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Residential Land with Development Potential
For Sale
$3,490,000
Pending

11428 SE 82nd Street, Newcastle, WA 98056

1.74-acre residential land parcel with development potential in Newcastle.

Property SizeContact for details
Lot Size1.74 Acres
Days on Market276

Property Features for 11428 SE 82nd Street

General Information

Standard status Pending
Lot size 1.74 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $16,284

Amenities

Garage
Paved
Listing Agency: JOHN L. SCOTT, INC
Listed By: WIN VAN PELT
Source: Corcoran
Added: Nov 6, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT, INC

Investment Insights

Based on property information with market context.

This 1.74-acre property is zoned R-4 and offers the potential to develop six to seven residential lots, although verification is required by the buyer. The property features level topography, which provides flexibility and efficiency for site planning. Nearby new developments allow convenient access to utilities. The location provides quick access to I-405 for commuting to major employment centers and is surrounded by local parks, restaurants, and shopping. Partial western views, including sightlines toward Lake Washington, are visible from the property. This property is located in a desirable and rapidly growing area.

Key Highlights

  • Development potential: Zoned R‑4, allowing for the development of six to seven residential lots (buyer to verify).
  • Prime location: Situated in a highly desirable and rapidly growing area.
  • Convenient access: Quick access to I‑405 for easy commuting.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Law Firm Restaurant Auto Repair Shop Real Estate Agency Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 98056, WA

36,344
Population
15,609
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
4,782
Density / Sq Mi
$108,596
Median Household Income
$59,170
Median Earnings
$1,992
Median Rent
$726,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.74-acre residential land parcel with development potential in Newcastle.
Where is this residential land & home lot located?
The property is located at 11428 SE 82nd Street Newcastle, WA.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Development potential: Zoned R‑4, allowing for the development of six to seven residential lots (buyer to verify).; Prime location: Situated in a highly desirable and rapidly growing area.; Convenient access: Quick access to I‑405 for easy commuting.
More about this property
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