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← Back to search results/Newcastle, WA/7432 121st Avenue SE
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Listed by Lisa Lam • COMPASS.
FOR SALE

$1,690,000

Est. $9,214/mo

4 bd•2.5 ba•2,640 sq ft

7432 121st Avenue SE, Newcastle, WA 98056

• Listed Oct 22, 2026•8 days active · 8 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: COMPASS; Lisa Lam; 206-669-0880; Lisa@oneheartwood.com

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Listing Broker: COMPASS; Lisa Lam; 206-669-0880; Lisa@oneheartwood.com

About this home

Timeless elegance meets exceptional privacy in Newcastle’s Lake Washington Ridge neighborhood. Set on over half an acre beside the HOA’s green space, this meticulously maintained home enjoys a low-traffic cul-de-sac shared by just six homes. Thoughtfully landscaped grounds lead to a welcoming entry, where vaulted ceilings and a gas fireplace set an inviting tone in the formal living room. Built-in dining room cabinets offer a polished transition to the spacious island kitchen, appointed with custom cabinetry, elegant granite counters, and a six-burner Wolf gas range. An eating bar, breakfast nook, and adjoining casual space bring ease to everyday gatherings. Behind double glass doors, the main-level office offers a refined setting to focus and work from home. Upstairs, the primary suite is a restful retreat with a beautifully updated, hotel-inspired bathroom. Three additional bedrooms and a hall bath with a double-sink vanity complete the upper level. An expansive backyard patio invites al fresco dining and relaxed entertaining against the backdrop of a lovingly manicured yard. Enjoy the outdoors at home or explore Newcastle’s trails and parks. An attached three-car garage and generous driveway parking complete this thoughtfully appointed home.

Property type
Single Family
Year built
1992
Interior
2,640 sq ft
Lot size
0.6221 acres
Parking
3-car garage
Price / sq ft
$640
HeatingForced Air
CoolingCentral Air, Forced Air
Property taxes$14,338/yr (est.)
HOA dues$350 / year ($29/mo)
School districtRenton

Listed by Lisa Lam • COMPASS

Listing updated: October 22, 2026 at 09:16am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2592651

Around this home

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7432 121st Avenue SE, Newcastle, WA 98056

List price
$1,690,000
Down payment
$338,000

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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

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • French Doors
  • Skylight(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • 2 fireplaces (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 4 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 2.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 2,640 sq ft finished
  • 770 sq ft garage

Flooring

  • Ceramic Tile
  • Hardwood
  • Vinyl
  • Carpet

Heating & cooling

  • Forced Air heating
  • Central Air cooling
  • Forced Air cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope,Terraces
Lot number
51
Zoning code
Newcastle-R6
Zoning jurisdiction
City
Faces
West

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Gas
Water heater location
Garage
Power company
PSE
Water company
Coal Creek Utility District
Sewer company
Coal Creek Utility District
Gas company
PSE
Garbage service
Waste Management NW
Irrigation water rights
No
Internet connected
Comcast
Cable connected
Comcast

Rooms & extras

Bathtubs
1
Showers
1
Fireplaces on main
2
Excluded items
No

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

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 7432 121st Avenue SE

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 22, 2026
    Back on market
    NWMLS via MLS Grid · #2592651
    $1,690,000
    $640/sq ft
  2. Oct 9, 2026
    Listed
    NWMLS via MLS Grid · #2592651
    $1,690,000
    $640/sq ft
  3. Sep 13, 2000
    Recorded sale
    King County recorder · Statutory warranty deed
    $412,500
    $156/sq ft
  4. Apr 12, 1993
    Recorded sale
    King County recorder · Warranty deed
    $299,950
    $114/sq ft

Mortgage payment forecast

$10,861 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: COMPASS; Lisa Lam; 206-669-0880; Lisa@oneheartwood.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 56 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,479,995 Sold

    6 days ago

    6 bd•2.75 ba•~2,596 sq ft•Single Family

    11438 SE 83rd Place #13, Newcastle, WA 98056

    1%

    Under list

    149

    Days on market

    0.7 mi

    Distance

  • $1,600,000 Sold

    1 week ago

    5 bd•3 ba•~3,072 sq ft•Single Family

    11206 SE 77th Place, Newcastle, WA 98056

    6%

    Under list

    33

    Days on market

    0.6 mi

    Distance

  • $1,015,000 Sold

    3 weeks ago

    3 bd•2.5 ba•~2,350 sq ft•Single Family

    8424 127th Avenue SE, Newcastle, WA 98056

    14%

    Over list

    38

    Days on market

    0.7 mi

    Distance

  • $1,285,000 Sold

    3 weeks ago

    4 bd•2.5 ba•~2,660 sq ft•Single Family

    8211 128th Avenue SE, Newcastle, WA 98056

    5%

    Under list

    88

    Days on market

    0.6 mi

    Distance

  • $1,365,000 Sold

    3 weeks ago

    4 bd•2.5 ba•~2,470 sq ft•Single Family

    8313 126th Place SE, Newcastle, WA 98056

    1%

    Over list

    20

    Days on market

    0.6 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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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 30, 2026 at 4:08 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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