3311 Bridgeport Way W, University Place, WA 98466 (MLS # 2573684)
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Listing provided courtesy of Northwest MLS; Pellego, Inc.
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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 |
| 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 |
TOTAL MONTHLY PAYMENT
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Properties with the 
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 1:32 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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