126 Lilac Lane, Bremerton, WA 98312
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: gary anderson
Office: g anderson group llc.
MLS#:2519515
Source:NWMLS
126 Lilac Lane,Bremerton, WA 98312
$1,950,000
- 2.53 Acres
- Lots / Land
- Active
Price summary
- Price:$1,950,000
About this home
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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Home facts
- Subdivision & Development:Kitsap Lake
- Listing ID #:2519515
- Updated:September 28, 2026 at 12:22 PM
Structure and exterior
- Lot area:2.53 Acres
- Lot Features:Paved
Schools
- High school:Bremerton High
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Available
- Sewer:Available
Finances and disclosures
- Price:$1,950,000
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