Development Opportunity in Port
123 E 4th Street #See Legal Port Orchard, WA 98366
For Sale
$199,000
Residential development lot with multiple building options and preliminary approvals.
Days on Market427
Property Features for 123 E 4th Street #See Legal
General Information
Standard status
Active
Listing Agency:
PARAMOUNT REAL ESTATE GROUP
Listed By:
JAMES J BERGSTROM
Source:
Corcoran
Added: May 30, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PARAMOUNT REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This property presents a development opportunity with preliminary plat approval already secured. The lot, in its current state, can accommodate a duplex. Alternatively, preliminary short plat approval indicates the possibility of constructing either two houses with Accessory Dwelling Units (ADUs) or two duplexes. There is also potential for rezoning to allow for a four-plex. The seller has completed a survey, engineering reports, geotechnical reports, and wetland delineation, and the building sites have been cleared. The property offers a view of a neighboring creek. This opportunity is suitable for short-term profit or long-term buy-and-hold investment strategies.
Key Highlights
- Preliminary short plat approval for 2 houses with ADU or 2 duplexes.
- Potential for rezoning to allow a 4‑plex.
- All reports completed: Survey, Engineering, Geotech, Wetland Delineation.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development lot with multiple building options and preliminary approvals.
Where is this residential land & home lot located?
The property is located at 123 E 4th Street #See Legal Port Orchard, WA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Preliminary short plat approval for 2 houses with ADU or 2 duplexes.; Potential for rezoning to allow a 4‑plex.; All reports completed: Survey, Engineering, Geotech, Wetland Delineation.
