Newcastle Homes with 42 - Multi-Family Style

Welcome to Newcastle, Washington, a hidden gem nestled in the heart of King County! Known for its picturesque landscapes and vibrant community, Newcastle offers the perfect blend of suburban tranquility and urban convenience. Just a stone's throw away from the bustling city of Seattle, residents enjoy the best of both worlds—easy access to city amenities while being surrounded by nature's beauty.

Newcastle is renowned for its exceptional schools, making it a desirable location for families. With sprawling parks, walking trails, and a strong sense of community, it’s an ideal place to raise children or simply enjoy a peaceful lifestyle. The city is also home to a variety of local shops, restaurants, and recreational facilities, ensuring that there's always something to do.

If you're in the market for multi-family homes, Newcastle presents a fantastic opportunity. With a diverse selection of properties ranging from duplexes to larger multi-family units, these homes are perfect for investors looking to capitalize on the thriving rental market or for families seeking a spacious living arrangement. The multi-family style homes in Newcastle are designed with modern amenities and thoughtful layouts, catering to the needs of today’s residents.

Imagine living in a community where you can enjoy the serenity of suburban life while being just minutes away from the vibrant energy of Seattle. Whether you're looking to invest or find a new place to call home, Newcastle's multi-family homes offer a unique chance to be part of this charming city. Explore the possibilities and discover why Newcastle is the perfect place to settle down!

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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