Exceptional Newcastle development opportunity on a rare 22,500 sq ft (approx.) lot. Ideal for builders, investors, or homeowners seeking expansion potential. Property offers outstanding possibilities for short-platting, multi-unit development, ADUs and DADUs, or creating a multi-generational compound. Existing 2-story home sits toward the back of the lot, providing natural separation for future structures and maximizing land-use flexibility. Home features nearly 2,760 sq ft with a chef’s kitchen equipped with stainless refer, Dacor, and Wolf appliances, warm cedar accents, Pergo flooring, fireplace, and an oversized 2+ car garage with RV-height door. Large deck overlooks the expansive grounds. Level topography, utilities on site, and a highly walkable location near shopping, cafes, library, trails, and transit make this an exceptional canvas for redevelopment or long-term investment. Opportunities like this are increasingly rare in Newcastle—bring your vision and unlock the full potential of this premier property. Seller is Washington State Real Estate Broker.
Active
Listed by: John L. Scott, Inc
$1,299,950
11329 Newcastle Way, Newcastle, WA 98056
3beds
2,760sqft
Est.:
Single Family Residence
Built in 1921
0.52 Acres Lot
$-- Zestimate®
$471/sqft
$-- HOA
What's special
Pergo flooringWarm cedar accentsLevel topographyWolf appliancesStainless refer
- 2 days |
- 371 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2026 at 08:09am
Listed by:
Paul F. Mackay Jr,
John L. Scott, Inc,
Steven A. Beck,
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2505563
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bonus room
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Lower
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Double Oven, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Refrigerator(s)
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
Property
Parking
- Total spaces: 7
- Parking features: Attached Carport, Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Has carport: Yes
- Covered spaces: 3
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Lower
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s)
Lot
- Size: 0.52 Acres
- Dimensions: 150' by 150'
- Features: Paved, Sidewalk, Value In Land, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, RV Parking
- Topography: Level,Terraces
Details
- Parcel number: 3343300360
- Zoning: R-6
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1921
- Major remodel year: 1980
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Coal Creek
- Water: Public, Company: Coal Creek
Community & HOA
Community
- Subdivision: Newcastle
Location
- Region: Renton
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $1,028,000
- Annual tax amount: $9,916
- Date on market: 4/9/2026
- Cumulative days on market: 4 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Refrigerator(s), Stove(s)/Range(s)
- Total actual rent: 3600
Estimated market value
Not available
Estimated sales range
Not available
$4,416/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listed for sale | $1,299,950-13.3%$471/sqft |
Source:  NWMLS as distributed by MLS GRID #2505563 Report a problem | ||
| 7/17/2023 | Listing removed | -- |
Source: FSBO-Online.com Report a problem | ||
| 7/15/2023 | Listed for sale | $1,500,000+314.4%$543/sqft |
Source: FSBO-Online.com Report a problem | ||
| 6/4/2020 | Listing removed | $2,790$1/sqft |
Source: Realogics #1518934 Report a problem | ||
| 6/2/2020 | Listed for rent | $2,790$1/sqft |
Source: Realogics #1518934 Report a problem | ||
| 10/20/2019 | Listing removed | $2,790$1/sqft |
Source: Realogics Sotheby's International Realty #1518934 Report a problem | ||
| 10/9/2019 | Price change | $2,790+5.3%$1/sqft |
Source: Realogics Sotheby's International Realty #1518934 Report a problem | ||
| 10/1/2019 | Price change | $2,650-11.7%$1/sqft |
Source: Realogics Sotheby's International Realty #1518934 Report a problem | ||
| 9/18/2019 | Listed for rent | $3,000$1/sqft |
Source: Realogics Sotheby's International Realty #1518934 Report a problem | ||
| 4/15/2004 | Sold | $362,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,917 +11.9% | $1,028,000 +18.7% |
| 2023 | $8,861 -12.1% | $866,000 -21.8% |
| 2022 | $10,084 +16.6% | $1,107,000 +36.5% |
| 2021 | $8,651 +16.1% | $811,000 +21.8% |
| 2020 | $7,450 +2.6% | $666,000 +2.5% |
| 2019 | $7,258 +0% | $650,000 -4.6% |
| 2018 | $7,257 -2.7% | $681,000 +13.9% |
| 2017 | $7,457 +45.6% | $598,000 +16.8% |
| 2016 | $5,123 | $512,000 +5.8% |
| 2015 | $5,123 | $484,000 +15.8% |
| 2014 | $5,123 | $418,000 +15.5% |
| 2013 | $5,123 | $362,000 +0.8% |
| 2012 | -- | $359,000 |
| 2011 | -- | $359,000 -2.7% |
| 2010 | -- | $369,000 |
| 2009 | -- | $369,000 -8% |
| 2007 | -- | $401,000 +8.4% |
| 2006 | -- | $370,000 +6.3% |
| 2005 | -- | $348,000 +34.9% |
| 2001 | $3,095 +2.9% | $258,000 +9.8% |
| 2000 | $3,009 | $235,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$7,222/mo
Principal & interest
$6334
Property taxes
$888
More affordability tools
Climate risks
Neighborhood: 98056
Nearby schools
GreatSchools rating
- 10/10Hazelwood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Vera Risdon Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Hazen Senior High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Hazelwood Elem
- Middle: Risdon Middle School
- High: Hazen Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 98056
- Washington
- King County
- Newcastle
- 98056
- 11329 Newcastle Way
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