Skip to content
JRJeff ReynoldsCompass · Seattle
Photo Unavailable
Active

Listed by Larry R. Morritt, Real Property Associates

Land
Type
46,174 sq ft
Lot
7
Days on market

About this property

Approved 7-unit development opportunity with most entitlement and engineering work complete, offering a substantially de-risked path to construction. Located in the desirable Tracyton area of Central Kitsap, this approximately 1.06-acre property has completed much of the time-consuming planning, entitlement, and engineering process, providing a significant head start over a typical raw land acquisition. Performance Based Development approval is in place along with a recorded Land Use Binder. The approved site plan includes seven residential lots plus dedicated open space, utility, septic drainfield, and reserve tracts. Engineering work is substantially complete, including stormwater design, grading plans, utility planning, geotechnical review, soils analysis, and septic system design. Favorable site conditions include excellent infiltration rates and no identified wetlands, shoreline issues, or significant geologic constraints. Ideal for builders and developers seeking a project with major entitlement risk already addressed and a clear path toward final approvals and construction. Development package, engineering reports, approvals, and supporting documentation available upon request. Buyer to verify all information and development requirements to their satisfaction.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2553058
Listed
July 11, 2026
Days on market
7

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Corner Lot
Lot size
46,174 sq ft

Terms

Terms offered
See Remarks

Utilities

Utilities
Electricity ConnectedNatural Gas AvailableSeptic Design Applied
Water
In Street
Sewer
Not Available

Schools

District
Central Kitsap #401
Elementary
Pinecrest Elem
Middle
Fairview Middle
High
Olympic High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • None
  • Corner Lot
  • See Remarks
  • Electricity Connected
  • Natural Gas Available
  • Septic Design Applied
  • In Street
  • Not Available

Listing history

  1. Listed

    $299,950

    July 11, 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

$1,747

Principal & interest
$1,517
Property tax (est.)
$230

Assumes $59,990 down (20%), a $239,960 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.

Based on information submitted to the MLS GRID as of July 18, 2026 at 8:30 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.