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Listed by Per Sherwin • The Agency Bainbridge Island.
FOR SALE

$3,495,000

Est. $19,359/mo

Price reduced $417,000 from the original $3,912,000 asking price

3 bd•1.5 ba•2,146 sq ft

12426 NE Phillip Drive S, Kingston, WA 98346

• Listed May 17, 2026•107 days active · 107 cumulative

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★★★★★5.0·1,242 Google reviews

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 116-acre legacy property in the heart of Kingston offering an extraordinary opportunity for development, investment, recreation, or creation of a private generational estate. Comprised of three parcels, this rare offering combines scale, usability, privacy, and convenience in a way that is increasingly difficult to find in North Kitsap.The property includes a 40.5-acre parcel featuring an existing residence, shop, and infrastructure, together with two adjoining undeveloped parcels, one at 40.3 contiguous acres and another 35.5 parcel. Gently rolling terrain, expansive clearings, wooded settings, and sun-filled landscapes create a remarkable Pacific Northwest setting with exceptional flexibility and future potential.Located just minutes from downtown Kingston, the Seattle ferry, beaches, trails, schools, shopping, and dining, the property offers the rare combination of significant acreage with close proximity to everyday amenities and major commuter access. Zoned RR with substantial long-term potential, the offering may appeal to developers, investors, estate buyers, recreational users, or those seeking a premier long-term land holding.Large contiguous acreage opportunities of this scale and location rarely come available. Whether envisioned as a phased development opportunity, private compound, equestrian property, recreational retreat, or landmark legacy estate, this is one of the most compelling large land offerings in the Western Washington market.

Property type
Single Family
Year built
1981
Interior
2,146 sq ft
Lot size
115.9998 acres
Parking
Driveway, RV Parking
Price / sq ft
$1629
HeatingHeat Pump
CoolingDuctless
Property taxes$3,407/yr (est.)
School districtNorth Kitsap #400

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 #2525160

Around this home

RexMont OfferEdge™

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12426 NE Phillip Drive S, Kingston, WA 98346

List price
$3,495,000
Down payment
$699,000

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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

  • Ceiling Fan(s)
  • Fireplace
  • Skylight(s)
  • Walk-In Closet(s)
  • 2 fireplaces (wood burning)
  • Partially Finished basement

Kitchen

  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 3 bedrooms total
  • 2 on the main level
  • 1 on the lower level

Bathrooms

  • 1 full bathroom
  • 1 half bathroom
  • 1.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 2,146 sq ft finished

Flooring

  • Concrete
  • Hardwood
  • Laminate
  • Carpet

Heating & cooling

  • Heat Pump heating
  • Ductless cooling

Schools

Ratings via SchoolDigger

North Kitsap #400 School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · 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

Faces
South

Systems

Energy source
Electric
Power production
Electric
Power company
PSE
Water company
Individual Well
Sewer company
Septic
Irrigation water rights
No
Internet connected
Century Link
Cable connected
Century Link

Rooms & extras

Bathtubs
1
Showers
1
Fireplaces on main
1
Fireplaces lower level
1

New construction

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.

Members

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Sales & Tax Records for 12426 NE Phillip Drive S

NWMLS via MLS Grid

Every 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.

  1. Sep 21, 2026
    Price reduced
    NWMLS via MLS Grid · #2525160
    $3,495,000
    $1,629/sq ft
  2. May 17, 2026
    Listed
    NWMLS via MLS Grid · #2525160
    $3,912,000
    $1,823/sq ft

Mortgage payment forecast

$20,517 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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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.

Buyer's marketSeller's market
  • 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.

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Market 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 7:04 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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