Pending

$525,000

0 Beds 0 Baths 0 SQFT 0.96 Acres
Type: Pending

17275 SE WAX Road
Covington, WA 98042

MLS#: 2481170
Presented by: Skyline Properties, Inc. and NWMLS

Property Description

 

Secure a rare footprint in the heart of Covington’s Downtown Master Plan area. This high-yield development site consists of two adjacent parcels totaling ~0.96 acres(41,265 sqft) , specifically positioned to benefit from the city's aggressive push for mid-rise, compact, and pedestrian-oriented housing. Optimal Zoning (MHO - Mixed Housing/Office)-Designed for high-density infill, the MHO zone supports a variety of housing types, including multi-family, townhomes, and cottage housing, as well as professional office space. The City of Covington is actively incentivizing redevelopment to meet its 2044 target of 4,310 new housing units. While a preliminary 14-unit townhome plan proposed, current state and local trends favor even higher density for projects near transit and commercial hubs. Level & Paved: Minimal site preparation is required compared to raw land, with paved access already in place. Proximity to Lakepointe Urban Village which is set to deliver tons of retail spaces and residential units. The site is also directly adjacent to Jenkins Creek Park, which is undergoing major 2025 improvements, including a new main entrance and parking on Wax Road, significantly increasing local walkability and neighborhood appeal. Tons of Potentials! Buyer to verify all information with City of Covington!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces0

General

Building Area Units0 sqft
Carport Y/NNo
CityCovington
CountyKing
DirectionsPls follow GPS. Lot is next to the Dental office.
Elementary SchoolBuyer To Verify
Gas StatusIn Street
HOANo
HOA Fee$0
High SchoolBuyer To Verify
High School DistrictKent
Listing TermsCash
Living Area0 sqft
Lot Size Square Feet41,625 sqft
Lot Size UnitsSquare Feet
MLS Area320 - Black Diamond/Maple Valley
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
PossessionClosing
Property FeaturesBrush, Garden/Fruit Trees
Property Style42 - Multi-Family
Property SubtypeLand
Property TypeLand
Public RemarksSecure a rare footprint in the heart of Covingtons Downtown Master Plan area. This high-yield development site consists of two adjacent parcels totaling ~0.96 acres(41, 265 sqft), specifically position
Senior Community Y/NNo
SewerIn Street
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeMulti Family
Subdivision NameCovington
Tax Annual Amount$5,290
Tax Year2025
TopographyLevel
UtilitiesElectricity Available, Natural Gas Available
ViewTerritorial
Waterfront FeaturesCreek

Exterior

Building Area Total0 sqft
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.9556
Road ResponsibilityCounty
Water SourceIn Street
Waterfront Y/NYes

Additional Details

Price History

Schools 

Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School
High School Buyer To Verify High School

  

Similar Properties

$525,000

0 Beds 0 Baths 0 SQFT 0.96 Acres
Type: Pending

17275 SE WAX Road
Covington, WA 98042

MLS#: 2481170