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Sold Closed March 6, 2026
$500,000
Waterfront
41,625 Sqft Lot
No Garage
SALE HISTORY
List price was $525,000
It took 4 days to go pending.
Then 13 days to close at $500,000
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!
Offer Review
No offer review date was specified
Listing source NWMLS MLS #
2481170
Listed by
Terri Han, Skyline Properties, Inc.
Buyer's broker
Debby Smith, John L. Scott, Inc
Contact our
Covington Waterfront
Real Estate Lead
TPG Realty | Keller Williams
Phone...
Property History
Mar 07, 2026
Sold
$500,000
NWMLS #2481170 Annualized 7.7% / yr
Feb 21, 2026
Went Pending
$525,000
NWMLS #2481170
Feb 17, 2026
Listed
$525,000
NWMLS #2481170
Nov 26, 2017
Sold
$270,000
NWMLS #1193551 Annualized -7.3% / yr
Jul 09, 2008
Sold
$550,000
More
Listing Details
  • Sale Price
    $500,000
  • Closing Date
    March 6, 2026
  • Last List Price
    $525,000
  • Original Price
    Same
  • List Date
    February 17, 2026
  • Pending Date
    February 21, 2026
  • Days to go Pending
    4 days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2481170
  • Listing Broker
    Terri Han
  • Listing Office
    Skyline Properties, Inc.
  • Buyer's Broker
    Debby Smith
  • Buyer Broker's Firm
    John L. Scott, Inc
Monthly Payment Estimate
  • Principal and Interest
    $2,621 / month
  • Property Taxes
    $441 / month
  • Homeowners Insurance
    $104 / month
  • TOTAL
    $3,166 / month

  • based on 20% down
    ($100,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    41,625 sqft Lot
  • Lot Size Source
    KCR
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2025 Property Taxes
    $5,290 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Kent
  • Elementary
    Buyer To Verify
  • Middle
    Buyer To Verify
  • High School
    Buyer To Verify
Waterfront
  • Waterfront
    Yes
  • Type
    Creek
  • Frontage
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • Territorial
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Paved
Appliances
Terms
  • Bank Owned (REO)
    No
Utilities
  • Sewer
    In Street
  • Water Source
    In Street
Additional Info
  • Waterfront
    Yes
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 320
  • Number of Photos
    16
  • Last Modification Time
    Saturday, March 7, 2026 4:06 AM
  • System Listing ID
    5519807
Update Info
  • Closed
    2026-03-07 04:20:13
  • Pending Or Ctg
    2026-02-21 16:20:01
  • First For Sale
    2026-02-17 04:44:16
Listing details based on information submitted to the MLS GRID as of Saturday, March 7, 2026 4:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Sold March 6, 2026
$500,000   $525,000
NWMLS #2481170. Terri Han, Skyline Properties, Inc.
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.