This listing presents a rare opportunity to acquire a strategically positioned residential asset in the City of Bremerton with significant future development potential. In addition to the existing improvements, approximately 1.7 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. Located close to town, shopping and other urban services. Easy access to Highway 3.
| MLS # | 2519260 |
|---|---|
| Listing Type | For Sale |
| Building Name | Lilac Development |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 127 |
| Listing Provided By | G Anderson Group LLC | Gary Anderson |
| Zoning | R10 |
|---|---|
| Acreage | 1.69 |
| 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: $900,000 low | high Med: $550,000 On site: 127 low | high Med: 165 | |
| 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: $900,000 low | high Med: $550,000 On site: 127 low | high Med: 165 | |
![]() | $1,950,000126 Lilac LaneBremerton, WA 98312 |
![]() | $399,0005219 5th StreetBremerton, WA 98312 |
![]() | $399,5005212 5th StreetBremerton, WA 98312 |