$975,000
Est. $5,038/mo5 bd•1.75 ba•1,810 sq ft
7032 122nd Avenue Se, Newcastle, WA 98056
• Listed 2026-09-08•New today
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Exceptional Investment Opportunity! This 5 bed, 2 bath home in Newcastle sits on nearly half an acre and is currently being operated as a successful adult family home. Current license expires September 16th, 2026. This home offers a comfortable layout and plenty of room to spread out. The inviting living room features a cozy fireplace and flows into the dining area and kitchen, creating an easy space for everyday living and entertaining. A large slider off the dining area opens to the covered porch, extending the living space outdoors. The generous family room features a second fireplace, providing an additional gathering space. The laundry room offers added convenience with a utility sink and ample storage. Outside, enjoy a large fully fenced yard with a deck, perfect for relaxing, entertaining, or enjoying the surrounding outdoor space. An attached garage and driveway provide convenient parking and storage. Ideally located just minutes from golfing, the VMAC, parks, shopping, dining, and more, this home offers a great combination of space, comfort, and convenience in a desirable Newcastle location.
Listed by Brian Richards • Redfin
Listing updated: September 9, 2026 at 01:05pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576878
7032 122nd Avenue Se, Newcastle, WA 98056
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.
Neighborhood mobility
Renton School District
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.
7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.
$6,025 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 for about 1% below list price.
Time on market: The average home goes pending in around 11 days.
$1,499,995 Sold
4 weeks ago
6 bd•2.75 ba•~2,596 sq ft•Single Family
11457 Se 83rd Place #22, Newcastle, WA 98056
0%
Over list
—
Days on market
1.0 mi
Distance
$1,175,000 Sold
5 weeks ago
5 bd•2.5 ba•~2,710 sq ft•Single Family
12563 Se 71st Street, Newcastle, WA 98056
2%
Under list
—
Days on market
0.3 mi
Distance
$1,850,000 Sold
6 weeks ago
5 bd•4.5 ba•~4,770 sq ft•Single Family
7248 115th Place Se, Newcastle, WA 98056
7%
Under list
—
Days on market
0.5 mi
Distance
$1,440,000 Sold
7 weeks ago
5 bd•2.5 ba•~2,436 sq ft•Single Family
11424 Se 83rd Place #14, Newcastle, WA 98056
1%
Under list
—
Days on market
0.9 mi
Distance
$1,750,000 Sold
3 months ago
•Single Family
78 XX 111th Place SE, Newcastle, WA 98056
3%
Under list
—
Days on market
0.8 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 from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 9, 2026 at 01:05pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Sat, Sep 12 +1
Open Sun, Sep 13$1,055,000
+$80,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.14M and $1.36M.
Rental earnings
$3,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,199,880Last sold price
7015 123rd Avenue Se, Newcastle, WA 98056
$1,139,000Last sold price
12103 Se 70th Street, Newcastle, WA 98056
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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