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 Provided Courtesy of Gary Anderson, G Anderson Group LLC
General Information
NWM2519515
Land
1
DOM
2.53 acres
0
Residen
Kitsap
Buyer To Verify
Buyer To Verify
Bremerton High
Land
Land
Listing Provided Courtesy of Gary Anderson, G Anderson Group LLC
Krishna Realty data last checked: May 07, 2026 02:11 | Listing last modified May 06, 2026 22:00,
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Residence Information
0
41 - Res-Over 1 Acre
Features and Utilities
Available
Available
Financial
Cash, Conventional
05-06-2026
Comparable Information
1
1
Cash, Conventional
$1,950,000
$1,950,000
May 06, 2026 22:00
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Bremerton HighN/ARatings
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.
