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Listed by:Keller Williams Western Realty • Anthony Zapata
$550,000
Est. payment /mo
0.69 Acres Lot
Active
427 SE Ely ST Oak Harbor, WA 98277
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Oak Harbor
MLS Listing ID 2495105
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $717
Lot Size 0.693 Acres
Property Sub-Type Land
Property Description
Rare opportunity to acquire a shovel-ready townhouse development site in Oak Harbor, WA. Situated on over half an acre in a growing residential area, this project offers an exceptional chance to deliver much-needed housing in a highly desirable location. Ideally positioned near the naval base, downtown Oak Harbor, shopping, dining, and everyday services, the site provides strong appeal for future residents. The current owner has completed extensive pre-development work, including stormwater and civil engineering, architectural plans for 10 townhouse units with potential for 11, structural engineering, and city planning approval. Thoughtfully designed with an eco-conscious approach to the lot and topography, the project minimizes the need for significant dirt work, helping reduce both cost and development timeline. With key groundwork already in place, this offering allows developers to move forward with confidence and efficiency. Oak Harbor's expanding community, steady housing demand, and convenient in-town setting make this a compelling investment opportunity. Don't miss the chance to bring this well-positioned project to life.
Location
State WA
County Island
Area 813 - North Whidbey Island
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer In Street
Water Available
Schools
School District Oak Harbor
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS
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