17275 SE WAX Road Covington, WA $ 525,000
17275 SE WAX Road
$ 525,000
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17275 SE WAX Road

Covington, WA, 98042
$ 525,000
Baths0.0

Monthly Estimate*

$ 3,233

Listed by Skyline Properties, Inc.
17275 SE WAX Road, Covington, WA 98042 - Image 1
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Studio

Lots and Land for sale in Covington, WA

for $525,000. The lot size is 0.9556.

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!

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Lots and Land Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,290

Style

Multi-Family

Lot Size

0.9556

Town/City

Covington

County/Region

King

MLS | Web ID

2481170

Features
General
Living Area 0
Sewer In Street
Utilities Electricity Available Natural Gas Available
Possession Closing
HOA Fee 0
View Territorial
Topography Level
Property Subtype Land
Tax Year 2025
Waterfront Features Creek
County King
Property Type Land
HOA N
Subdivision Name Covington
Special Listing Conditions None
Status Active
Directions Pls follow GPS. Lot is next to the Dental office.
High School Buyer To Verify
City Covington
Senior Community Y/N N
High School District Kent
MLS Area 320 - Black Diamond/Maple Valley
Lot Size Units Square Feet
Lot Size Square Feet 41625
Carport Y/N N
Listing Terms Cash
Elementary School Buyer To Verify
Tax Annual Amount 5290
Middle/Junior High School Buyer To Verify
Public Remarks Secure 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
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Property Features Brush Garden/Fruit Trees
Gas Status In Street
Property Style 42 - Multi-Family
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved
Water Source In Street
Building Area Total 0
Lot Size Acres 0.9556
Waterfront Y/N Y
Road Responsibility County
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2481170
Street Number 1 17275
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* Excluded Features
List By
Terri Han

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$3,673
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100430 Elementary School
3100085 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$525,000 Listed Price

Map


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17275 SE WAX Road, Covington, WA, 98042 is a Lots and Land for sale at $525,000 with a lot size of 0.9556. 17275 SE WAX Road is a studio with 0.0 baths. The property's zip code is 98042 which is in Covington, WA