All homes

$4,400,000

8213 118th Avenue

Newcastle, WA 98056

Active
Territorial view

Beds

Baths

Sq Ft

Lot

1.70 ac

Year built

Type

Land

Days listed

158

MLS #

2508807

About this home

Rare opportunity to bring an exceptional 8-lot subdivision to life in the highly sought-after and rapidly growing Newcastle community. Preliminary plat approval is already in place with reasonable conditions, offering a significant head start for development. Perched on a quiet dead-end street, this remarkable property captures expansive Western territorial views and a serene, private setting. The gently sloping East-to-West topography is ideal for maximizing views while maintaining privacy across all lots. Dual frontage on 117th Ave SE and 118th Ave SE provides valuable flexibility for access, layout, and utilities. Recent nearby construction along 118th has helped extend sewer to the property, with additional connection potential from 117th. Conveniently located just minutes from I-405, with easy access to major employment centers, shopping, dining, parks, and the airport, this is a truly outstanding development opportunity in one of the Eastside’s most desirable locations.

Schools

Elementary

Hazelwood Elem

Middle

Mcknight Mid

High

Hazen Snr High

Property details

View
Territorial
Lot
Dead End Street, Open Space, Secluded
Water source
Available, In Street
Sewer
Available
Utilities
Electricity Connected, Natural Gas Available

Costs

Annual taxes
$11,044 (2025)

Estimate your monthly payment

$23,169/mo

Principal & interest
$22,249
Property taxes
$920
Loan amount $3,520,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Newcastle, WA 98056

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Bellevue Commons— Nicole M. Barclay.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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