7101 NE 31ST Ave, Vancouver, WA 98665

1.49 Acre lot with two existing homes and an approved 15 lot subdivision that should support homes up to 2000-2200 SF. The area is one of the last remaining semi-rural neighborhoods inside the Vancouver UGB. The majority of entitlements are already completed with the final engineering ready to issue.

All utilities are already on the property including PUD Sewer, PUD Water, and Electric. Lot is very level, near perfectly flat with a very slight slope on the back 25% of the lot. Underground and grading will be much easier than most plats in this area. The location is solid with access to services, retail, commercial, and light industrial areas as well as public transit. This property will not appraise at value as a traditional conventional home loan, the value is in the entitlements.