12901 Newcastle Way, Newcastle, WA 98056
Local realty services provided by:Knipe Realty ERA Powered
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....
Contact an agent
Home facts
- Listing ID #:2535325
- Updated:July 29, 2026 at 12:26 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)
New listings near 12901 Newcastle Way
- New
$2,650,000Active4 beds 4 baths3,810 sq. ft.14741 SE 83rd Place, Newcastle, WA 98059
MLS# 2555463Listed by: JOHN L. SCOTT, INC - New
$1,059,000Active3 beds 2 baths1,450 sq. ft.12610 SE 73rd Place, Newcastle, WA 98056
MLS# 2558562Listed by: COMPASS - New
$1,649,800Active5 beds 3 baths3,300 sq. ft.8816 140th Avenue Se, Newcastle, WA 98059
MLS# 2557823Listed by: MY REALTY GROUP LLC - New
$1,899,000Active6 beds 4 baths4,210 sq. ft.13721 SE 90th Place, Newcastle, WA 98059
MLS# 2549140Listed by: WELAKESIDE
$2,850,000Pending5 beds 5 baths5,320 sq. ft.14716 SE 83rd Place, Newcastle, WA 98059
MLS# 2556162Listed by: EXP REALTY
$2,250,000Active4 beds 3 baths3,690 sq. ft.8321 144th Avenue Se, Newcastle, WA 98059
MLS# 2549048Listed by: REAL RESIDENTIAL- Open Thu, 10am to 6pm
$1,549,995Active6 beds 3 baths2,596 sq. ft.8320 115th Place Se, Newcastle, WA 98056
MLS# 2555989Listed by: D.R. HORTON
$2,850,000Active5 beds 5 baths4,419 sq. ft.8225 155th Avenue Se, Newcastle, WA 98059
MLS# 2553665Listed by: COLDWELL BANKER DANFORTH
$1,260,000Active3 beds 3 baths2,640 sq. ft.8231 126th Place Se, Newcastle, WA 98056
MLS# 2555829Listed by: SKYLINE PROPERTIES, INC.
$2,149,800Active5 beds 4 baths3,760 sq. ft.7615 113th Avenue Se, Newcastle, WA 98056
MLS# 2551086Listed by: KELLY RIGHT RE OF SEATTLE LLC