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Listed by: Per Sherwin (206) 979-5896 | The Agency Bainbridge Island (206) 842-2041
$1,350,403
Monthly Est:$6,721
3 Beds
- 2 Baths
2 full baths
2,146sqft
12426 NE Philip Dr S, Kingston, WA 98346
$1,350,403
$6,721/moEst:
Get Pre-Approved
Single Family Residence
Built in 1981
$-- HOA
40.5 acres lot
$629/sq.ft
Description
Stunning 40.5-acre development and investment opportunity in highly sought-after Kingston. Formerly part of a larger 116-acre legacy holding, this exceptional property offers gently sloping topography, abundant sunlight, peaceful natural surroundings, and significant future potential. Zoned RR, the property presents an outstanding opportunity for a luxury estate, gated compound, equestrian retreat, vineyard concept, or potential future development play. Existing improvements include a 2-bedroom, 2-bath residence, expansive shop, and substantial covered equipment/RV storage. Residence is a fixer & being sold as-is and may serve well as an interim residence, rental, field office, or staging base during planning and development. Possible KPUD water availability adds additional long-term upside potential for investors and developers to explore. Prime North Kitsap location just minutes to Kingston ferries, golf, beaches, trails, Indianola, and area amenities. Property is contiguous to an additional available 40-acre parcel & another non-contiguous 35 acre parcel, creating the rare potential for a combined large-acreage assemblage. Additional acreage opportunities may also be available. Shown by appointment only.
- Houzeo last checked: 11 hours ago
- Listing updated: September 21, 2026 at 4:28 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2524425

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1981
HOA Fees
-
Finished Area
2,146 sqft
Lot Size
40.5 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2524425
MLS Status
Active
Days on Market
138
Cumulative Days on Market
138

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Den/Office
Level: Lower
Dining Room
Level: Main
Entry Hall
Level: Main
Family Room
Level: Lower
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Primary Bedroom
Level: Main
Utility Room
Level: Lower
Bathroom Full
Level: Lower
Bathroom Full
Level: Main
Bedroom
Level: Lower
Bedroom
Level: Main
Interior
Heating
Heat Pump, Stove/free Standing
Cooling
Heat Pump
Sewer
Septic Tank
Interior Features
Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Water Heater
Flooring
Concrete, Hardwood, Vinyl
Exterior Features
Wood
Appliances
Stove(s)/range(s), Washer
Construction
Year Built
Year Built: 1981
Home type
Single Family Residence
Architectural Style
Traditional
Roof
Composition
Foundation Details
Poured Concrete
Property Condition
Fixer
Construction Materials
Wood
Utilities & Energy
Parking Features
Driveway, Rv Parking
Water Source
Individual Well
Basement
Daylight, Partially Finished
Fireplace Features
Wood Burning
Other Features
Lot Features
Open Space, Secluded, Value In Land
Subdivision Name
President Point
Vegetation
Brush, Fruit Trees, Garden Space, Pasture
Price History
| Date | Event | Price |
|---|---|---|
05/16/2026 Source: | Price Decreased | $1,350,403 -9.73% $629/sqft |
05/16/2026 Source: | Listed for Sale | $1,496,000 $697/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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