Listed by Donn T. Hughes, Old Towne Realty
- Land
- Type
- 117,612 sq ft
- Lot
- 46
- Days on market
About this property
Aggressive development area AND in an OPPORTUNITY ZONE! R3 rezone recently approved. City supported rezone. Land ready to develop. Potential 100+\- units. Strong Demand for housing created, in part, by PSNS billion dollar upgrade. 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. Please re3view Oppoortunity Zone info in the Supplement section of listing.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2501700
- Listed
- May 28, 2026
- Days on market
- 46
Unit & building
- Building
- Fernwood Ridge
Views
- View
- Territorial
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 117,612 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- In Street
- Sewer
- In Street
Schools
- District
- South Kitsap
- Elementary
- East Port Orchard El
- Middle
- Cedar Heights Jh
- High
- So. Kitsap High
What stands out to you?
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- Territorial
- None
- Paved
- Cash
- Conventional
- Electricity Available
- Natural Gas Available
- In Street
Listing history
Listed
$985,000
May 28, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,736
- Principal & interest
- $4,981
- Property tax (est.)
- $755
Assumes $197,000 down (20%), a $788,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.