$2,195,000
8036 & 8038 116th Avenue SE, Newcastle, WA 98056
7 Beds
3.75 Baths
3,030 Sq Ft
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8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056
8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056 8036 & 8038 116th Avenue SE, Newcastle, WA 98056

MLS #2495212 / Listing provided by NWMLS & Coldwell Banker Bain.

$2,195,000

8036 & 8038 116th Avenue SE
Newcastle, WA 98056

Active 21 hours ago
7
Beds
3.75
Baths
3,030
Sq Ft
$724
Per Sq Ft
1967
Year Built

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, and updated flooring. Rented at $3,250/month. 8036 116th Ave SE – Spacious 3-bed, 1.75-bath home (1,680 SF) with two living areas, remodeled kitchen and baths, plus large backyard. Rented at $3,450/month. Continue strong cash flow, explore development potential, or short plat and build your dream home. Prime location near parks, schools, and commuter routes. A rare opportunity combining land, income, and future upside in sought-after Newcastle.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Total Bedrooms: 7
  • Main Level Bedrooms: 7
  • Lower Level Bedrooms: 0
  • Upper Level Bedrooms: 0

Bathrooms

  • Total Bathrooms: 4
  • Half Bathrooms: 0
  • Three-quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Full Bathrooms in Garage: 0
  • Half Bathrooms in Garage: 0
  • Three-quarter Bathrooms in Garage: 0

Fireplaces

  • Total Fireplaces: 2
  • Main Level Fireplaces: 2

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage: Yes
  • Garage Attached: Yes
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Parking Total: 2

Structure

  • Roof: Composition
  • Exterior Features: Cement Planked, Wood
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot, Dead End Street, Open Space, Paved, Sidewalk, Value In Land
  • Acres: 0.6309
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Renton
  • High School: Hazen Snr High
  • Middle School: Risdon Middle School
  • Elementary School: Hazelwood Elem

Lot Details

  • Lot Features: Corner Lot, Dead End Street, Open Space, Paved, Sidewalk, Value In Land
  • Acres: 0.6309
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric, Natural Gas
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: Septic
  • Sewer: Septic Tank
  • Water Company: Coal Creek Utility District
  • Water Source: Public
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Cindi Squance

Cindi Squance
Broker | REALTOR®

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