Prime Development Opportunity – Fixer on Expansive Lot
Unlock the potential of this rare investment opportunity featuring a fixer-upper home situated on an oversized .45 acre lot in the heart of Vancouver. With ample frontage on 54th St and flexible zoning (R-9, buyer to verify), this property is ideal for potential redevelopment, subdivision, or value-add renovation.
This is a classic value-add or teardown scenario with multiple exit strategies—restore the existing structure for long-term hold or rental, or pursue highest and best use via new construction (buyer to perform due diligence).
Conveniently located in a desirable, well-established neighborhood near Minnehaha Elementary and local shopping, this location supports strong resale or rental demand.
Please note: sewage treatment is currently not present on this property due to onsite septic system (OSS) being decommissioned and home is not yet connected to public sewer system. Home to be sold w/out occupancy until city-approved sanitization system is completed and city-approved OSS installed or public sewer connected. Buyer to do due diligence.
For offers, seller is “Elizabeth Gomez, Personal Representative of the Estate of David Regan. Property to be conveyed via “Personal Representative’s Limited Warranty Deed.” Please recognize that seller is exempt from providing a Seller Disclosure Statement and will not be providing. This extraordinary property won't last long!