Newcastle Development Site, a rare 27,635 square foot development opportunity located just outside of Bellevue, Washington. While the zoning is flexible and would allow the future purchaser the opportunity to permit the parcel to their specific needs, the current owner has put together a detailed site plan and feasibility study. The site plan consists of 27 townhouse units averaging 1,680 square feet each, over a parking garage comprised of 33 stalls and one 4,500 square-foot retail storefront. With the area’s strong housing demand, the market directly surrounding the site is one of the best in the nation, creating the perfect opportunity for a developer to invest in this townhome layout and provide options for those who want to own in the area. (Note: Property shares same address as Newcastle Library, property for sale is behind the library.)

Property type

Townhouse

Year built

Not listed

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Property photo for 13756 Se 85th Street, Newcastle

Open Tue, Jun 9

11:00 AM – 4:00 PM

$2.67M

6 bd · 2.5 ba · 4,101 sqft

13756 Se 85th Street, Newcastle, WA 98059

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-$2,150,000 under list price

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12901 Newcastle Way, Newcastle, WA 98056

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List price

$2,150,000

Down payment

$430,000

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$12,293 per month

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Property photo for 8057 118th Avenue Se, Newcastle

$1,495,000

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8057 118th Avenue Se, Newcastle, WA 98056

Vera Brodsky · Coldwell Banker Bain

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Based on information submitted to the MLS GRID as of June 5, 2026 at 11:55am (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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