Welcome to Whatcom | John L. Scott Bellingham
Property photo 1

$2,150,000

Active

Listing provided by Martin J. Ho, Berkshire Hathaway HS NW

45

DOM

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About this property.

Exceptional Newcastle development opportunity offering 27,635 square feet of prime land just minutes from Bellevue, Coal Creek, and the Eastside. Development sites of this scale and location are increasingly difficult to find, this property offers a unique chance to create much-needed housing in one of the Puget Sound region's strongest real estate markets. The current owner has completed extensive preliminary planning, including a detailed site plan and feasibility study featuring 27 townhome residences averaging approximately 1,680 square feet each, situated above a structured parking garage with 33 parking stalls and complemented by a 4,500-square-foot retail/commercial space. The proposed mixed-use concept creates the potential for a vibrant live-work environment while maximizing the site's development potential. Flexible zoning provides the opportunity to pursue a flexible vision and permitting strategy, whether advancing the existing concept or exploring alternative development scenarios. Surrounded by strong demographics, excellent schools, major employers, shopping, dining, parks, and convenient access to Bellevue, Seattle, and regional transportation corridors, the location offers compelling fundamentals for long-term success. Property shares the same address as the Newcastle Library. The parcel being offered for sale is located behind the library.

Property details.

Property TypeLand
Sub TypeLand
Lot Acres0.63
List Price$2,150,000
MLS StatusActive

Agent information.

List AgentMartin J. Ho
List OfficeBerkshire Hathaway HS NW
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Martin J. Ho, Berkshire Hathaway HS NW

Courtesy of Berkshire Hathaway HS NW

Source: NWMLS, MLS#: 2535325NWMLS

NWMLS

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