Exceptional Newcastle development opportunity on a rare 22,500 sq ft (approx.) lot. Ideal for homeowners, investors, or builders 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 Dacor cooktop and stainless 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.
Active
Listed by: John L. Scott, Inc
Price cut: $65K (4/22)
$1,234,950
11329 Newcastle Way, Newcastle, WA 98056
3beds
2,760sqft
Est.:
Single Family Residence
Built in 1921
0.52 Acres Lot
$1,188,600 Zestimate®
$447/sqft
$-- HOA
What's special
- 3 days |
- 260 |
- 6 |
Likely to sell faster than
Zillow last checked:
Listing updated:
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#: 2511507
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, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(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: $447/sqft
- Tax assessed value: $1,028,000
- Annual tax amount: $9,916
- Date on market: 4/9/2026
- Cumulative days on market: 16 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 3600
Estimated market value
$1,188,600
$1.13M - $1.25M
$3,647/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $1,234,950-5%$447/sqft |
Source:  NWMLS as distributed by MLS GRID #2511507 Report a problem | ||
| 4/10/2026 | Listed for sale | $1,299,950-13.3%$471/sqft |
Source: John L Scott Real Estate #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
| 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
$6,738/mo
Principal & interest
$5894
Property taxes
$844
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- King County
- Newcastle
- 98056
- 11329 Newcastle Way
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