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501 NE 3rd St - Coupeville Development Opportunity 8.32 Acres of Residential Land Offered at $1,350,000 in Coupeville, WA 98239

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INVESTMENT HIGHLIGHTS

Easy slopes and grades
Walking distance to downtown and main hospital for Whidney Island

Utilities all nearby or on the property

EXECUTIVE SUMMARY

Ideal renovation project for the main residence or a complete redevelopment plan to start over and build out many units. North section of property is elevated offering water views of Penn Cove. Very close to Whidbey General Hospital and Regence Senior Care.

PROPERTY FACTS

Price	$1,350,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Single Family Development
No. Lots	1	Total Lot Size	8.32 AC
Property Type	Land
Zoning	City - Current zoning has been changed to RM-9600 which will allow for 9600 Sq. Ft. Lots.

Price	$1,350,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Single Family Development
Total Lot Size	8.32 AC
Zoning	City - Current zoning has been changed to RM-9600 which will allow for 9600 Sq. Ft. Lots.

1 LOT AVAILABLE

Lot

Price	$1,350,000	Lot Size	8.32 AC
Price Per AC	$162,259.62

Price	$1,350,000
Price Per AC	$162,259.62
Lot Size	8.32 AC

8.327 Acres with Medium Density recently approved by Coupevile Planning Department. Utilities on site and easy to access.

DESCRIPTION

This 8.32 acre property with home is an ideal property for those looking to invest or develop inside Coupeville city limits with water views of Penn Cove and space to potentially build 24+ units. Coupeville City Council approved new zoning for 9600 sq. ft. lots (RM-9600). Utilities are in the street and on the property for everything you need. Access options from multiple points off NE 3rd St. and Lauren Street at a later point. This is one of the last develop-able properties in Coupeville and ideal for builders looking for an easier site with less clearing required. Take advantage of the opportunity. Whidbey Health Medical Center only a few blocks away!