$825,000
 $4,429 est/mo Sourced by Back At You

4011 Alameda Avenue,University Place, WA 98466

University Place, WA 98466

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Description

A rare opportunity to create something truly special. With two adjoining parcels totaling just shy of an acre and situated on the corner of Alameda Ave. and Emerson St. this unique property presents an increasingly rare opportunity: substantial land with the flexibility to create something uniquely your own. This property sits along the main public transportation line and is conveniently located near Cirque Park, Fircrest Community Center, Trader Joes and Whole Foods. The original home on the property is a 1950s mid-century residence and was once a vibrant home surrounded by beautiful and expansive grounds. While the property is ready for its next chapter, its character and history provide an inspiring starting point. Perhaps the best part? You have options. Restore the existing home and bring its original mid-century character back to life or explore the potential of starting fresh and investigate redevelopment or subdivision. Bring your architect, builder, or development team and explore what this property could become. Whether your dream is a private estate, a restored architectural gem, or a potential development project, this property offers a rare canvas on which to create it. The possibilities are here. Now it's time to bring your vision to life.

Details

MLS #2587874
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site12
Listing Provided ByWindermere Abode | Allison O'Hagan

Features

ZoningResidential
Acreage0.93

Taxes

Property5952

Area Information

StateWA
CountyPierce
CityUniversity Place
Zip Code98466
Area34 University Place
Community NameUniversity Place
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in University Place)
Price:
$825,000
low | high
Med:
$657,000
70.363636363636% of Average
On site:
12
low | high
Med:
40
30% of Average
Sourced by Back At You

Market Activity 98466

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Learn More About This Property

StateWA
CountyPierce
CityUniversity Place
Zip Code98466
Area34 University Place
Community NameUniversity Place
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in University Place)
Price:
$825,000
low | high
Med:
$657,000
70.363636363636% of Average
On site:
12
low | high
Med:
40
30% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $618K - $1.31M
sqft: 0 - 0
Listing Updated: October 14, 2026 at 5:47:40 PM PDT