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Listed by:G Anderson Group LLC • Gary Anderson
$ 1,950,000
Est. payment | /mo
2.53 Acres Lot
$ 1,950,000
Est. payment | /mo
2.53 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Kitsap Lake
MLS Listing ID 2519515
Style 41 - Res-Over 1 Acre
Lot Size 2.530 Acres
Lot Dimensions Rectangular
Property Sub-Type Land
Property Description
This offering presents a rare opportunity to acquire a strategically positioned residential asset in the City of Bremerton that blends immediate income generation with significant future development potential. The property includes three existing single-family homes situated on individual lots, providing flexibility for continued rental income, resale or phased redevelopment. In addition to the existing improvements, approximately 1.5 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.
Location
State WA
County Kitsap
Area 148 - West Bremerton
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Paved
Sewer Available
Water Available
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Bremerton High
School District Bremerton #100C
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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