Exceptional Newcastle development opportunity on a rare 22,500 sq ft (approx.) lot. Ideal for homeowners, investors, or builders seeking expansion potential. Property offers outstanding possibilities for short-platting (3 lot potential), multi-unit development, 6 Cottage Homes, ADUs and DADUs, or creating a multi-generational compound. Existing 2-story home sits toward the back of the lot, providing natural separation for future structures and maximizing land-use flexibility. Home features nearly 2,760 sq ft with a chef's kitchen equipped with Dacor cooktop and stainless appliances, warm cedar accents, Laminate flooring, fireplace, and an oversized 2+ car garage with RV-height door. Large deck overlooks the expansive grounds. Level topography, utilities on site, and a highly walkable location near shopping, cafes, library, trails, and transit make this an exceptional canvas for redevelopment or long-term investment. Opportunities like this are increasingly rare in Newcastle-bring your vision and unlock the full potential of this premier property. Pre-application meeting with Newcastle is available now.
| MLS # | 2511507 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1921 |
| Days On Site | 155 |
| Listing Provided By | John L. Scott, Inc | Paul F. Mackay Jr |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,760 |
| Garage | 3 |
| Car Port | Yes |
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.52 |
| Property | 9916 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Newcastle |
| Zip Code | 98056 |
| Area | 500 East Side | South of I 90 |
| Community Name | Newcastle |
| School District | Hazen Snr High |
| Elementary School | Hazelwood Elem |
| High School | Hazen Snr High |
| Listing VS Median (in Newcastle) | |
Price: $1,198,500 low | high Med: $1,449,995 sqft: 2,760 low | high Med: 2,596 $ / sqft: $434 low | high Med: $559 On site: 155 low | high Med: 246 | |
| State | WA |
|---|---|
| County | King |
| City | Newcastle |
| Zip Code | 98056 |
| Area | 500 East Side | South of I 90 |
| Community Name | Newcastle |
| School District | Hazen Snr High |
| Elementary School | Hazelwood Elem |
| High School | Hazen Snr High |
| Listing VS Median (in Newcastle) | |
Price: $1,198,500 low | high Med: $1,449,995 sqft: 2,760 low | high Med: 2,596 $ / sqft: $434 low | high Med: $559 On site: 155 low | high Med: 246 | |