Newcastle Homes with 42 - Multi-Family Style

Welcome to Newcastle, Washington – a hidden gem nestled in the heart of King County. This picturesque city boasts a unique blend of suburban tranquility and vibrant urban amenities, making it an ideal place for families and professionals alike. With its stunning natural surroundings, including lush parks and scenic views of Lake Washington, Newcastle offers a serene escape just a stone's throw away from the bustling city of Seattle.

Newcastle is renowned for its excellent schools, friendly neighborhoods, and a strong sense of community. Residents enjoy a plethora of recreational activities, from hiking the trails at Cougar Mountain Regional Wildland Park to playing a round of golf at one of the local courses. The city also features a charming downtown area with a variety of shops, restaurants, and cafes, ensuring that you have everything you need right at your fingertips.

For those considering a multi-family living option, Newcastle presents an exciting opportunity. Homes in the area with a multi-family style are designed to accommodate various lifestyles, whether you're looking to invest or simply enjoy the benefits of shared living. These properties often feature spacious layouts, modern amenities, and the potential for rental income, making them an attractive choice for both investors and families seeking additional space.

With its welcoming atmosphere, rich community spirit, and convenient access to urban conveniences, Newcastle is not just a place to live—it's a place to thrive. Explore the multi-family homes available in this vibrant city and discover your new sanctuary in the heart of King County!

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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