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Investment Highlights
- Potential for up to 18 townhomes
- 3 existing homes providing income
- Approx. 1.5 acres of development land
- Utilities available, including sewer extended through site
Executive Summary
Property Facts
| Price | $900,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.69 AC |
| Property Type | Land | ||
| Zoning | R10 - Residential | ||
| Price | $900,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.69 AC |
| Zoning | R10 - Residential |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 1.69 AC |
| Price Per AC | $532,544.38 |
| Price | $900,000 |
| Price Per AC | $532,544.38 |
| Lot Size | 1.69 AC |
Portion of 2.53 acre lot.
Description
This listing presents a rare opportunity to acquire a strategically positioned residential asset in the City of Bremerton with significant future development potential. In addition to the existing improvements, approximately 1.7 acres of excess land supports a site plan designed for up to 18 townhomes. The combination of in-place infrastructure, favorable zoning, and a functional layout creates a clear path toward development while minimizing upfront risk and entitlement timelines. This is an ideal opportunity for investors or developers seeking a property that offers both stability and scalability, allowing for multiple execution strategies depending on investment goals. Located close to town, shopping and other urban services. Easy access to Highway 3. Please call Listing Agent to schedule all showings. Seller is a licensed real estate agent in the state of WA.
Property Taxes
| Parcel Number | 162401-3-136-2000 | Improvements Assessment | $450,350 |
| Land Assessment | $208,500 | Total Assessment | $658,850 |
Property Taxes
Contact the Sale Advisor
138 Lilac Ln - Lilac Lane



