Courtesy of Skyline Properties, Inc. and NWMLSNWMLS

OverviewEstate Overview - $525,000Closed

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17275 SE WAX Road,

Covington, WA 98042

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...See More

  • 0 Beds
  • 0 Baths
  • 41625 Sqft
  • Land/commercial

OverviewListing Details

Status:Closed
Original Listing Price: $ 525,000
Listing Date: 02/17/2026
Days on dealty:Was on Dealty for 18 days
County:King
MLS Type:NWMLSNWMLS
Built In:
Has HOA:No
Status Change Date:March 07, 2026
Pool:No
Cumulative Days on market:4 days
Last Updated:04/06/2026, 10:54:46 PM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Land
Flooring
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Interior Spaces
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Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
  • View: Territorial
Lot Details
  • Lot size: 0.9556 Acres / 41625 Square feet
  • Topography : Level

AmenitiesAmenities

Utilities
  • Utilities Available - Electricity Available, Natural Gas Available
Laundry
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Parking
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HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
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Neighborhood
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NeighborhoodExplore The Area

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AgentListing Agent

Agent
Terri Han

(Skyline Properties, Inc.)

MLS # NWM2481170

17275 SE WAX Road

Covington, WA 98042

$525,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/17275-se-wax-road-covington-wa-98042
Approx sqft
41625
Year Built
Lot Size
41625 sqft/ 0.957 acres

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 p...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 04/06/2026, 10:54:46 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.