This listing courtesy of Nova Miraflor , Pellego, Inc.
$950,000

3311 Bridgeport Way W, University Place, WA 98466

  • 3 beds |
  • 2 baths |
  • 1,152 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $825/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Rare opportunity in the heart of University Place! Take over the Seller’s vision for a proposed 16-bed assisted living facility, or explore other development possibilities on this exceptionally positioned property. Seller has already invested substantial time and resources into architectural design, engineering coordination, builder consultation, site planning, and preliminary development work—giving a buyer the opportunity to step into a project with meaningful groundwork already completed. Current schematic plans depict a two-story assisted living building with basement and rooftop deck, rear courtyard, accessible entries, parking, and a lower-level salon/health spa concept. Plans identify approximately 15,443 SF of gross building area on an approximately 18,976 SF / 0.436-acre site, with MU-N 45 zoning and R-4 Condition 2 – Assisted Living.Existing 3-bedroom, 1.5-bath home has been extensively updated with newer kitchen, roof, electrical, plumbing, LVP flooring, siding, and interior/exterior paint. Property has also been used for Airbnb/short-term rental, creating potential interim income while a buyer evaluates future development. Architectural drawings, site plans, and additional reports are available for review. A compelling opportunity for senior housing operators, builders, developers, and investors seeking a University Place location with significant preliminary work already completed. Buyer to independently verify zoning, permitting, feasibility, development costs,

Listing Status:
Active
Data Last Updated:
August 27, 2026 at 4:20AM
Listing Office:
Pellego, Inc. : 425-441-3180
Listing Agent:
Nova Miraflor : 425-441-3180
MLS ID:
2573684
  • General: Dbl Pane/Storm WindowDining RoomWalk-In Closet(s)
  • Appliances: DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
  • Basement: None
  • Flooring: SoftwoodCarpet
  • A/C: Forced Air
  • Heating: Forced Air
  • Fireplace: ElectricFireplaces: 0
  • General: Metal/Vinyl
  • Parking: DrivewayOff StreetRV ParkingParking spaces: 0
  • Roofing: FlatMetal
  • General: One
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: University Place
  • County: Pierce
  • Topography: Level
  • Zoning: 0220104064
  • View: CityTerritorialView
  • Water: Public
  • Sewer: STEP Sewer
  • Source: nwmls

This listing courtesy of Nova Miraflor , Pellego, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Presented by Veterans United Realty