Rare dual-parcel residential development opportunity totaling approx. 18.45 acres in a growing Belfair market. This offering represents 2 of a 4 parcel assemblage opportunity, providing additional upside for future expansion. Property includes an 18-acre R-5 zoned parcel (Medium Density Residential) and an adjacent 0.45-acre R-4 zoned parcel (Low Density Residential). R-5 zoning allows for single-family, duplexes, townhomes, tri-plex's, and multi-family development at up to 5 units per acre, along with select community and special uses. The site is triangular in shape, bordered by an existing residential plat, Belfair Water System property, and a railroad right-of-way. Topography ranges from level to rolling and sloped, offering flexibility in site design. Treed with potential for territorial and mountain views with clearing. Access is provided via an open space tract connecting to Romance Hill Road. The 0.45-acre parcel sits at the road terminus with water and power available, ideal for access, staging, or a standalone homesite. Strong opportunity for developers seeking scale, flexibility, and assemblage potential. Parcels#123331000010 and #123325200014
121 days
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Zillow last checked:
Listing updated:
Listed by:
Gary Anderson,
G Anderson Group LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2512016
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Mountain(s)
Lot
Size: 18.45 Acres
Features: Dead End Street, Paved, Secluded, Brush, Evergreens, Heavily Forested
Topography: Level,Rolling
Details
Parcel number: 123331000010
Zoning description: Multi-Family,Residential,Jurisdiction: County
Special conditions: Standard
Utilities & green energy
Electric: Available
Gas: Not Available
Sewer: Not Available
Water: Available
Utilities for property: Electricity Available
Community & HOA
Community
Subdivision: Belfair
Location
Region: Belfair
Financial & listing details
Date on market: 4/22/2026
Cumulative days on market: 122 days
Listing terms: Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,713/mo
Price history
Date
Event
Price
5/6/2026
Price change
$1,100,000+214.3%
Source: NWMLS as distributed by MLS GRID #2512032Report a problem
4/22/2026
Price change
$350,000-77.3%
Source: NWMLS as distributed by MLS GRID #2512051Report a problem
4/22/2026
Price change
$1,540,000-17.9%
Source: NWMLS as distributed by MLS GRID #2512032Report a problem
4/22/2026
Listed for sale
$1,875,000+56.4%
Source: NWMLS as distributed by MLS GRID #2512016Report a problem
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.