PROPERTIES FOR SALE

17275 WAX Road Covington, WA 98042

NWMLS Courtesy of Skyline Properties, Inc.
17275 WAX Road
Covington, WA 98042
$525,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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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!

Property Features

Community: Covington
Multi-Family
View: Territorial
Waterfront: Creek
Brush
Garden/Fruit Trees
Pool: Above Ground
2025 Taxes: $5290.00
Buyer Broker Comp.: 2.5%
Listing #: 2481170

Lot Details

Lot Size: 0.96 acres
Paved
Topography: Level
Road: County Maintained
Road: County Right of Way

Utilities

Electricity: In Street
Water: In Street
Gas: In Street
Sewer: In Street

Schools

District: Kent
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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