This exceptional 1.74-acre property, zoned R-4, offers the potential to develop six to seven residential lots (buyer to verify) in a highly desirable and rapidly growing area. Level topography provides flexibility and efficiency for site planning, while nearby new developments allow convenient access to utilities. Partial western views, including sightlines toward Lake Washington.. The location provides quick access to I-405 for seamless commuting to major employment centers, and is surrounded by local parks, restaurants, and shopping, creating an attractive lifestyle setting for future residents. This is a rare opportunity for builders and developers seeking value, convenience, and strong market demand in a premium neighborhood.
Pending feasibility
Listed by: John L. Scott, Inc • Win Van Pelt
$3,490,000
11428 SE 82nd Street, Newcastle, WA 98056
--beds
--baths
1.74Acres
Unimproved Land
Built in ----
1.74 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Partial western viewsLevel topography
- 249 days |
- 56 |
- 1 |
Zillow last checked:
Listing updated:
Offers reviewed: Mar 04
Listed by:
Win Van Pelt,
John L. Scott, Inc,
Jeffrey McCann,
Terry Wise & Associates
Source: NWMLS as distributed by MLS GRID,MLS#: 2452721
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Has view: Yes
- View description: Lake, Partial, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 1.74 Acres
- Features: Paved, Evergreens, Partially Cleared
- Topography: Level,Sloped
Details
- Parcel number: 3224059076
- Zoning: R-4
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: Available, In Street, Septic Design Installed
- Water: On Property, Jurisdiction: Coal Creek
- Utilities for property: Electricity Connected, Septic Design Installed
Community & HOA
Community
- Subdivision: Newcastle
Location
- Region: Renton
Financial & listing details
- Tax assessed value: $1,833,000
- Annual tax amount: $16,284
- Offers reviewed: 03/04/2026
- Date on market: 5/25/2026
- Cumulative days on market: 50 days
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$6,700/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2026 | Pending sale | $3,490,000 |
Source:  NWMLS as distributed by MLS GRID #2452721 Report a problem | ||
| 2/25/2026 | Price change | $3,490,000-16.9% |
Source: NWMLS as distributed by MLS GRID #2452721 Report a problem | ||
| 11/19/2025 | Pending sale | $4,200,000 |
Source: NWMLS as distributed by MLS GRID #2452721 Report a problem | ||
| 11/6/2025 | Listed for sale | $4,200,000 |
Source: NWMLS as distributed by MLS GRID #2452721 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,321 +12.5% | $1,833,000 +6.8% |
| 2024 | $16,284 +12.1% | $1,717,000 +18.7% |
| 2023 | $14,524 -7% | $1,446,000 -16.8% |
| 2022 | $15,617 +16.6% | $1,739,000 +36.5% |
| 2021 | $13,392 +23.3% | $1,274,000 +29.5% |
| 2020 | $10,860 +2.7% | $984,000 +2.5% |
| 2019 | $10,576 -0.2% | $960,000 -4.6% |
| 2018 | $10,599 -2.8% | $1,006,000 +13.9% |
| 2017 | $10,909 +44.9% | $883,000 +16.8% |
| 2016 | $7,528 | $756,000 +5.7% |
| 2015 | $7,528 | $715,000 +15.1% |
| 2014 | $7,528 | $621,000 +15.6% |
| 2013 | $7,528 | $537,000 +8.3% |
| 2012 | -- | $496,000 -2.4% |
| 2011 | -- | $508,000 -2.5% |
| 2010 | -- | $521,000 |
| 2009 | -- | $521,000 +1.8% |
| 2007 | -- | $512,000 +8.5% |
| 2006 | -- | $472,000 +6.5% |
| 2005 | -- | $443,000 +22% |
| 2001 | $4,311 +3.1% | $363,000 +10% |
| 2000 | $4,182 | $330,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98056
Nearby schools
GreatSchools rating
- 7/10Hazelwood Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Vera Risdon Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Hazen Senior High SchoolGrades: 9-12Distance: 2.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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