$960,000
 $5,153 est/mo Sourced by Back At You

1083 Hull Avenue,Port Orchard, WA 98366

Port Orchard, WA 98366

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Description

Aggressive development area AND in an OPPORTUNITY ZONE! Submitted for R3 rezone. City supported rezone. Rezone expected summer 2025. Land ready to develop. City encouraged a site-specific re-zone to R3 for a potential 100+\- units. Up to 32 Townhouse units a possibility under current zoning. Strong Demand for housing created, in part, by PSNS billion dollar upgrade. Seller will BUILD TO SUIT. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Great location, EZ access to Hwy 16, downtown PO and the ferry to Bremerton & Seattle. Buyer needs to do its due diligence to determine the great potential this property has for the price.

Details

MLS#2354046
Listing TypeFor Sale
StyleFarm or Ranch
Building NameFernwood Ridge
Sub-TypeResale
StatusActive
Days On Site24
Listing Provided ByOld Towne Realty | Donn T. Hughes

Features

ZoningR2
Acreage2.70
Property ViewYes

Market Activity 98366

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Listings Checked: 6 minutes ago
StateWA
CountyKitsap
CityPort Orchard
Zip Code98366
Area143 Port Orchard
Community NamePort Orchard
School DistrictSo. Kitsap High
Elementary SchoolEast Port Orchard El
Middle SchoolCedar Heights Jh
High SchoolSo. Kitsap High
Listing VS Median (in Port Orchard)
Price:
$960,000
low | high
Med:
$507,972
97.086197916667% of Average
On site:
24
low | high
Med:
319
7.523510971787% of Average
Sourced by Back At You
Listing Updated: April 26, 2025 at 11:37:02 AM PDT