Skip to Main Content
Home image 1
Move-in Ready Nov 2026
A modern, open-concept kitchen with light wood cabinets, a white island, and large windows overlooking a scenic outdoor view.
A modern, well-equipped kitchen with stainless steel appliances, wooden cabinets, and a tiled backsplash, providing ample counter space and storage.

8501 137th Ave SeNewcastle, WA

$2,434,900

Homesite 0003 • Based on the Plan 4 floorplan

5

Beds

4

Baths

2

Bay Garage

2

Stories

3,319

Sq. Ft.

Final offering for this popular plan. Experience unparalleled luxury with Alterra's Plan 4, designed for discerning tastes. This elegant home offers five bedrooms, including a guest suite, three bathrooms plus a powder room, a gourmet kitchen, a main floor office, a spacious loft, and a covered outdoor living area. Personalize your living space with our premium finishes and flex options at our award-winning design studio, guided by our expert design consultants.

Highlights Include

  • Main Floor Office

  • Covered Outdoor Living with Fireplace

  • Flexible Loft Space

  • Large Walk-in Pantry

  • Main Floor Guest Bedroom

Alterra Community Map

See how your future home fits into the bigger picture. Our interactive map lets you see how each homesite lines up with trails, parks, gathering spaces, and other amenities.

Mortgage Calculator

Principal & Interest*$14,598

This calculator will help you get a sense of how much you'll pay each month.

Mortgage Amount

Interest Rate

%

Amortization Period

Payment Frequency

  • Principal

    $2,424
  • Interest

    $12,175
  • Property Tax Rate

    1.00%
  • HOA

    $150
**Estimated Monthly Cost of Options refers to the additional monthly payment amount attributed to the design options and upgrades you have selected, and includes principal and interest, as well as taxes and insurance (both based on national averages), and is based on a 30 year full amortizing fixed rate loan. The borrower’s actual rate and associated payment will vary from borrower to borrower depending on the details of the loan transaction (i.e. borrower’s credit score, loan-to-value ratio, property type, occupancy of property, establishment of an escrow account, etc.). Borrower and property underwriting requirements apply to all loan programs.

Amenities at Alterra

 Trail-Lined Greenbelt

 Trail-Lined Greenbelt

Neighborhood Park

Neighborhood Park

 Second Neighborhood Park

 Second Neighborhood Park

Newcastle Trail System

Newcastle Trail System

Lake Washington Nearby

Lake Washington Nearby

Included Design Selections

This home has been thoughtfully designed by our Design Studio team, with finishes and features intentionally selected to create a cohesive, inspired living experience. Explore the carefully curated details that make this home uniquely yours.

A woman with wavy brown hair and glasses, wearing a black blazer, is smiling in a well-lit indoor setting.

Contact Our
New Home Specialists

Other available homes and floorplans

Frequently Asked Questions

Here are some of the most common questions our homebuyers have before they get started—and the answers too, of course.