Rare opportunity in Covington! This 8.6-acre fully fenced and cross-fenced property offers level pasture, privacy, flexibility, and outstanding income potential. A long private driveway, recently paved with asphalt, creates an impressive entrance and leads you across peaceful Jenkins Creek to a comfortable 1,950 sq. ft. home featuring 3 bedrooms, 2 full baths, and a relaxing sauna. A major highlight is the impressive 4,000 sq. ft. shop, offering parking for 10+ vehicles, abundant storage, large office space, a spacious bedroom, and a full bathroom. This versatile setup creates excellent possibilities for a home-based business, guest quarters, multi-generational living, or potential rental income. With usable acreage, pastureland, and a highly functional layout, this property delivers space, privacy, and opportunity all in one.
Active
Listed by: Coldwell Banker Bain
Price cut: $45.5K (5/18)
$1,349,500
18222 SE Wax Road, Covington, WA 98042
5beds
1,950sqft
Single Family Residence
Built in 1990
8.16 Acres Lot
$1,310,900 Zestimate®
$692/sqft
$-- HOA
What's special
Usable acreageHighly functional layoutLarge office spaceRelaxing saunaLong private drivewayLevel pastureAbundant storage
- 65 days |
- 942 |
- 56 |
Zillow last checked:
Listing updated:
Listed by:
William Albright,
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2503186
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Garage
Bathroom full
- Level: Garage
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Heat Pump, High Efficiency (Unspecified), Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Sauna
- Flooring: Hardwood, Laminate
- Windows: Skylight(s)
- Has fireplace: No
- Fireplace features: Electric, Gas, Wood Burning
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached Garage, Detached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 10
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Sauna, Security System, Skylight(s)
- Has view: Yes
- View description: River, Territorial
- Has water view: Yes
- Water view: River
- Waterfront features: Low Bank, Creek, No Bank
Lot
- Size: 8.16 Acres
- Features: Cable TV, Fenced-Fully, Gated Entry, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
- Topography: Level,Partial Slope
- Residential vegetation: Fruit Trees, Garden Space, Pasture
Details
- Parcel number: 1922069129
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,2 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1990
- Major remodel year: 1990
Utilities & green energy
- Sewer: None
- Water: Individual Well, Private
Community & HOA
Community
- Security: Security System
- Subdivision: Covington
Location
- Region: Covington
Financial & listing details
- Price per square foot: $692/sqft
- Tax assessed value: $1,219,000
- Annual tax amount: $12,913
- Date on market: 4/9/2026
- Cumulative days on market: 70 days
- Listing terms: Conventional,FHA,See Remarks,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,310,900
$1.25M - $1.38M
$3,486/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Price change | $1,349,500-3.3%$692/sqft |
Source:  NWMLS as distributed by MLS GRID #2503186 Report a problem | ||
| 4/13/2026 | Listed for sale | $1,395,000+26.8%$715/sqft |
Source: NWMLS as distributed by MLS GRID #2503186 Report a problem | ||
| 2/18/2022 | Sold | $1,100,000+10%$564/sqft |
Source: NWMLS as distributed by MLS GRID #1878976 Report a problem | ||
| 1/31/2022 | Pending sale | $1,000,000$513/sqft |
Source: NWMLS as distributed by MLS GRID #1878976 Report a problem | ||
| 1/31/2022 | Listed for sale | $1,000,000$513/sqft |
Source: NWMLS as distributed by MLS GRID #1878976 Report a problem | ||
| 1/23/2022 | Pending sale | $1,000,000$513/sqft |
Source: NWMLS as distributed by MLS GRID #1878976 Report a problem | ||
| 1/20/2022 | Listed for sale | $1,000,000-27.3%$513/sqft |
Source: NWMLS as distributed by MLS GRID #1878976 Report a problem | ||
| 11/21/2017 | Listing removed | $1,375,000$705/sqft |
Source: Teambuilder KW #1217496 Report a problem | ||
| 11/10/2017 | Pending sale | $1,375,000$705/sqft |
Source: Teambuilder KW #1217496 Report a problem | ||
| 11/5/2016 | Price change | $1,375,000-23.6%$705/sqft |
Source: Caliber Real Estate #1014653 Report a problem | ||
| 9/20/2016 | Pending sale | $1,800,000$923/sqft |
Source: Caliber Real Estate #1014653 Report a problem | ||
| 9/13/2016 | Price change | $1,800,000-14.3%$923/sqft |
Source: Caliber Real Estate #1014653 Report a problem | ||
| 8/16/2016 | Listed for sale | $2,100,000+881.3%$1,077/sqft |
Source: Caliber Real Estate #1014653 Report a problem | ||
| 10/7/2011 | Sold | $214,000-6.6%$110/sqft |
Source: NWMLS as distributed by MLS GRID #243557 Report a problem | ||
| 9/28/2011 | Pending sale | $229,000$117/sqft |
Source: Windermere Real Estate/East, Inc. #243557 Report a problem | ||
| 9/15/2011 | Price change | $229,000-9.8%$117/sqft |
Source: Windermere Real Estate/East, Inc. #243557 Report a problem | ||
| 9/9/2011 | Listed for sale | $254,000$130/sqft |
Source: Windermere Real Estate/East, Inc. #243557 Report a problem | ||
| 8/15/2011 | Pending sale | $254,000$130/sqft |
Source: Windermere Real Estate/East, Inc. #243557 Report a problem | ||
| 7/20/2011 | Price change | $254,000-9%$130/sqft |
Source: Windermere Real Estate/East, Inc. #243557 Report a problem | ||
| 7/2/2011 | Listed for sale | $279,000+91.1%$143/sqft |
Source: Windermere Real Estate/East, Inc. #243557 Report a problem | ||
| 6/8/2011 | Sold | $146,000-91.4%$75/sqft |
Source: Public Record Report a problem | ||
| 10/6/2005 | Sold | $1,700,000+771.8%$872/sqft |
Source: Public Record Report a problem | ||
| 9/9/1997 | Sold | $195,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,712 +6.4% | $1,219,000 +11.9% |
| 2023 | $11,008 -7.9% | $1,089,000 -9.4% |
| 2022 | $11,949 +3% | $1,202,000 +17.2% |
| 2021 | $11,598 +21.8% | $1,026,000 +29.1% |
| 2020 | $9,520 +5.7% | $795,000 +6% |
| 2019 | $9,008 +13.8% | $750,000 +5.9% |
| 2018 | $7,917 +0.3% | $708,000 +11.5% |
| 2017 | $7,897 +15.3% | $635,000 +9.7% |
| 2016 | $6,847 | $579,000 +9.5% |
| 2015 | $6,847 | $529,000 +6.4% |
| 2014 | $6,847 | $497,000 +20% |
| 2013 | $6,847 | $414,000 +7.5% |
| 2012 | -- | $385,000 -6.3% |
| 2011 | -- | $411,000 -14% |
| 2010 | -- | $478,000 |
| 2009 | -- | $478,000 +20.1% |
| 2007 | -- | $398,000 +14.7% |
| 2006 | -- | $347,000 +5.2% |
| 2005 | -- | $330,000 +8.2% |
| 2001 | $4,389 +2.6% | $305,000 +6.6% |
| 2000 | $4,276 | $286,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 98042
Nearby schools
GreatSchools rating
- 5/10Crestwood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Mattson Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Kentwood High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Crestwood Elem
- Middle: Mattson Middle
- High: Kentwood High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Covington
- 98042
- 18222 SE Wax Road
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