$1,500,000
Listed at $1,499,9003 bd•1 ba•2,450 sq ft
20812 Se 268th Street, Covington, WA 98042
• Listed 2026-05-13
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Based on information submitted to the MLS GRID as of July 27, 2026 at 04:05am (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.
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Paradise found...Check every box on your wish list, with nearly 100 feet of Pipe Lake waterfront the idyllic setting for your remodeled single-level home. Enjoy daily wildlife sightings with hardly any other homes in sight as you gaze out at the lake across your shy 1/2 acre estate. At the heart of the home is the remodeled kitchen with farmhouse sink, subway tiles, shaker cabinets, deluxe Jenn-Air range, wine fridge, breakfast bar, oversized skylight & lake views. Formal dining room with built-in cabinets flows to the living room with vaulted ceilings, wood fireplace & brand new carpet. Expansive multi-level deck was designed with lakeside living and entertaining in mind, and the hot tub and sauna complete the "spa experience" backyard. Wake up to lakefront views every morning in your dreamy primary suite boasting an attached bath remodeled in 2026, a walk-in closet with custom build-outs, & French doors exiting out to the deck. Detached two-car garage plus a MIL or studio space above with full compact-sized kitchen, 3/4 bath, sleeping alcove & living room. Tucked away on a dead-end street and adjacent a wooded 37 acre property privately owned by a church, enjoy the best that the PNW has to offer on your coveted low-bank waterfront with a grassy yard by the shore, floating boat dock, sandy beach, rare driveway access all the way to the water & boat/RV parking.
Listed by Nick Gerisilo • John L. Scott, Inc
Listing updated: July 27, 2026 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2523365
$833,000
-$667,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $775K and $930K.
Rental earnings
$2,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$849,950Last sold price
20911 Se 268th Street, Covington, WA 98042

$775,000Last sold price
20517 Se 261st Place, Covington, WA 98042
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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Amber Bills Clarke · The Amber Bills Group
Covington is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 8 days.
$1,299,000 Sold
2 weeks ago
6 bd•5 ba•~3,367 sq ft•Single Family
25507 Lot 6 204th Place Se, Covington, WA 98042
0%
Over list
—
Days on market
0.8 mi
Distance
$1,195,452 Sold
4 weeks ago
6 bd•4 ba•~3,367 sq ft•Single Family
25525 Lot 1 204th Place Se, Covington, WA 98042
4%
Over list
—
Days on market
0.8 mi
Distance
$998,637 Sold
5 weeks ago
4 bd•4 ba•~3,196 sq ft•Single Family
255110 Lot 22 204th Place Se, Covington, WA 98042
5%
Over list
—
Days on market
0.8 mi
Distance
$1,000,750 Sold
5 weeks ago
6 bd•3 ba•~3,202 sq ft•Single Family
25526 Lot 19 204th Place Se, Covington, WA 98042
10%
Under list
—
Days on market
0.8 mi
Distance
$1,127,481 Sold
2 months ago
6 bd•4 ba•~3,202 sq ft•Single Family
25504 Lot 14 204th Place Se, Covington, WA 98042
1%
Under list
—
Days on market
0.8 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 Jul 2026
Kent School District
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.