Newcastle Homes with 42 - Multi-Family Style

Newcastle Homes with 42 - Multi-Family Style

Welcome to Newcastle, Washington – a charming city nestled in the heart of King County, just a stone's throw from the bustling metropolis of Seattle. Known for its stunning natural landscapes, Newcastle offers a perfect blend of suburban tranquility and urban convenience. With its picturesque parks, scenic trails, and vibrant community spirit, this city is a hidden gem for families, professionals, and outdoor enthusiasts alike.

One of the standout features of Newcastle is its commitment to preserving green spaces. The city boasts an array of parks, including the expansive Lake Boren Park, where residents can enjoy picnics, walking trails, and playgrounds, all set against a backdrop of serene lake views. The city also prides itself on its excellent schools, making it an ideal location for families looking to settle down in a nurturing environment.

For those interested in multi-family homes, Newcastle offers a variety of options to suit diverse lifestyles. These multi-family residences provide not just a place to live, but a vibrant community atmosphere where neighbors become friends. With spacious layouts, modern amenities, and easy access to local shops and restaurants, these homes cater to a range of needs, from young professionals to growing families.

Whether you're looking to invest in a multi-family property or find a cozy home for yourself, Newcastle's real estate market is thriving. With its beautiful surroundings, strong sense of community, and proximity to the excitement of Seattle, Newcastle is more than just a place to live – it's a place to thrive. Come explore what this delightful city has to offer!

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 Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com

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