Devonshire

About Devonshire

Devonshire is a private, gated 48-unit townhome community in Downtown Bellevue, built in 1987 by Chaffey Homes (still operating today as Chaffey Custom Construction, a Bellevue-based luxury builder). The community spans approximately 9.45 acres along the 1700 to 1810 block of Bellevue Way NE. Twenty two-story buildings hold the 48 residences, giving the community a low-density, neighborhood-within-a-neighborhood character that is unusual in the heart of an urban core. The legal subdivision name in King County records is “17 Devonshire Condominium,” but the community is universally marketed and known as simply Devonshire.

The homes feel more like attached single-family residences than typical condos. Floor plans range from roughly 1,800 to 2,500-plus square feet across one or two levels, with attached two-car garages, private patios or yard space, and primary suites on the main floor in several configurations. Listings consistently describe the community as “coveted,” “treasured,” or “highly sought-after,” reflecting the rarity with which units come to market and the strength of resale demand for the single-level floor plans that combine main-floor primary suites with walkable downtown access.

Building Details

Devonshire was developed by Chaffey Homes and completed in 1987. The community’s defining qualities are its scale, its setting, and its gating. With 48 residences spread across 20 buildings on roughly 9.45 acres, the density is dramatically lower than the high-rise towers that dominate the rest of Downtown Bellevue. Gated entry, mature landscaping, and a professionally managed common area give the community a distinctly residential feel despite sitting steps from Bellevue Square and the broader Bellevue Collection. Buyers who shop the high-rise Downtown Bellevue inventory and find themselves wanting more privacy, more outdoor space, and a more residential rhythm consistently identify Devonshire as a rare alternative.

Individual residences typically include hardwood floors, slab granite or marble counters, stainless or premium appliance packages, spa-style primary baths with dual vanities and jetted tubs, walk-in closets, dedicated office or flex spaces, central air conditioning, two gas fireplaces, and substantial attic storage above the two-car garage. Floor plans cluster around several footprints (the most common are roughly 1,861, 2,172, 2,322, and 2,457 square feet), and within each footprint condition, view, orientation, and primary-suite location drive meaningful price variation. The HOA covers exterior maintenance, common area water and sewer, roof and roof reserves, lawn service, road maintenance, and earthquake insurance. The HOA enforces a rental cap of 5 units (currently 3 rented), which supports strong owner-occupancy ratios and clean financing eligibility for buyers. Owners describe the HOA as conscientious and the grounds as meticulously kept, both of which are durable resale assets for a building of this age.

Market Profile

Devonshire is a strong-resale, low-turnover community. Units rarely come to market and tend to move quickly when they do, particularly the single-level floor plans with main-floor primary suites and the larger two-story plans with primary on main. Across the most recent 24 months of sales, the community has produced a consistent pattern of fast closes and frequent over-ask outcomes for the most desirable floor plans.

Recent sales:

• 1810 Bellevue Way NE (2,322 SF, single level, 2BR plus office, greenbelt-facing): sold 02/2025 at $2,350,000 ($1,011 per SF), 6 days on market, over ask by $55,000.
• 1792 Bellevue Way NE (2,322 SF, single level, 2BR plus convertible office): sold 10/2024 at $2,410,000 ($1,038 per SF), 5 days on market, over ask by $315,000.
• 1744 Bellevue Way NE (2,458 SF, primary on main, end unit): sold 05/2024 at $2,088,000 (full price), 5 days on market.
• 1756 Bellevue Way NE (2,172 SF, 2BR): sold 06/2024 at $2,000,000, 16 days on market.
• 1708 Bellevue Way NE (2,457 SF, 3BR, south-facing, primary on main): sold 03/2026 at $1,938,000 ($789 per SF), 31 days on market.
• 1726 Bellevue Way NE (2,458 SF, 3BR, primary on main, corner): sold 03/2026 at $1,895,000 ($771 per SF), 6 days on market.
• 1778 Bellevue Way NE (2,172 SF, 3BR, $250K of renovations): sold 02/2026 at $1,945,000 ($895 per SF), 6 days on market.
• 1728 Bellevue Way NE (2,172 SF, 3BR, corner lot): sold 01/2026 at $1,890,000 ($870 per SF), 25 days on market.
• 1732 Bellevue Way NE (1,861 SF, 2BR, smallest plan): sold 08/2025 at $1,600,000 ($860 per SF), 9 days on market.
• 1716 Bellevue Way NE (2,172 SF, 3BR): currently listed at $1,845,000, 68 days on market as of mid-May 2026.

The single-level 2,322 square foot floor plan has commanded the highest per-square-foot pricing in the community, supported by 2024 and 2025 sales above $2.3 million. Two-story 2,458 and 2,457 square foot floor plans have traded in the high $1.8 to $2.1 million range over the same period, with primary-on-main configurations commanding a premium. Smaller 1,861 and 2,172 square foot plans round out the spread at $1.6 to $1.95 million depending on condition, view, and recent renovation depth.

Within the community, the most reliable price drivers are: primary-suite location (main floor preferred), floor plan size, view exposure (greenbelt versus interior versus Bellevue Way frontage), and recent renovation depth. Corner and end units carry a privacy premium.

The combination of irreplaceable downtown adjacency, low-density gating, durable HOA stewardship, and consistent resale performance makes Devonshire one of the more enduring lifestyle plays in the Eastside condo and townhome market. It is a frequent destination for empty-nester downsizers leaving Clyde Hill, Medina, or Bellevue’s east-of-405 single-family neighborhoods who want to retain a single-family feel, and for executive professionals who want lock-and-leave convenience without the high-rise lifestyle.

Jeff Reynolds tracks Devonshire and the full Downtown Bellevue condo and townhome market as part of the Seattle Condo Authority Network. Contact Jeff for a buyer consultation, a current market analysis, or access to off-market opportunities in the community.

Frequently Asked Questions

Where is Devonshire located? +

Devonshire spans the 1700 to 1810 block of Bellevue Way NE in Downtown Bellevue, WA 98004. Twenty two-story buildings hold 48 residences across approximately 9.45 acres, with gated entry and mature landscaping screening the community from the surrounding streetscape. Bellevue Square, the Bellevue Collection, Lincoln Square, Meydenbauer Bay Park, and the full retail and dining core of Downtown Bellevue are all within easy walking distance. I-405 and SR 520 are immediately accessible.

Who built Devonshire? +

Devonshire was developed by Chaffey Homes (still operating today as Chaffey Custom Construction, a Bellevue-based luxury builder) and completed in 1987. The community has been continuously maintained by a professional HOA since.

How many units are in Devonshire? +

There are 48 residences total, spread across 20 two-story buildings on approximately 9.45 acres. The low-density layout gives the community a residential, neighborhood-within-a-neighborhood feel that is rare in the heart of Downtown Bellevue.

Is Devonshire a gated community? +

Yes. Devonshire is a private gated community with secure entry, mature landscaping, and well-maintained common areas. It is one of the very few gated residential communities in Downtown Bellevue.

What floor plans does Devonshire offer? +

The community has several distinct floor plans clustered around 1,861, 2,172, 2,322, and 2,457 square feet. Homes are 2 to 3 bedrooms with 2 to 2.5+ bathrooms and attached two-car garages. Several floor plans feature primary suites on the main floor, which is the most resilient resale layout in the community. The 2,322 square foot single-level plan with primary on main has commanded the highest per-square-foot pricing in recent years.

What schools serve Devonshire? +

The community is served by Clyde Hill Elementary, Chinook Middle School, and Bellevue High School, all within the highly rated Bellevue School District. School assignments have been consistent across recent Devonshire listings. Always confirm the current assignment for the specific unit address via the Bellevue School District attendance area tool as part of due diligence.

What amenities are included? +

Devonshire is intentionally a low-amenity community focused on privacy and grounds quality rather than shared facilities. There is no pool, gym, or concierge. The HOA covers gated security, common area maintenance, water and sewer, roof and exterior maintenance, lawn service, road maintenance, and earthquake insurance. Individual residences typically include attached two-car garages with attic storage, private patios or yards, central air conditioning, and two gas fireplaces.

What are HOA fees at Devonshire? +

Current monthly HOA dues are approximately $1,020 per unit (recent sales recorded dues between $979 and $1,020 across 2024-2026, reflecting modest annual increases). Dues cover common area water and sewer, roof and exterior maintenance, lawn service, road maintenance, and earthquake insurance. Contact Jeff Reynolds for verified current figures for any specific unit. Always request the most recent HOA financials, reserve study, board minutes, and special assessment history as part of your due diligence, with particular attention to roof, building envelope, and major mechanical system reserves given the building’s 1987 vintage.

Are there rental restrictions at Devonshire? +

Yes. The HOA enforces a rental cap of 5 units (currently 3 units are rented). This rental cap supports strong owner-occupancy ratios and clean conventional financing eligibility, which benefits resale value. Investors should confirm waitlist position with the HOA before purchase.

Who typically buys at Devonshire? +

Empty-nester downsizers leaving single-family homes in Clyde Hill, Medina, and east-of-405 Bellevue are a frequent buyer profile, drawn by the single-family feel without the yard maintenance. Executive professionals and frequent travelers value the lock-and-leave HOA-managed exterior and gated entry. Buyers who shopped the high-rise Downtown Bellevue inventory and wanted more privacy, more outdoor space, and a more residential rhythm are a third recurring profile.

What makes Devonshire different from other Downtown Bellevue condos? +

Devonshire combines four features that are rarely found together in Downtown Bellevue: a private gated entry, low-density 48-unit townhome scale, attached single-family-style residences with primary suites on the main floor in many plans, and walkable proximity to Bellevue Square. No high-rise tower in the area offers the same combination of privacy, outdoor space, and downtown adjacency. The community trades on that uniqueness, and the resale market has reflected it through multiple cycles.