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.
Listing Provided Courtesy of Paul F. Mackay Jr, John L. Scott, Inc
General Information
NWM2505563
Single Family Residence
0
DOM
3
0.52 acres
2
2760
1921
King
Hazelwood Elem
Risdon Middle S
Hazen Snr High
Residential
Single Family Residence
Listing Provided Courtesy of Paul F. Mackay Jr, John L. Scott, Inc
Krishna Realty data last checked: Apr 10, 2026 13:32 | Listing last modified Apr 10, 2026 15:28,
Source:
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.
