Pierce County, Tacoma, WA 98445
2 bd1 ba1,797 sfBuilt 1938
Gross spread$800,003
Description
HUGE Development Opportunity on Nearly 2 Acres – Tacoma This is the kind of property that gets builders and developers excited. Just under 2 acres with front and rear access, surrounded by recent development, and located just down the street from two similar projects that produced 8 homes on one site and 9 homes on another (photos included in the listing). If you've been looking for your next land play, this one deserves a hard look. The existing home is a 2 bed / 2 bath, 1,197 sq ft house built in 1938 that could be fully renovated for a potential resale around $650K, but the real story here is the land. The property already has approval for three new septic systems, and sewer sits on both sides of the property. Bring the sewer in, complete your due diligence, and unlock the full potential of this incredible site. What It Has Nearly 2 acres Front & rear access (Golden Given Rd E & 12th Ave Ct E) Development potential (buyer to verify) Nearby projects developed into 8-home and 9-home communities Septic approval already in place for 3 new septic systems Existing 2 bed / 2 bath home Detached 2-car garage with water and bonus mancave/storage space Existing home could support an estimated $650K ARV after a quality renovation What It Needs Full renovation of the existing home New roof Interior and exterior modernization Sewer extension if pursuing higher-density development Buyer to complete all development and feasibility due diligence Whether your plan is to renovate the existing home, add several DADU's or capitalize on the development potential, opportunities like this don't hit the market often. The surrounding area has already proven what can be done, and this property has the size, access, and location to make a serious project worthwhile. One note for developers: We're looking for buyers who can move. Bring your team, verify your numbers, and perform your due diligence—but we won't be tying this property up for months while plans are developed. If you've been waiting for your next big project, this is one you don't want to miss. Robb Thornton | Disposition Manager | Legacy Offer [contact details hidden]
Verified — contract control only
The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.
$/sqft vs market
Median of 42 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
This thread is with the VestorsHub team. Nobody on the supply side of this listing holds an account here.
Who is supplying this listing is withheld. A buyer account that has accepted the non-circumvention agreement on the address request above sees it here. Direct phone and email are not published here at all.