$1,350,403
Est. $7,480/moPrice reduced $145,597 from the original $1,496,000 asking price
3 bd•2 ba•2,146 sq ft
12426 NE Philip Drive S, Kingston, WA 98346
• Listed May 16, 2026•108 days active · 108 cumulative
Listing Broker: The Agency Bainbridge Island; Per Sherwin; 206-979-5896; persherwin@comcast.net
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Listing Broker: The Agency Bainbridge Island; Per Sherwin; 206-979-5896; persherwin@comcast.net
About this home
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: September 21, 2026 at 09:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524425
Around this home
How much should you offer?
12426 NE Philip Drive S, Kingston, WA 98346
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
Interior features
- Bath Off Primary
- Ceiling Fan(s)
- Dining Room
- Fireplace
- Skylight(s)
- Vaulted Ceiling(s)
- Water Heater
- Fireplace (wood burning)
- Daylight, Partially Finished basement
Kitchen
- Stove(s)/Range(s)
- Washer
Bedrooms
- 3 bedrooms total
- 2 on the main level
- 1 on the lower level
Bathrooms
- 2 full bathrooms
- 1 on the main level
Layout
- 2 Story
- 2,146 sq ft finished
Flooring
- Concrete
- Hardwood
- Vinyl
Heating & cooling
- Heat Pump heating
- Stove/Free Standing heating
- Heat Pump cooling
Schools
Ratings via SchoolDiggerNorth Kitsap #400 School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 1331x1227x1342x1323
- Topography
- Equestrian,Partial Slope
- Vegetation
- Brush, Fruit Trees, Garden Space, Pasture
- Zoning code
- RR
- Zoning jurisdiction
- County
- Faces
- South
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Lower Level
- Power company
- PSE
- Water company
- Private well
- Sewer company
- Septic
- Irrigation water rights
- No
- Internet connected
- Century Link
- Cable connected
- Century Link
Green & certifications
- Energy-efficient features
- Double Wall
Rooms & extras
- Fireplaces upstairs
- 1
- Excluded items
- No
New construction
- Construction methods
- Double Wall,Post & Beam
- Square footage source
- MLS
- Lot size source
- County
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
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 12426 NE Philip Drive S
NWMLS via MLS Grid · Kitsap 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 21, 2026Price reducedNWMLS via MLS Grid · #2524425$1,350,403$629/sq ft
- May 16, 2026ListedNWMLS via MLS Grid · #2524425$1,496,000$697/sq ft
Mortgage payment forecast
$8,102 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: The Agency Bainbridge Island; Per Sherwin; 206-979-5896; persherwin@comcast.net
Market pulse
Kingston 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 96 days.
Recent sales nearby
Within 1 mile · last 6 months$540,000 Sold
6 days ago
3 bd•2 ba•~1,648 sq ft•Single Family
12506 NE Virginia Court, Kingston, WA 98346
8%
Under list
117
Days on market
0.5 mi
Distance
$485,000 Sold
7 weeks ago
3 bd•2 ba•~1,600 sq ft•Single Family
21351 Howard Avenue, Kingston, WA 98346
0%
Over list
30
Days on market
0.3 mi
Distance
$1,960,000 Sold
8 weeks ago
4 bd•2.25 ba•~2,780 sq ft•Single Family
12388 NE Marine View Drive, Kingston, WA 98346
2%
Under list
34
Days on market
0.5 mi
Distance
$414,000 Sold
2 months ago
3 bd•2 ba•~1,932 sq ft•Single Family
12591 NE Douglas Drive, Kingston, WA 98346
3%
Over list
43
Days on market
0.3 mi
Distance
$1,150,000 Sold
2 months ago
3 bd•2.5 ba•~2,908 sq ft•Single Family
22188 Star Fish Place NE, Kingston, WA 98346
0%
Over list
71
Days on market
0.9 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 19, 2026 at 4:43 PM 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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