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.
| MLS # | 2519515 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 132 |
| Listing Provided By | G Anderson Group LLC | Gary Anderson |
| Zoning | R10 |
|---|---|
| Acreage | 2.53 |
| Property View | Yes |
| State | WA |
|---|---|
| County | Kitsap |
| City | Bremerton |
| Zip Code | 98312 |
| Area | 148 West Bremerton |
| Community Name | Kitsap Lake |
| School District | Bremerton High |
| Elementary School | Buyer To Verify |
| High School | Bremerton High |
| Listing VS Median (in Kitsap Lake) | |
Price: $1,950,000 low | high Med: $574,500 On site: 132 low | high Med: 106 | |
| State | WA |
|---|---|
| County | Kitsap |
| City | Bremerton |
| Zip Code | 98312 |
| Area | 148 West Bremerton |
| Community Name | Kitsap Lake |
| School District | Bremerton High |
| Elementary School | Buyer To Verify |
| High School | Bremerton High |
| Listing VS Median (in Kitsap Lake) | |
Price: $1,950,000 low | high Med: $574,500 On site: 132 low | high Med: 106 | |