$1,198,500
 $6,434 est/mo Sourced by Back At You

11329 Newcastle Way,Newcastle, WA 98056

Newcastle, WA 98056

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Description

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.

Details

MLS #2511507
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1921
Days On Site155
Listing Provided ByJohn L. Scott, Inc | Paul F. Mackay Jr

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,760
Garage3
Car PortYes
Story(s)2
ZoningR-6
Acreage0.52

Taxes

Property9916

Area Information

StateWA
CountyKing
CityNewcastle
Zip Code98056
Area500 East Side | South of I 90
Community NameNewcastle
School DistrictHazen Snr High
Elementary SchoolHazelwood Elem
High SchoolHazen Snr High
Listing VS Median (in Newcastle)
Price:
$1,198,500
low | high
Med:
$1,449,995
29.015853149771% of Average
sqft:
2,760
low | high
Med:
2,596
55.942028985507% of Average
$ / sqft:
$434
low | high
Med:
$559
21.372786861852% of Average
On site:
155
low | high
Med:
246
63.008130081301% of Average
Sourced by Back At You

Market Activity 98056

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Learn More About This Property

StateWA
CountyKing
CityNewcastle
Zip Code98056
Area500 East Side | South of I 90
Community NameNewcastle
School DistrictHazen Snr High
Elementary SchoolHazelwood Elem
High SchoolHazen Snr High
Listing VS Median (in Newcastle)
Price:
$1,198,500
low | high
Med:
$1,449,995
29.015853149771% of Average
sqft:
2,760
low | high
Med:
2,596
55.942028985507% of Average
$ / sqft:
$434
low | high
Med:
$559
21.372786861852% of Average
On site:
155
low | high
Med:
246
63.008130081301% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $898K - $1.498M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
11426 SE 67th Place Property Photo 1
$875,000
11426 Se 67th Place
Bellevue, WA 98006
Listing Updated: September 24, 2026 at 7:29:48 PM PDT