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126 Lilac Ln
Bremerton, WA 98312 West Bremerton

$1,950,000 USD

Land For Sale  •  2.53 AC

Property Details

  • Property Type Land
  • Lot Size 2.53 AC
  • Zoning R10
40 Transit Score
40 Walk Score

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.

Highlights

Zoned R10 – City of Bremerton
Potential for up to 18 townhomes
Approx. 1.5 acres of development land
3 existing homes providing income
Utilities available, including sewer extended through site
Site plan / short plat layout in place

Property Flyers

Gary Anderson 360-731-3739 G Anderson Group LLC
Gary Anderson 360-731-3739 G Anderson Group LLC