7320 14th Avenue SE, Lacey, WA 98503

$1,700,000

Listing courtesy of DuVestCo, Inc.

List Price
$1,700,000
Status
PENDING FEASIBILITY
MLS#
1745788
Days on Market
270
Lot Size (sq ft)
579,224
Offer Review Date
2024-02-23

Property Description

Rare Long Lake acreage with over 400' of waterfront w/dock and preliminary studies complete and ready for engineering & plat application. Zoning allows residential, townhouse/condo pads, senior housing, memory care, restaurant, hotel, boat launch. Current 34 Lot site layout corresponds with 9/13/2023 presubmission meeting. City says lots can be duplexes for 68 DU yield. Site is approx 1000' to Woodland Creek Disc Golf Course, Park & Senior Center. Seller financing via Note & DOT w/$500,000 down, 10 yr loan w/2 year balloon & 6% interest only w/quarterly payments. 5% EM nonrefundable at feasibility waiver w/POF to close for unknown buyer. Drawings, reports & studies in attached dox. Preference given to strongest buyers w/quickest closing.

Additional Information

Community
Long Lake West
Style
41 - Res-Over 1 Acre
Zoning Jurisdiction
City
Features
Brush, Comm. Grade Timber, Evergreens, Heavily Forested
Waterfront
Yes
Waterfront Description
Lake, No Bank
View
Lake
Sewer
In Street
Tax Year
2021
School District
North Thurston
Elementary School
Lacey Elem
Middle School
Chinook Mid
High School
North Thurston High
Potential Terms
Cash Out
Driving Directions
From I-5, take exit 109, go east on Martin Way E for one mile, then south on Carpenter Rd for 1.6 mile, then east on 14th Ave SE for 1/2 mile to end of road. Property at end of road.
Buyer Agency Compensation
3
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks