Mariners Outlook Phase 2-4
Premier Development Approved for 82 Lots
Marketing description
Mariners Outlook is the premier development opportunity in Sequim. Approved for 82 generous lots featuring full city utilities and
infrastructure, Mariners Outlook offers the largest parcels available within Sequim city limits. This prime land boasts easily workable
topography and stunning views overlooking John Wayne Marina, Sequim Bay, and Mount Baker. Nestled beside the established Cedar
Ridge community, future residents will enjoy an exceptional setting with convenient access to town, the John Wayne Marina, and the
Olympic Discovery Trail. Phase one, comprising 25 shovel-ready lots with permits secured and bids finalized, can break ground tomorrow.
Don't miss out on this exceptional opportunity!
Investment highlights
The finished lot value will be about $200K per lot with an acquisition cost of $85K per lot and development costs of approximately $54K per lot. That has finished lot cost at under $140K with a $60K gross profit or cost savings for a developer.
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