I’d love to hear from both experienced developers and investors dipping their toes in.

I identified the replacement property within the 45 days, had an inspection and appraisal but just before closing I found out one unit had squatters and I didn't want to take that on so the deal fell apart and the qualified intermediary released the 1031 funds to me the day after tax day, April 17, 2025. 

The potential buyers don’t care whether or not the building is on the land, they’re just interested in the lands development potential.  

The lot is on a hill, so not all of it is fully usable.While it’s R4 zoning, I understand the 32’ frontage likely limits multifamily development (e.g., tough to build two-family without a variance), so this may appeal more to buy-and-hold investors, rehabbers, or end-users rather than developers.The property is vacant and in significant disrepair.

We're unable to identify many, if any, factors that would change our course.   

I am thinking about relocating to clermont and thinking of hiring a flipper to identify discounted properties for me to purchase and for them to get paid a handsome profit.

Has anyone developed any properties in the Chelan area and sold them for a profit?

Yeah, finding the right partners once you've identified your 'buy box' is key.

Would it make more sense to list with a local agent, sell direct to a developer, or market to buy-and-hold investors?

I work in infrastructure sales and energy project development.