$1,496,000
Est. $7,580/mo3 bd•2 ba•2,146 sq ft
12426 Ne Philip Drive S, Kingston, WA 98346
• Listed 2026-05-16•22 days on market
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Based on information submitted to the MLS GRID as of May 21, 2026 at 12:29pm (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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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.
Listed by Per Sherwin • The Agency Bainbridge Island
Listing updated: May 21, 2026 at 12:29pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524425
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (4)
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Open Sat, Jun 13 +1Open Sat, Jun 13Open Sat, Jun 13Open Sat, Jun 13$923,000
-$573,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $849K and $1.32M.
Rental earnings
$2,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$930,000Last sold price
12520 Ne Marine View Drive, Kingston, WA 98346
$849,000Last sold price
21582 President Point Road Ne, Kingston, WA 98346
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.
12426 Ne Philip Drive S, Kingston, WA 98346
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.
Neighborhood mobility
$8,238 per month
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$1,150,000
22188 Star Fish Place Ne, Kingston, WA 98346
Tara McCaulley · Windermere Bellevue Commons
$1,600,000
23506 Seatter Road Ne, Kingston, WA 98346
Gretchen L Allen · RE/MAX Northwest
$1,600,000
23506 Seatter Road Ne, Kingston, WA 98346
Gretchen L Allen · RE/MAX Northwest
$1,175,000
11956 Ne Jefferson Point Road, Kingston, WA 98346
Betsy Tarpley · Coldwell Banker Bain
$1,328,000
23178 Aslan Place Ne, Kingston, WA 98346
Amy McFarland · COMPASS
$1,667,000
9741 Ne White Horse Drive, Kingston, WA 98346
Sena Johnston-Krause · Redfin
Kingston is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$1,110,000 Sold
1 week ago
3 bd•2 ba•~2,980 sq ft•Single Family
13100 Ne James Way, Kingston, WA 98346
4%
Under list
—
Days on market
0.8 mi
Distance
$425,000 Sold
6 weeks ago
3 bd•2 ba•~1,728 sq ft•Single Family
12611 Ne Douglas Dr, Kingston, WA 98346
1%
Over list
—
Days on market
0.3 mi
Distance
$849,000 Sold
6 weeks ago
2 bd•1 ba•~1,636 sq ft•Single Family
21582 President Point Road Ne, Kingston, WA 98346
0%
Over list
—
Days on market
0.7 mi
Distance
$375,000 Sold
6 weeks ago
2 bd•2 ba•~1,396 sq ft•Single Family
20481 Stephen Drive Ne, Kingston, WA 98346
0%
Over list
—
Days on market
0.4 mi
Distance
$639,777 Sold
6 weeks ago
3 bd•1 ba•~1,977 sq ft•Single Family
21356 Jefferson Beach Road Ne, Kingston, WA 98346
0%
Over list
—
Days on market
0.4 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 Jun 2026
North Kitsap #400 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.
