11329 Newcastle WAY Newcastle, WA 98056

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 (3 lot potential), multi-unit development, 6 Cottage Homes, 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, Laminate 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. Pre-application meeting with Newcastle is available now.