Description
Rare offering! The seller strongly prefers to sell this parcel together with the adjacent property (MLS #2551036), creating a combined 33,098 sq. ft. development opportunity in the highly desirable University Place School District. The neighboring property features a 4,520 sq. ft. mid-century fixer with good bones, an in-ground pool (currently not operational), and sits on a 24,326 sq. ft. double lot, offering exceptional potential for redevelopment, renovation, or the creation of a private estate. Located in the established Rolling Hills Estates neighborhood, this property offers a peaceful, private setting on a quiet street with no HOA, just minutes from shopping, dining, parks, and everyday conveniences. Based on preliminary discussions with consultants, buyers may choose to renovate the existing residence and pursue a Boundary Line Adjustment (BLA) which MAY enable buyer to build for two additional homes of approximately 3,200+ sq. ft. each. Alternatively, the combined properties MAY offer the potential for a larger redevelopment of up to six homes. Buyer to verify all development potential, buildability, subdivision feasibility, utility availability, permitting, and all information to their own satisfaction. June 2026 appraisal available upon request. Estate sale. Property is sold as-is with no warranties or representations by the seller or listing brokers.
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0BEDS
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0.2ACRES
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01/2 BATHS
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Realogics Sotheby's Int'l Rlty.
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Description
Rare offering! The seller strongly prefers to sell this parcel together with the adjacent property (MLS #2551036), creating a combined 33,098 sq. ft. development opportunity in the highly desirable University Place School District. The neighboring property features a 4,520 sq. ft. mid-century fixer with good bones, an in-ground pool (currently not operational), and sits on a 24,326 sq. ft. double lot, offering exceptional potential for redevelopment, renovation, or the creation of a private estate. Located in the established Rolling Hills Estates neighborhood, this property offers a peaceful, private setting on a quiet street with no HOA, just minutes from shopping, dining, parks, and everyday conveniences. Based on preliminary discussions with consultants, buyers may choose to renovate the existing residence and pursue a Boundary Line Adjustment (BLA) which MAY enable buyer to build for two additional homes of approximately 3,200+ sq. ft. each. Alternatively, the combined properties MAY offer the potential for a larger redevelopment of up to six homes. Buyer to verify all development potential, buildability, subdivision feasibility, utility availability, permitting, and all information to their own satisfaction. June 2026 appraisal available upon request. Estate sale. Property is sold as-is with no warranties or representations by the seller or listing brokers.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Cano Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-08-09T12:15:47.44. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2026-08-09T12:15:47.44. 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.
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