For Sale19d on market
12901 Newcastle Way
Renton, WA, 98056 • 98056 • King County
$2,250,000
0.63 acLot
Property DNA
Multi-Family Style
Multi-Family architecture
Newcastle
98056
Market activity
Demand and pricing signals for this listing
182 views
People checking out this listing
7 saves
Buyers have saved this home
19 days on market
Recently listed
About this home
Lot
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.)
Estimated monthly payment
Based on current rates
$14,010/month
Principal & Interest$11,010
Property Tax$2,250
Insurance$750
Down payment20% ($450,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,800,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleMulti-Family
Systems
Water / SewerIn Street / In Street
Parking & Outdoor
Lot0.63 Acres
Location & Tax
Neighborhood98056
ZoningDT
Annual tax$10,875
Parcel2824059153
Features & details
2 categories of property features
Exterior Features
Utilities
Electricity Available
Natural Gas Available
Gas
In Street
Listing insights
Market data and value estimates
StatusFor Sale
Days on market19
Tax rate0.82%
On marketMar 18, 2026
PostedMar 18, 2026
MLS statusActive
MLS updatedMar 19, 2026
Tour days6
Views182
Favorites7
How are the schools in Renton?
3 schools rated nearby
Location
Renton, WA, 98056
Price history
1 event
DateEventPrice$/sqftSource
Mar 18, 2026Listed For Sale$2,250,000—NWMLS as distributed by MLS GRID
Listed For Sale$2,250,000
Mar 18, 2026•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Renton, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
9805698059
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 06:13:26 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
No obligation · Same-day response