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8623 Steilacoom Road SE in Lacey

Listing ID:2543215 (Vacant Land)
Listing Price:$1,350,000
Days on Market:6

Details


Investor / Developer Opportunity – Approved 7-Lot Short Plat in Growing Lacey Market! Rare development opportunity on 1.28 acres with an existing duplex and enhanced short plat approval in place. Approved civil plans are available through the city, allowing the next owner to move forward with water and sewer extensions, sidewalks, and street tree improvements. The approved project creates a total of 7 separate lots, including:Conversion of the existing duplex into 2 townhouse lots, 5 additional single-family residential lots, 7 total buildable lotsWashington State's current housing regulations may allow up to 2 ADUs per lot (buyer to verify), creating the potential for 7 primary residences plus up to 14 ADUs for significant density and income potential.Conveniently located approximately 1.5 miles from I-5, with major retail amenities including Costco and Home Depot nearby. Situated in the rapidly growing city of Lacey, home to approximately 60,000 residents, this property offers an e


NWMLS

This listing is provided courtesy of NWMLS, contributed by eXp Realty.



Property Details

Schools

Elementary School:Buyer To Verify
Junior High:Buyer To Verify
Senior High:Buyer To Verify

Other

Possession:Negotiable, See Remarks
Style:41 - Res-Over 1 Acre
Sewer:On Property
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