👷 Attention Builders and Developers Bremerton 14,373 sq. ft. Water Front Lot ⛱️

We have an assignable contract available to purchase:

Go to foursquaredeals.net to see our other deals/inventory.  You can also view our sold deals for reference.

Attention builders and developers. Come build your dream waterfront home on this beautiful waterfront lot in East Bremerton in the lovely Illahee neighborhood awaiting your creation. Stunning views of the Puget Sound from the beach. Easy access to town, ferry system, freeways and shopping. There is a structure on the property that needs to be removed. All utilites are stubbed on the property: water, power, natural gas in street. Property will need a new septice system.

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ASKING PRICE: 200K

ARV: 1M Plus (new water front home)

PREFERRED LENDER LINK

Jason Gray Loans

Perfect For:

🛠️ New Construction/Development

(Purchase Price) 200K + (estimated build cost 250/sqft, 2500 sqft house) 650K = (Total Investment) 850K

(ARV) 1M plus - (build cost) 850K = (Gross Profit) 150K plus

🎯 ARV Comps:

2008 Build Near the Water - Sold 925K

2014 Beach Front Build - Sold 1,025K

💵 Cash Comps:

1231 Campbell Way, Bremerton, WA 98310 - Sold 250K

4308 Totem Pl NE, Bremerton WA 98311 - Sold 280K

Property Overview:

🏚️ Structure is a tear down - vacant lot

🏖️ Waterfront property - 80 feet of private beach

📏 0.33 acres (approx. 14,375 sq. ft.)

📅 Original home built in 1940

🔨 Utilities at the street

🪠 Needs a new septic system

Additional Insights:

🚀 Area: Neighborhood - East Bremerton - Illahee neighborhood

⏱️ History:  Tired out of state owner

🚧 Attention Required: Removal of old structure, surveys, planning/design, new septic system, new build 

🚚 Vacancy: Vacant (land)

PLEASE CALL CHARLES TO SCHEDULE SHOWINGS

(360) 207-4148

TENTATIVE CLOSE DATE ON OR BEFORE 2/5/2024

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