126 Lilac Lane, Bremerton, WA 98312
- $1,950,000
Listing courtesy of G Anderson Group LLC.
- List Price
- $1,950,000
- Status
- ACTIVE
- MLS#
- 2519515
- Days on Market
- 83
- Lot Size (sq ft)
- 110,207
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.
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Additional Information
- Community
- Kitsap Lake
- Style
- 41 - Res-Over 1 Acre
- Zoning Jurisdiction
- City
- Features
- Corners Flagged, Lightly Treed, Partially Cleared
- View
- Territorial
- Sewer
- Available
- School District
- Bremerton #100c
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Bremerton High
- Potential Terms
- Cash, Conventional
- Driving Directions
- Traveling from Hwy 3, take Auto Center Way exit, follow to Loxie Eagans Blvd to Werner Road to right on Auto Center Way to left on Harlow Drive to right on Lilac Lane.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.