3311 Bridgeport Way W, University Place, WA 98466

$950,000
3
BD
2
BA
1,152
SqFt

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Listing courtesy of Pellego, Inc..

List Price
$950,000
Status
ACTIVE
MLS#
2573684
Days on Market
1
Bedrooms
3
Finished SqFt
1,152
Area Total SqFt
1152
Annual Tax Ammount
5495
Internet Provider
Comcast
Lot Size (sq ft)
18,976
Sewer
STEP Sewer

Property Description

Rare opportunity in the heart of University Place! Take over the Seller’s vision for a proposed 16-bed assisted living facility, or explore other development possibilities on this exceptionally positioned property. Seller has already invested substantial time and resources into architectural design, engineering coordination, builder consultation, site planning, and preliminary development work—giving a buyer the opportunity to step into a project with meaningful groundwork already completed. Current schematic plans depict a two-story assisted living building with basement and rooftop deck, rear courtyard, accessible entries, parking, and a lower-level salon/health spa concept. Plans identify approximately 15,443 SF of gross building area on an approximately 18,976 SF / 0.436-acre site, with MU-N 45 zoning and R-4 Condition 2 – Assisted Living.Existing 3-bedroom, 1.5-bath home has been extensively updated with newer kitchen, roof, electrical, plumbing, LVP flooring, siding, and interior/exterior paint. Property has also been used for Airbnb/short-term rental, creating potential interim income while a buyer evaluates future development. Architectural drawings, site plans, and additional reports are available for review. A compelling opportunity for senior housing operators, builders, developers, and investors seeking a University Place location with significant preliminary work already completed. Buyer to independently verify zoning, permitting, feasibility, development costs,

Additional Information

Community
University Place
Style
10 - 1 Story
Basement
None
Year Built
1958
View
City, Territorial
Roof
Flat, Metal
Site Features
Cable TV, Fenced-Partially, Hot Tub/Spa, RV Parking
Tax Year
2026
School District
University Place
Elementary School
Evergreen Primary
Middle School
Narrows View Interme
High School
Curtis Bridge Pgm
Potential Terms
Cash, Conventional, FHA
Interior Features
Dbl Pane/Storm Window, Dining Room, Walk-In Closet(s)
Flooring
Softwood, Carpet
Driving Directions
From I-5 S take exit 129, right lane to take S 74St W ramp, right on 72nd St/S 74th St. Continue to follow S 74th St ontoCluster Rd W. Right to 75th St W then right to Bridgeport Way W.
Appliance
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . 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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