$4,400,000
Est. $22,318/mo8213 118th Avenue Se, Newcastle, WA 98056
• Listed 2026-04-16•21 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 1:01 PM PDT (date and time MLS GRID Data was obtained). 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.
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Rare opportunity to bring an exceptional 8-lot subdivision to life in the highly sought-after and rapidly growing Newcastle community. Preliminary plat approval is already in place with reasonable conditions, offering a significant head start for development. Perched on a quiet dead-end street, this remarkable property captures expansive Western territorial views and a serene, private setting. The gently sloping East-to-West topography is ideal for maximizing views while maintaining privacy across all lots. Dual frontage on 117th Ave SE and 118th Ave SE provides valuable flexibility for access, layout, and utilities. Recent nearby construction along 118th has helped extend sewer to the property, with additional connection potential from 117th. Conveniently located just minutes from I-405, with easy access to major employment centers, shopping, dining, parks, and the airport, this is a truly outstanding development opportunity in one of the Eastside’s most desirable locations.
Listed by Nicole M. Barclay • Windermere Bellevue Commons
Listing updated: May 7, 2026 at 04:45pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2508807
2 recent nearby sales, priced between $343K and $355K.
$26,718 per month
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Newcastle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 34 days.
$1,389,995 Sold
1 week ago
5 bd•2.5 ba•~2,436 sq ft•Single Family
8304 115th Place Se #4, Newcastle, WA 98056
1%
Under list
—
Days on market
0.1 mi
Distance
$1,854,995 Sold
1 week ago
5 bd•3.5 ba•~4,273 sq ft•Single Family
8662 121st Place Se, Newcastle, WA 98056
0%
Over list
—
Days on market
0.4 mi
Distance
$3,850 Sold
8 weeks ago
4 bd•2.5 ba•Single Family
2528 Camas Avenue Ne, Renton, WA 98056
0%
Over list
—
Days on market
1.0 mi
Distance
$1,670,000 Sold
4 months ago
5 bd•2 ba•~2,770 sq ft•Single Family
8411 114th Avenue Se #37, Newcastle, WA 98056
2%
Under list
—
Days on market
0.2 mi
Distance
$1,424,995 Sold
4 months ago
5 bd•2.5 ba•~2,436 sq ft•Single Family
11510 Se 83rd Place #8, Newcastle, WA 98056
0%
Over list
—
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
1.3/10
Car required
Almost all errands need a car
3.4/10
Some bikeability
Minimal bike infrastructure
Provided by Walk Score
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.