$950,000
Est. $5,262/moPrice reduced $150,000 from the original $1,100,000 asking price
45 Tolt Ave, Carnation, WA 98014
• Listed May 30, 2025•637 days active · 637 cumulative
Listing Broker: Windermere Real Estate/East; Paul Isenburg; 206-948-5885; pauli@windermere.com
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Listing Broker: Windermere Real Estate/East; Paul Isenburg; 206-948-5885; pauli@windermere.com
About this home
Unique opportunity for permit-ready commercial building on prime visibility corner lot in central Carnation business district. Rapidly growing town with needs for commercial business sites. Building includes 2 large retail spaces, 1175 & 1295 sq ft on main floor; middle floor offers 3 large office space: 1378, 1566 & 2575 sq ft spaces; 3 top floor apartments: 821, 1237 & 1408 sq ft. 8 parking stalls; center corridor space w/ common baths & elevator. 40 ft height; 15,297 lot size; 113' Tolt front footage. Site civil work is complete; ready to pull permit & start construction on this keystone property in rejuvenating & growing town. Hundreds of new homes under construction will need new services/business options. Great time to fill the needs
Listed by Paul Isenburg • Windermere Real Estate/East
Listing updated: September 17, 2026 at 11:36am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2382383
Around this home
How much should you offer?
45 Tolt Ave, Carnation, WA 98014
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Comm/Industrial
Schools
Ratings via SchoolDiggerRiverview School District
- Carnation Elementary SchoolPublic · Grades PK-5 · State rank 202 of 1,1388/10
- Tolt Middle SchoolPublic · Grades 6-8 · State rank 122 of 5148/10
- Cedarcrest High SchoolPublic · Grades 9-12 · State rank 29 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.21 acres
- Lot square feet
- 8,940 sq ft
- Lot dimensions
- 133x110x67x100
- Topography
- Level
- Lot number
- 15-17
- Block
- 15
- Lot details
- Alley, Corner Lot, Curbs, Paved, Sidewalk
Zoning & use
- Zoning code
- CBD
- Zoning description
- Business,Commercial,Office,Retail
- Zoning jurisdiction
- City
- Possible use
- Business, Commercial, Office, Retail
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- Available
- Gas
- Available
- Water
- Available, In Street, On Property
- Water jurisdiction
- City of Carnation
- Sewer
- Available, On Property
Road & access
- Road surface
- Paved
- Road responsibility
- County
- Road information
- County Maintained,Paved
- Road on which side
- west & South
Surveys & reports
- Survey
- completed by Stantec 12/17
- Public land survey
- 16/25/7
- Sketch submitted
- Yes
- Reports and documents completed
- Drainage,Geotech,See Remarks,Topographical
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $3,130
- Tax year
- 2025
- Senior exemption
- No
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 45 Tolt Ave
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 17, 2026Price reducedNWMLS via MLS Grid · #2382383$950,000
- Sep 17, 2026Price reducedNWMLS via MLS Grid · #2382385$950,000
- May 30, 2025ListedNWMLS via MLS Grid · #2382383$1,100,000
- May 30, 2025ListedNWMLS via MLS Grid · #2382385$1,100,000
- Apr 15, 2019Recorded saleKing County recorder · Deed$3,696
- Mar 30, 2015SoldNWMLS via MLS Grid · #566907$139,000
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$5,761 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere Real Estate/East; Paul Isenburg; 206-948-5885; pauli@windermere.com
Market pulse
Carnation is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 108 days.
Recent sales nearby
Within 1 mile · last 6 months$525,000 Sold
1 week ago
3 bd•1.75 ba•~1,920 sq ft•Single Family
5609 318th Avenue NE, Carnation, WA 98014
25%
Under list
78
Days on market
0.6 mi
Distance
$769,990 Sold
1 week ago
3 bd•2.5 ba•~1,460 sq ft•Single Family
31922 NE 55th Street, Carnation, WA 98014
1%
Under list
173
Days on market
0.5 mi
Distance
$1,095,000 Sold
2 weeks ago
4 bd•2.75 ba•~2,720 sq ft•Single Family
4579 327th Place NE, Carnation, WA 98014
0%
Over list
90
Days on market
0.5 mi
Distance
$554,990 Sold
3 weeks ago
3 bd•2.5 ba•~1,369 sq ft•Single Family
31808 Myrtle #34 Street, Carnation, WA 98014
3%
Under list
124
Days on market
0.2 mi
Distance
$549,990 Sold
3 weeks ago
3 bd•2.5 ba•~1,369 sq ft•Single Family
31832 Myrtle #38 Street, Carnation, WA 98014
5%
Under list
119
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 4:05 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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