Newcastle Homes with 42 - Multi-Family Style

Welcome to Newcastle, Washington – a hidden gem nestled in King County, just a stone's throw from the bustling city of Seattle. Known for its stunning views of Lake Washington and the majestic Cascade Mountains, Newcastle offers a perfect blend of suburban tranquility and urban convenience. This vibrant community is characterized by its lush parks, excellent schools, and a welcoming atmosphere that makes it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Newcastle is its diverse housing options, particularly in the multi-family style. With a variety of homes designed to accommodate multiple families, the area offers a unique opportunity for investors and residents seeking a close-knit community experience. These multi-family homes not only provide ample living space but also foster a sense of community among neighbors, making it easy to forge lasting friendships.

The Newcastle neighborhood is also rich in amenities, including beautiful parks, top-tier golf courses, and a plethora of shopping and dining options. Residents enjoy easy access to the Newcastle Commons, where you can find everything from local boutiques to delicious eateries. Plus, with convenient access to major highways, commuting to Seattle or Bellevue is a breeze.

Whether you're looking to invest in a multi-family property or searching for a new place to call home, Newcastle's charm and community spirit make it a wonderful choice. Explore the possibilities of multi-family living in this picturesque neighborhood, and discover why so many are proud to call Newcastle home.

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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