturi is a licensed real estate broker, not a CPA, attorney, or financial advisor. Figures are illustrative, based on Washington and federal law as understood at the time of writing, and laws change. Confirm any strategy on this page with your CPA and, where relevant, your estate planning attorney before acting.
Common questions
Does Washington's capital gains tax apply to selling my home here?
No. Sales of real estate are exempt from the Washington capital gains excise tax at any price. Federal rules, including the primary-residence exclusion, still apply. Confirm the details with your CPA.
Does the Beaux Arts border affect my property?
If you are on or near the line, yes: permitting authority, utility districts, and local levies differ. I confirm the parcel's jurisdiction as part of any valuation or purchase here.
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