12901 Newcastle Way, Newcastle, WA 98056
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: martin j. ho
Office: berkshire hathaway hs nw
MLS#:2535325
Source:NWMLS
12901 Newcastle Way,Newcastle, WA 98056
$2,150,000
- 0.63 Acres
- Lots / Land
- Active
Price summary
- Price:$2,150,000
About this home
Exceptional Newcastle development opportunity offering 27,635 square feet of prime land just minutes from Bellevue, Coal Creek, and the Eastside. Development sites of this scale and location are increasingly difficult to find, this property offers a unique chance to create much-needed housing in one of the Puget Sound region's strongest real estate markets. The current owner has completed extensive preliminary planning, including a detailed site plan and feasibility study featuring 27 townhome residences averaging approximately 1,680 square feet each, situated above a structured parking garage with 33 parking stalls and complemented by a 4,500-square-foot retail/commercial space. The proposed mixed-use concept creates the potential for a vibrant live-work environment while maximizing the site's development potential. Flexible zoning provides the opportunity to pursue a flexible vision and permitting strategy, whether advancing the existing concept or exploring alternative development scenarios. Surrounded by strong demographics, excellent schools, major employers, shopping, dining, parks, and convenient access to Bellevue, Seattle, and regional transportation corridors, the location offers compelling fundamentals for long-term success. Property shares the same address as the Newcastle Library. The parcel being offered for sale is located behind the library....
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Home facts
- Subdivision & Development:Newcastle
- Listing ID #:2535325
- Updated:September 25, 2026 at 11:29 AM
Structure and exterior
- Lot area:0.63 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk
Utilities
- Water:In Street
- Sewer:In Street
Finances and disclosures
- Price:$2,150,000
- Tax amount:$10,875 (2026)
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