8036 & 8038 116th Ave SE
Prime Newcastle Development Opportunity - Two Parcels Sold Together Rare chance to acquire two adjacent parcels totaling 27,480 SF (0.63 acres) in the heart of Newcastle-ideal for builders, investors, or owner-users. Both properties generate strong rental income, offering a perfect hold-and-develop opportunity or future custom home site in one of the Eastside's most desirable locations. Per city guidance, zoning may allow up to 4 single-family lots, with additional potential for duplexes, ADUs, cottage housing, or a unit-lot subdivision. Condo ownership structure may also be possible depending on design (buyer to verify). 8038 116th Ave SE - Updated hilltop 4-bed, 2-bath home (~1,350+ SF) with remodeled baths, new paint, andRead More
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