$1,234,950
Est. $6,264/mo3 bd•2,760 sq ft
11329 Newcastle Way, Newcastle, WA 98056
• Listed 2026-04-22•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 3:33 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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Exceptional Newcastle development opportunity on a rare 22,500 sq ft (approx.) lot. Ideal for homeowners, investors, or builders seeking expansion potential. Property offers outstanding possibilities for short-platting, multi-unit development, ADUs and DADUs, or creating a multi-generational compound. Existing 2-story home sits toward the back of the lot, providing natural separation for future structures and maximizing land-use flexibility. Home features nearly 2,760 sq ft with a chef’s kitchen equipped with Dacor cooktop and stainless appliances, warm cedar accents, Laminate flooring, fireplace, and an oversized 2+ car garage with RV-height door. Large deck overlooks the expansive grounds. Level topography, utilities on site, and a highly walkable location near shopping, cafes, library, trails, and transit make this an exceptional canvas for redevelopment or long-term investment. Opportunities like this are increasingly rare in Newcastle—bring your vision and unlock the full potential of this premier property.
Listed by Paul F. Mackay Jr • John L. Scott, Inc
Listing updated: May 29, 2026 at 02:41pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2511507
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $998K and $1.8M.Sourced from public records — exterior photo via Google Street View.
$1,234,950Last sold price
11329 Newcastle Way, Newcastle, WA 98056
$1,798,888Last sold price
6036 129th Ave SE, Bellevue, WA 98006
$1,185,000Last sold price
11831 Se 87th St, Newcastle, WA 98056
$7,499 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.
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Ask a RexMont agentMarket data via RentCast · Updated May 2026
2.1/10
Car required
Almost all errands need a car
4.8/10
Some bikeability
Minimal bike infrastructure
2.7/10
Some Transit
A few nearby transit options
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.