3311 Bridgeport Way W, University Place, WA 98466 (MLS # 2573684)

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Listing provided courtesy of Northwest MLS; Pellego, Inc.

PRICE $950,000
BEDS 4
BATHS 1.5
HOME SIZE 1,152 sqft
LOT SIZE 18,975 sqft

Rare opportunity in the heart of University Place! Take over the Seller's vision for a proposed 16-bed assisted living facility, or explore other development possibilities on this exceptionally positioned property. Seller has already invested substantial time and resources into architectural design, engineering coordination, builder consultation, site planning, and preliminary development work"”giving a buyer the opportunity to step into a project with meaningful groundwork already completed. Current schematic plans depict a two-story assisted living building with basement and rooftop deck, rear courtyard, accessible entries, parking, and a lower-level salon/health spa concept. Plans identify approximately 15,443 SF of gross building area on an approximately 18,976 SF / 0.436-acre site, with MU-N 45 zoning and R-4 Condition 2 - Assisted Living.Existing 3-bedroom, 1.5-bath home has been extensively updated with newer kitchen, roof, electrical, plumbing, LVP flooring, siding, and interior/exterior paint. Property has also been used for Airbnb/short-term rental, creating potential interim income while a buyer evaluates future development. Architectural drawings, site plans, and additional reports are available for review. A compelling opportunity for senior housing operators, builders, developers, and investors seeking a University Place location with significant preliminary work already completed. Buyer to independently verify zoning, permitting, feasibility, development costs,

LAST UPDATED 8/24/2026 TRACT University Place
YEAR BUILT 1958 COMMUNITY University Place
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Evergreen Primary
Jr. High School Narrows View Interme
High School Curtis Bridge Pgm


ADDITIONAL DETAILS
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
AREA 35 - University Place
BASEMENT None
CONSTRUCTION Metal Siding, Vinyl Siding
EXTERIOR Garden
HEAT Electric, Forced Air, Natural Gas
INTERIOR Dbl Pane/Storm Window, Dining Room, Walk-In Closet(s)
LOT 0.4356 acre(s)
LOT DESCRIPTION Dead End Street, Open Space, Value In Land
MLS STATUS Active
PARKING Driveway, Off Street, RV Access/Parking
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION University Place
TAXES 5495
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION City, Territorial
WATER Public

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/25/26 8:01 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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