Newcastle Homes with 42 - Multi-Family Style

Welcome to Newcastle, Washington—a hidden gem nestled in the heart of King County. Just a stone's throw from the bustling city of Seattle, Newcastle offers a perfect blend of suburban tranquility and urban convenience. Known for its picturesque parks, lush green spaces, and stunning views of Lake Washington, Newcastle is a community that resonates with both nature lovers and city dwellers alike.

As you explore the real estate landscape of Newcastle, you'll discover a variety of housing options, including charming multi-family homes that cater to diverse lifestyles. With homes designed for multi-family living, this area is ideal for those seeking investment opportunities or families looking to create a close-knit community. These properties often feature spacious layouts, multiple units, and shared amenities, making them perfect for extended families or savvy investors seeking rental income.

Newcastle's vibrant community is complemented by excellent schools, a plethora of recreational activities, and a welcoming atmosphere that makes it easy to feel at home. Residents enjoy access to beautiful parks such as Lake Boren Park and the Newcastle Golf Club, perfect for outdoor enthusiasts and families alike. Additionally, the city’s proximity to major highways and public transportation ensures that the excitement of Seattle is just a short drive or ride away.

Whether you're looking to invest in multi-family properties or find a comfortable home for your family, Newcastle, WA, offers a unique opportunity to embrace a balanced lifestyle in a thriving community. Come and discover the charm of Newcastle—where home truly feels like a retreat.

Newest Newcastle Homes with 42 - Multi-Family Style

$2,150,000

2535325 MLS ⋅ ACTIVE Status

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.

12901 Newcastle Way, Newcastle

Listing courtesy of Berkshire Hathaway HS NW.

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