$4,000,000
Off Market

697 Spiketon Road

Buckley, WA 98321
Courtesy of Windermere RE Puyallup, Inc
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Description

13.55 Acres of Development Land located in the City of Buckley w/ R-6000 Zoning (min. lot size of 6000 SF per Single-Family; 4500 SF per Townhouse; 4500 SF/Unit for Duplex; 2500 SF for Senior Housing). Water, Elec & Gas are already on property & Sewer is in-street on Spiketon Rd & slated for installation on abutting development projects. The bordering developments average 3.5 Units/Acre (31 Lots on 8.93 Acres) & 4.6 Units/Acre (70 Lots on 15.34 Acres). Using those averages, this property should conservatively produce 51-61 Lots or 4 Units/Acre. Very level topography that is mostly dry pastureland w/Mt. Rainier view. Median Sale Price of Houses w/in City of Buckley was $630K for August. The math works at $65,574-$78,431 per potential lot.
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  • Property Details
    • Property
      • View:Mountain(s), Territorial
      • Lot description:Paved
    • Measurements
      • Acres:13.55
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:41 - Res-Over 1 Acre
  • Utilities / Energy Details
    • Utility
      • Sewer information:Available, In Street
      • Utility source:Available, On Property
      • Utility features:Natural Gas Available, Electricity Connected, Septic Design Installed
  • Community and Neighborhood Details
    • Location
      • School district:White River
      • Elementary School:Elk Ridge Elem
      • Middle School:Glacier Middle Sch
      • High School:White River High
      • County:Pierce
    • Community
      • Subdivision:Buckley
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 000, 000
      • Selling Office Commission:1.5%
      • Annual taxes:$7, 473
      • Days on Market (Cumulative):164
  • Other
    • Source
      • MLS #:1836763

Location

Real Property Associates, Inc.Sarah Leland
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