Property Details
12901 Newcastle Way
Newcastle, WA 98056
$2,150,000
Active
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About This Home
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 Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
King
Neighborhood
Newcastle
Listed
Jun 5, 2026
Parcel Number
2824059153
Tax & HOA
Annual Property Tax
$10,875 (2026)
Est. Monthly Tax
$906/mo
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.63 sqft
Sewer
In Street
Water Source
In Street
Utilities
Electricity Available, Natural Gas Available
Lot Features
Curbs, Paved, Sidewalk
Community & Access
Directions
Heading South take Exit 9 from I-405. Continue on Lake Washington Blvd SE. Take Newcastle Way to 129th Ave SE in Newcastle.
Location
City
Newcastle
County
King
Coordinates
47.53753, -122.16747
Schools
School District
Issaquah
Additional Information
Tax Year
2026
Annual Taxes
$10,875
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of June 5, 2026 6:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
