17275 Wax Road, Covington, WA 98042

Local realty services provided by:Tucker Realty ERA Powered
Listed by: terri han
Office: skyline properties, inc.
MLS#:2481170
Source:NWMLS
17275 Wax Road,Covington, WA 98042
$525,000
  • 0.96 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$525,000

About this home

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

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Home facts

  • Listing ID #:2481170
  • Updated:February 21, 2026 at 01:58 PM

Structure and exterior

  • Lot area:0.96 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:In Street
  • Sewer:In Street

Finances and disclosures

  • Price:$525,000
  • Tax amount:$5,290 (2025)
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