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126 Lilac Lane, Bremerton, WA 98312

Bremerton
Local realty services provided by:CENTURY 21 North Homes 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:October 28, 2026 at 12:22 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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 28, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Michael Killmer

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