Bought with: Asay Realty
$1,000,000
$779,900
28.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2.5 Baths
4,520 SqFt
SOLD DATE : 08/11/2026
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $221
Subdivision University Place
MLS Listing ID 2551036
Sold Date 08/11/26
Style 16 - 1 Story w/Bsmnt.
Bedrooms 5
Full Baths 1
Year Built 1964
Annual Tax Amount $8,705
Lot Size 0.558 Acres
Property Sub-Type Single Family Residence
Property Description
Rare offering in the highly desirable UP School District! Bring this 4,520 sq. ft. mid century home back to its original glory or unlock the property's exceptional development potential. Nestled in the established Rolling Hills Estates neighborhood, this property offers a private, peaceful setting on a quiet street with no HOA, just minutes from shopping, dining, parks & everyday conveniences. The seller strongly prefers to sell this property together with the adjacent 8,772 sq. ft. vacant lot, creating a combined 33,098 sq. ft. opportunity. Whether you envision creating a private estate w/room for a DADU, gardens, & expansive outdoor living, or pursuing future development. The property also features an existing in-ground pool (currently not operational) w/an expansive deck for entertaining. This is the kind of estate where you could host unforgettable gatherings. Based on preliminary discussions w/consultants, there may be potential to complete a Boundary Line Adjustment (BLA), creating the opportunity for two additional homes of approximately 3,200+ sq. ft. each, or potentially develop up to six homes across the combined parcels. Buyer to verify all development potential, build-ability, subdivision feasibility, utilities, permitting requirements, to their own satisfaction. A June 2026 appraisal for both home & vacant lot is available upon request. Estate sale. Property is being sold AS-IS, with no warranties or representations by the seller. Vacant Land listing MLS #2551449
Location
State WA
County Pierce
Area 34 - University Place
Rooms
Basement Daylight
Main Level Bedrooms 3
Interior
Interior Features Dbl Pane/Storm Window, Fireplace, French Doors, Pantry, Skylight(s), Vaulted Ceiling(s), Wet Bar
Flooring Ceramic Tile, Hardwood, Carpet
Fireplaces Number 2
Fireplaces Type Gas
Fireplace true
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Exterior
Exterior Feature Wood
Amenities Available Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Story One
Sewer Sewer Connected
Water Public
Architectural Style Mid-Century Modern
New Construction No
Schools
School District University Place
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
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