Property Details
126 Lilac Lane
Bremerton, WA 98312
$1,950,000
Active
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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.
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
Kitsap
Neighborhood
Kitsap Lake
Listed
May 6, 2026
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
2.53 sqft
Sewer
Available
Water Source
Available
Utilities
Electricity Connected, Natural Gas Available
Lot Features
Paved
Location
City
Bremerton
County
Kitsap
Coordinates
47.56581, -122.68600
Schools
School District
Bremerton #100c
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Bremerton High
Additional Information
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of May 7, 2026 4:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
