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Listed by Old Towne Realty
$960,000
Est. payment /mo
2.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Port Orchard
MLS Listing ID 2354046
Style 42 - Multi-Family
Annual Tax Amount $1,673
Lot Size 2.700 Acres
Property Sub-Type Land
Property Description
Aggressive development area AND in an OPPORTUNITY ZONE! Submitted for R3 rezone. City supported rezone. Rezone expected summer 2025. Land ready to develop. City encouraged a site-specific re-zone to R3 for a potential 100+\- units. Up to 32 Townhouse units a possibility under current zoning. Strong Demand for housing created, in part, by PSNS billion dollar upgrade. Seller will BUILD TO SUIT. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Great location, EZ access to Hwy 16, downtown PO and the ferry to Bremerton & Seattle. Buyer needs to do its due diligence to determine the great potential this property has for the price.
Location
State WA
County Kitsap
Area 143 - Port Orchard
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Paved
Sewer In Street
Water In Street
Schools
Elementary Schools East Port Orchard El
Middle Schools Cedar Heights Jh
High Schools So. Kitsap High
School District South Kitsap
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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