Prime Development Opportunity in University Place – R-2 Zoned LotUnlock the potential of this ideally located vacant parcel on 57th Ave in sought-after University Place. Zoned Residential 2 (R-2), this property offers exceptional flexibility for a variety of residential development options, including single-family homes, duplexes, triplexes, fourplexes, townhomes, and accessory dwelling units.City water and sewer are available, making this a strong candidate for future development. The lot presents a relatively clean slate compared to many competing properties—no existing structures to demolish and minimal clearing required beyond some vegetation and possible trees along the southern boundary.Positioned in an established residential area, the property is bordered by an apartment complex to the east and single-family homes to the south, supporting a range of compatible housing types. A parcel to the north provides separation from Cirque Dr W, adding to the site’s privacy and setting.Buyer to verify all informationGreat opportunity to build in desirable University Place! This vacant 57th Ave parcel is zoned Residential 2 (R-2), allowing a variety of housing types including single-family, duplexes, townhomes, and ADUs. City water and sewer available.Property offers a clean slate with no existing structures to demo and minimal clearing needed. Located in an established area with apartments nearby and single-family homes surrounding. Leach Creek is over 100 ft from theW
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Zillow last checked:
Listing updated:
Listed by:
Gary Rudd,
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2511682
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Lot
Size: 2.39 Acres
Dimensions: 317 x 338
Features: Dead End Street
Topography: Sloped
Details
Parcel number: 0220234082
Zoning description: Multi-Family,Residential,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: Available
Sewer: In Street
Water: Available, In Street, Jurisdiction: City of University Place
Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
Subdivision: University Place
Location
Region: University Place
Financial & listing details
Annual tax amount: $3,260
Date on market: 5/6/2026
Cumulative days on market: 68 days
Listing terms: Conventional
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/3/2026
Pending sale
$500,000
Source: NWMLS as distributed by MLS GRID #2511682Report a problem
4/30/2026
Listed for sale
$500,000
Source: NWMLS as distributed by MLS GRID #2511682Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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