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Home image 1Move-in Ready 09/29/26
A modern and spacious kitchen with light wood cabinets, stainless steel appliances, and a white countertop that extends into an open-concept living area.
A modern, open-concept kitchen with light wood cabinetry, pendant lighting, and a hardwood floor leading to a staircase in the background.

8517 137th Ave SE | Homesite 1Newcastle, WA

$2,468,900

Homesite 0001 • Based on floor plan Plan 5

5

Beds

4

Baths

2

Bay Garage

3

Stories

3,707

Sq. Ft.

Community Address

8499 137th Wy SE, Newcastle, WA 98059, USA

Final offering for this popular plan. Indulge in the luxury of Alterra's Plan 5, a home that exudes elegance and refinement. This stunning design includes five bedrooms, including one lower floor bedroom and main floor guest room, four bathrooms, a gourmet kitchen, a private office on the main floor, a spacious loft, and covered outdoor living areas. Personalize your home with our exceptional finishes and flex options at our award-winning design studio, supported by our seasoned design consultants.

Highlights Include

  • Main Floor Guest Room

  • Expansive Great Room

  • Covered Outdoor Living Spaces

  • Office and Generous Loft Space

  • Large Storage Area

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, pools, parks, gathering spaces, and other amenities.

Mortgage Calculator

Principal & Interest*$14,802

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

    $2,458

  • Interest

    $12,345

  • 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.

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New Home Specialists

View other Move-In Ready homes at this community

Move-in Ready 09/10/26
13806 Se 85th Street | Homesite 35

13806 Se 85th Street | Homesite 35

Newcastle, Washington

$2,782,900

In Alterra

6

Beds

5.5

Baths

2

Bay Garage

4,101

Sq. Ft.

Move-in Ready 09/29/26
8517 137th Ave SE | Homesite 1

8517 137th Ave SE | Homesite 1

Newcastle, Washington

$2,468,900

In Alterra

5

Beds

4

Baths

2

Bay Garage

3,707

Sq. Ft.

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