126 Lilac Lane, Bremerton, WA 98312

Bremerton
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
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:August 14, 2026 at 11:43 AM

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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