Newcastle Homes with 42 - Multi-Family Style

Welcome to Newcastle, Washington—a hidden gem nestled in the heart of King County. This vibrant city is renowned for its picturesque landscapes, rich community spirit, and an inviting atmosphere that makes it a desirable place to call home. With its stunning views of the Cascade Mountains and Lake Washington, Newcastle offers a unique blend of suburban comfort and natural beauty.

Newcastle boasts a variety of amenities that cater to both relaxation and recreation. Residents can enjoy the sprawling parks, such as the popular Newcastle Beach Park and the serene Coal Creek Natural Area, perfect for hiking, picnicking, and unwinding amidst nature. The city also features a thriving local dining scene and boutique shopping options, ensuring that you have everything you need right at your doorstep.

For those interested in multi-family homes, Newcastle presents a fantastic opportunity. The multi-family housing market here is diverse, offering a range of styles and configurations that cater to various lifestyles. Whether you’re looking for a cozy duplex or a spacious multi-unit building, Newcastle provides plenty of options that are both stylish and functional. These homes are perfect for families seeking close-knit living arrangements or investors looking to capitalize on the growing demand for rental properties in this thriving community.

With its excellent schools, convenient access to major highways, and proximity to the bustling cities of Seattle and Bellevue, Newcastle is a fantastic place to settle down. Experience the charm of Newcastle and discover why it’s not just a place to live, but a wonderful place to thrive.

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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