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Listed by Jill Dianne Bullion • Tri Pointe Homes Real Estate.
FOR SALE

$2,298,900

Est. $12,734/mo

Price reduced $136,000 from the original $2,434,900 asking price

5 bd•3.5 ba•3,319 sq ft

8501 137th Avenue SE #3, Newcastle, WA 98059

• Listed Oct 30, 2025•7 days active · 7 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Tri Pointe Homes Real Estate; Jill Dianne Bullion; 425-295-5904; jill.bullion@tripointehomes.com

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Listing Broker: Tri Pointe Homes Real Estate; Jill Dianne Bullion; 425-295-5904; jill.bullion@tripointehomes.com

About this home

Ask about affiliated lender financing with rates at low as 3.75%. This stunning home combines sophisticated design w/ exceptional practicality. When you first step through the door, you'll experience the wow factor of a 2 story open entry filled with light and beautiful, metal, open railing. Enjoy a thoughtfully designed entry foyer that provides a welcoming landing space while creating a natural separation that keeps the living room private from the front door With 5 expansive bedrooms, featuring one on the main level, plus a flexible office space, there’s plenty of room to accommodate every need. The gourmet kitchen is a chef’s paradise, featuring a sub-zero refrigerator, ample counter space for meal preparation, a waterfall island, and a gas range. Additionally when entering from the 2 car garage with two EV chargers, you'll find a mud-room and huge walk-in pantry. Step outside to a covered outdoor living area, perfect for relaxation with a charming fireplace. Unwind in the spacious primary suite, with natural light from three different directions completed with an oversized walk-in closet featuring built-in orgainzers, and a spa-like en-suite bath. (Did we mention 4 showerheads?!!) Visit our award-winning Design Studio & personalize your home to reflect your style. This home’s luxury will be something your proud to show off. Enjoy a true sense of community at Alterra. This community has 2 trail heads and 2 parks. Broker reg policy #4675 Call to schedule your tour!

Property type
Single Family
Year built
2026
Interior
3,319 sq ft
Lot size
0.1377 acres
Parking
2-car garage
Price / sq ft
$693
Heating90%+ High Efficiency, Forced Air, Heat Pump, Recirculation Pump
CoolingDuctless, Heat Pump
HOA dues$150/mo
School districtIssaquah

Listed by Jill Dianne Bullion • Tri Pointe Homes Real Estate

Listing updated: October 13, 2026 at 12:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2450790

Around this home

RexMont OfferEdge™

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8501 137th Avenue SE #3, Newcastle, WA 98059

List price
$2,298,900
Down payment
$459,780

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Second Primary Bedroom
  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • High Tech Cabling
  • Loft
  • Pantry
  • SMART Wired
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • 2 fireplaces (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Double Oven
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 5 bedrooms total
  • 1 on the main level
  • 4 upstairs

Bathrooms

  • 2 full bathrooms
  • 2 three-quarter bathrooms (shower, no tub)
  • 3.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 3,319 sq ft finished

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Forced Air heating
  • Heat Pump heating
  • Recirculation Pump heating
  • Ductless cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

Issaquah School District

  • Newcastle
    Public · Grades Elementary
    —
  • Cougar Mountain Middle
    Public · Grades Middle
    —
  • Liberty Snr High
    Public · Grades High
    —

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot number
3
Zoning jurisdiction
City
Faces
East
Bus route
240

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Electric
Water heater location
Garage
Power company
Puget Sound Energy
Water company
Coal Creek Utility
Sewer company
Coal Creek Utility
Gas company
PSE
Garbage service
WM
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Rooms & extras

Bathtubs
2
Showers
4
Fireplaces on main
2

New construction

New construction state
Completed
Estimated completion
Sep 24, 2026
Builder
Tri Pointe Homes
Square footage source
Builder's Plans
Lot size source
Site Plan

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 8501 137th Avenue SE #3

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 13, 2026
    Price reduced
    NWMLS via MLS Grid · #2450790
    $2,298,900
    $693/sq ft
  2. Oct 30, 2025
    Listed
    NWMLS via MLS Grid · #2450790
    $2,434,900
    $734/sq ft
  3. Oct 3, 2025
    Recorded sale
    King County recorder · Statutory warranty deed
    $16,642,330
    $5,014/sq ft

Mortgage payment forecast

$15,183 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Tri Pointe Homes Real Estate; Jill Dianne Bullion; 425-295-5904; jill.bullion@tripointehomes.com

Market pulse

Newcastle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 1% below list price.

  • Time on market: The average home goes pending in around 62 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $2,507,919 Sold

    5 days ago

    5 bd•3.5 ba•~3,707 sq ft•Single Family

    8517 137th Avenue SE, Newcastle, WA 98059

    2%

    Under list

    216

    Days on market

    0.1 mi

    Distance

  • $1,632,500 Sold

    4 weeks ago

    5 bd•2.75 ba•~2,960 sq ft•Single Family

    13712 SE 89th Street, Newcastle, WA 98059

    4%

    Under list

    72

    Days on market

    0.2 mi

    Distance

  • $655,000 Sold

    7 weeks ago

    3 bd•1.75 ba•~1,170 sq ft•Single Family

    2507 Vashon Court NE, Renton, WA 98059

    1%

    Over list

    71

    Days on market

    0.9 mi

    Distance

  • $1,930,000 Sold

    7 weeks ago

    3 bd•2.5 ba•~3,240 sq ft•Single Family

    14420 SE 84th Street, Newcastle, WA 98059

    3%

    Under list

    61

    Days on market

    0.6 mi

    Distance

  • $2,476,071 Sold

    8 weeks ago

    5 bd•4 ba•~3,244 sq ft•Single Family

    13715 SE 85th Street #49, Newcastle, WA 98059

    0%

    Over list

    252

    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?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 20, 2026 at 6:50 AM PT (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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