126 Lilac Lane, Bremerton, WA 98312

Property 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 Status:

Active

Data Last Updated:

August 13, 2026 at 7:21AM

Listing Office:

G Anderson Group LLC : 360-373-2343

Listing Agent:

Gary Anderson : 360-373-2343

MLS ID:

2519515

Interior

• A/C: None
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

• General: Corners FlaggedLightly TreedPartially Cleared
• Improvements: DrivewayDwelling

Construction

• General: 41 - Res-Over 1 Acre

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Bremerton #100c
• County: Kitsap

Lot

• Topography: Rolling
• Zoning: 16240131362000
• View: TerritorialView

Utilities

• Utilities: Electricity ConnectedNatural Gas AvailableElectricity on Property
• Water: Available
• Sewer: Available

Financial

• Source: nwmls