Lilac Ln Income and Development Opportunity

For Sale

126 Lilac Lane, Bremerton, WA 98312

This Bremerton property for sale is located at 126 Lilac Lane. The current listed sale price for Lilac Ln Income and Development Opportunity is $1,950,000. Lilac Ln Income and Development Opportunity is situated on a lot that is 2.53 acre in size.

Contacts

Gary Anderson

G Anderson Group

Property Details

  • Property Type VacantLand
  • Lot Size 2.53 Acre
  • Date Updated Jun 22, 2026
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.
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Highlights

  • 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

Getting around

  • 42/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 14/100

    Bike Score ®

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Location

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

Points of Interest

  • Bremerton Cab

    1.10 miles

  • Chevron

    0.63 miles

  • 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

  • Haddon Park Parking Lot

    1.49 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

  • Super 8 Bremerton

    0.35 miles

  • Oyster Bay Inn & Suites

    0.58 miles

  • Baymont Bremerton WA

    0.59 miles

  • Flagship Inn

    0.66 miles

  • Quality Inn & Suites

    0.68 miles

  • Bremerton Inn

    0.83 miles

  • Motel 6

    1.25 miles

  • Navy Gateway Inns and Suites

    1.77 miles

  • Fairfield Inn & Suites Seattle Bremerton

    2.85 miles

  • Hampton Inn & Suites Bremerton

    2.88 miles

  • WinCo Foods

    0.25 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

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