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8501 137th Avenue SENewcastle, WA 98059

For Sale

$2,434,900

Smart Buyer Rebate $24,349

This stunning home combines sophisticated design w/ exceptional practicality. When you first step through the door, you will experience the wow factor of a two story open entry filled with light and a display of beautiful, metal, open railing. Enjoy a thoughtfully designed entry foyer that provides a welcoming landing space while creating a natural separation that keeps the living room private from the front door With 5 expansive bedrooms, featuring one on the main level, plus a flexible office space, there’s plenty of room to accommodate every need. The gourmet kitchen is a chef’s paradise, featuring a sub-zero refrigerator, ample counter space for meal preparation, a waterfall island, and a gas range. Additionally when entering from the 2 car garage with two EV chargers, you'll find a mud-room and huge walk-in pantry. Step outside to a covered outdoor living area, perfect for relaxation with a charming fireplace. Unwind in the spacious primary suite, with natural light from three different directions completed with an oversized walk-in closet featuring built-in orgainzers, and a spa-like en-suite bath. (Did we mention 4 showerheads?!!) Visit our award-winning Design Studio & personalize your home to reflect your style. This home’s luxury will be something your proud to show off. Enjoy a true sense of community at Alterra. This is a 62, new construction home community with two trail heads and two parks. Broker reg policy #4675 Call to schedule your tour!

Listed by Autumn Moses

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Tri Pointe Homes Real Estate

Last updated March 15, 2026

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Source: NWMLS #2450790

Listing Facts

  • TypeSingle-family
  • NeighborhoodSeattle East
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu136
  • HOA/Maint. Fees$150/month
  • Size3,319 sqft
  • Price per sqft$734

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/30/2025
Listed by Tri Pointe Homes Real Estate
$2,434,900

Property Details for 8501 137th Avenue SE

Association

Amenities

  • Community Features: CCRs, Park, Playground, Trail(s)

Fees

  • Association Fee: $150.00 Monthly
  • Association Fee Includes: Common Area Maintenance

Exterior

Construction

  • New Construction: Yes
  • Property Condition: Under Construction
  • Roof: Composition
  • Structure Type: House
  • Year Built: 2026
  • Builder Name: Tri Pointe Homes
  • Building Name: Alterra
  • Construction Materials: Brick, Cement Planked
  • Entry Location: Main
  • Exterior Features: Brick, Cement Planked

Features

  • Direction Faces: East
  • View: Territorial

Measurements

  • Building Area Total: 3,319
  • Building Area Units: Square Feet
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • Lot Size Acres: 0.13
  • Lot Size Square Feet: 6,000
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 0195400030
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s)
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Loft, Pantry, SMART Wired, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater

Measurements

  • Living Area: 3,319

Rooms

  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Other

Location

  • Subdivision Name: Newcastle

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage: Yes
  • Parking Features: Attached Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Newcastle

High School

  • High School: Liberty Snr High
  • High School District: Issaquah

Middle or Junior School

  • Middle Or Junior School: Cougar Mountain Middle

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 4 bathrooms in this single-family home at 8501 137th Avenue SE.

What schools are nearby to 8501 137th Avenue SE?

Nearby schools include the Newcastle Elementary School, Cougar Mountain Middle, and Liberty Snr High.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 8501 137th Avenue SE.

How does 8501 137th Avenue SE compare to other single-family homes in Seattle East?

This single-family home is listed 11% below the average price for single-family homes in Seattle East and has been on the market for 83 more days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the Alterra building.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,319 sqft.

8501 137th Avenue SE is a 5-bedroom, 4-bath single-family home for sale in Newcastle WA 98059. Available on Prevu for 136 days at $2,434,900. This property features 3,319 square feet of living space, located in Seattle East. The median listing price for single-family homes in this area is $1,395,000. Nearby schools include Newcastle Elementary School, Cougar Mountain Middle, and Liberty Snr High. Additional amenities include dishwasher, pets allowed, and parking. View other single-family home listings in King County.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.