12901 Newcastle Way, Newcastle, WA 98506

Newcastle
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: j. casey losh, nate pearson
Office: ewing & clark, inc.
MLS#:2494386
Source:NWMLS
12901 Newcastle Way,Newcastle, WA 98506
$2,250,000
  • 0.63 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$2,250,000

About this home

Newcastle Development Site, a rare 27,635 square foot development opportunity located just outside of Bellevue, Washington. While the zoning is flexible and would allow the future purchaser the opportunity to permit the parcel to their specific needs, the current owner has put together a detailed site plan and feasibility study. The site plan consists of 27 townhouse units averaging 1,680 square feet each, over a parking garage comprised of 33 stalls and one 4,500 square-foot retail storefront. With the area’s strong housing demand, the market directly surrounding the site is one of the best in the nation, creating the perfect opportunity for a developer to invest in this townhome layout and provide options for those who want to own in the area. (Note: Property shares same address as Newcastle Library, property for sale is behind the library.)

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Home facts

  • Listing ID #:2494386
  • Updated:May 14, 2026 at 12:33 AM

Structure and exterior

  • Lot area:0.63 Acres

Utilities

  • Water:In Street
  • Sewer:In Street

Finances and disclosures

  • Price:$2,250,000
  • Tax amount:$10,875 (2026)
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