Attention investors, builders, and developers - this is a rare opportunity in a highly desirable central Kitsap location near Keyport, Silverdale, Bremerton, and downtown Poulsbo. With just over 2.5 acres, this property offers exceptional potential for redevelopment, a custom home site, investment hold, or major renovation project. The upper portion of the lot features a large flat area that, with clearing, could capture beautiful valley views and create a truly standout homesite. Existing infrastructure includes potential public water available at the street (buyer to verify) and electricity nearby, helping streamline future development possibilities. The property also features a pond and multiple access points leading to the upper build area. The existing home is currently unlivable and is being sold as-is, making this an ideal opportunity for cash buyers, contractors, or investors looking for their next project. Buyer to verify all development potential, utilities, and feasibility to their satisfaction. Property boundaries are partially indicated by older fencing and neighbors driveway. Please do not enter the existing structure or access the neighboring property or driveway. Cash only.