12901 Newcastle Way Newcastle, WA 98506
12901 Newcastle Way
Newcastle, WA 98506
$2,250,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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.)
Property Features
Community: Newcastle
Multi-Family
Pool: Above Ground
2026 Taxes: $10875.00
Buyer Broker Comp.: 2.5%
Listing #: 2494386
Lot Details
Lot Size: 0.63 acres
Road Sides: 129th Ave SE
Road: Paved
Utilities
Electricity: In Street
Water: In Street
Gas: In Street
Sewer: In Street
Schools
District: Issaquah
Call or Email:
Grace Wamwere
What's Near 12901 Newcastle Way Newcastle, WA 98506?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Ewing & Clark, Inc.
