Back to property search

Active · Land

126 Lilac Lane , Bremerton, WA 98312

Bremerton, WA 98312

$1,950,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by G Anderson Group LLC · MLS #2519515 · Active

More properties in Bremerton · Explore local city guides

About this property

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 type
Land
Lot size
110,207 sq ft
Association dues
$0 · frequency not provided
School district
Bremerton #100c
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/7/2026, 2:02:17 AM Pacific. 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, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

© 2026 Northwest MLS. All rights reserved. Report a listing accuracy or photo concern.

Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

A REAL CONVERSATION. A CLEAR NEXT STEP.

You don’t have to figure it out alone.

Buying, selling, or weighing your options? Tell me what you’re considering. We’ll talk through where to start.

Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team