Perfect for the savvy builder-developer ready to capitalize on the market demand for new construction this area is experiencing. Phase 3 of Osprey Ridge is ready for development-water & sewer connections are already paid in full (current value over $100k) along with Architectural & Engineering plans for a six condo building site with potential to grow up to 14 units on the site. Beautifully located in the picturesque resort village of Port Ludlow, one of the Pacific Northwest's most desirable areas on the Olympic Peninsula. Easy drive to Poulsbo, Port Townsend, and Kingston, well within reach to enjoy Seattle ferries and airport access.