Map of Property

For Sale

Lilac Ln Income and Development Opportunity

126 Lilac Lane, Bremerton, WA 98312

Off Hwy 3, Auto Center Way, to Bruenn Ave, to Casad Ave.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 16 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.

Key features

  • 3 existing homes providing income
  • Approx. 1.5 acres of development land
  • Potential for up to 16 townhomes
  • Site plan / short plat layout in place
  • Utilities available, including sewer extended through site
  • Zoned R10 – City of Bremerton
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Gary Anderson

G Anderson Group

Building Details

  • For Sale $1,950,000
  • Property Type VacantLand
  • Lot Size 2.53 Acre
  • Date Updated Jun 22, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (42)

  • Transit Score ®

    Some Transit (31)

  • Bike Score ®

    Somewhat Bikeable (14)
Powered by Walk Score ®

Location

  • City Bremerton, WA
  • Neighborhood West Hills
  • Zip Code 98312
  • Market Seattle

Points of Interest

West Hills 76

0.69 miles

Shell

1.01 miles

Shell Diesel Pumps

1.02 miles

Liberty Five Star

1.13 miles

Burwell 76

1.61 miles

Arco

1.83 miles

Hank's

2.40 miles

76

2.78 miles

Speedway Express

3.10 miles

Charleston Base

1.53 miles

F Lot

1.54 miles

Faculty Lot 7

2.35 miles

Faculty Lot 11

2.35 miles

Faculty Lot 6

2.36 miles

Visitor Parking

2.36 miles

Boat Trailer Parking

2.37 miles

Faculty Lot 5

2.45 miles

Faculty Parking

2.48 miles

Burwell Landing Car Wash

1.61 miles

Auto Wash

3.23 miles

Brown Bear Car Wash

4.56 miles

Brown Bear

5.30 miles

Mike's Car Wash and Detail

8.81 miles

DQ Grill & Chill

0.35 miles

Carl's Jr.

0.36 miles

Tonys Pizza and Itailian Restaurant

0.39 miles

Jack in the Box

0.67 miles

Dickey's Barbecue Pit

0.67 miles

Subway

0.68 miles

Brother Dons

0.73 miles

Family Pancake House

0.95 miles

Emma's BBQ

0.96 miles

Red Apple Markets

1.33 miles

Safeway

1.57 miles

LLM Asian Store

1.61 miles

Bremerton NBK Commissary

1.64 miles

Saar's Super Saver Foods

3.18 miles

North Perry Avenue Mall

3.65 miles

Goodwill

3.73 miles

Grocery Outlet

3.76 miles

Albertsons

4.10 miles

Washington State Patrol

0.66 miles

Rite Aid

0.81 miles

Walgreens

0.89 miles

Puget Sound Shipyard Fire Station

1.81 miles

Naval Hospital Bremerton

1.97 miles

Doyle Chiropractic

2.34 miles

Bremerton Police Department

2.38 miles

Building 435

2.40 miles

Station No. 1

2.60 miles

126 Lilac Lane Listing Summary

  • What is the asking price at Lilac Ln Income and Development Opportunity?

    Lilac Ln Income and Development Opportunity is currently listed for sale at Contact for pricing.

Contact Listing Broker
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