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126 Lilac Ln
Bremerton, WA 98312
Lilac Properties · Land For Sale · 2.53 AC

Investment Highlights

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

Executive Summary

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. Please contact Listing Agent for all Showings and Information. Seller is a licensed real estate agent in the state of WA.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 2.53 AC
Zoning R10 - Residential

1 Lot Available

Lot

Price $2,676,336 CAD
Price Per AC $1,057,840.34 CAD
Lot Size 2.53 AC

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 sin

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.

  • Listing ID: 40443928

  • Date on Market: 2026-05-07

  • Last Updated:

  • Address: 126 Lilac Ln, Bremerton, WA 98312

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