Situated on over one acre within the City of Wenatchee Urban Growth Area, this exceptional development opportunity is zoned High Residential, offering outstanding flexibility for a wide range of residential uses. Permitted uses include modular homes, single family residences, cottages, duplexes, townhomes, and, among other approved uses, multifamily development. The property is currently improved with a manufactured home generating $825 per month in rental income, providing immediate cash flow while future plans are developed. Preliminary feasibility work indicates the potential to subdivide into approximately 9 to 10 lots, presenting an exciting opportunity for builders, developers, or investors. Buyer to verify all development potential to their own satisfaction. Owner financing is available with acceptable terms. Conveniently located just minutes from the heart of downtown Wenatchee, approximately 3 miles from the Columbia River waterfront, Pybus Market, and riverfront trails, and about 15 miles from Mission Ridge Ski & Board Resort, this property offers easy access to year round recreation, shopping, dining, and outdoor adventure. Contact your agent for additional information regarding the preliminary subdivision work and development potential.