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Listed by Michael J. Comer • John L. Scott R.E. Lake Tapps.
FOR SALE

$724,900

Est. $3,870/mo

Price reduced $25,100 from the original $750,000 asking price

1020 120th Avenue E, Edgewood, WA 98372

• Listed May 19, 2026•134 days active · 134 cumulative

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Listing Broker: John L. Scott R.E. Lake Tapps; Michael J. Comer; 253-370-5500; mikecomer@msn.com

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Listing Broker: John L. Scott R.E. Lake Tapps; Michael J. Comer; 253-370-5500; mikecomer@msn.com

About this home

EDGEWOOD – Rare 2-parcel package totaling 2.33 acres (.77 + 1.56). Zoned at 2 homes per acre, this exceptional property offers a variety of possibilities, from a signature estate to a multi-generational compound. A simple boundary line adjustment may allow for 2 desirable building sites with room for septic, or preserve the full acreage for a mini farm, home-based business, investment opportunity, or shared retreat. Nestled among high-end homes, the property is mostly cleared, lightly treed, partially fenced, and includes a small recreational cabin. Enjoy sweeping territorial views in a peaceful, secluded setting. An older septic evaluation is available however, the seller has no additional studies or reports. An “assumed” wetland on the neighboring parcel to the north may influence future homesite placement, with the most favorable building area appearing to be along the west side of the property. The site features an approximate 15-foot slope from the west property line down toward 120th. Property is being sold as a package only. Buyers and buyer’s agents to verify all information to their own satisfaction. Seller is motivated; please keep feasibility timelines reasonable and complete as much due diligence as possible prior to submitting an offer.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
2.3333 acres
Parking
None
Price / sq ft
Not listed
Property taxes$6,811/yr (est.)
School districtPuyallup

Listed by Michael J. Comer • John L. Scott R.E. Lake Tapps

Listing updated: September 21, 2026 at 09:36am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2525796

Open houses

No upcoming open houses scheduled for this property.

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RexMont OfferEdge™

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1020 120th Avenue E, Edgewood, WA 98372

List price
$724,900
Down payment
$144,980

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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

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Puyallup 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.

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

$4,619 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: John L. Scott R.E. Lake Tapps; Michael J. Comer; 253-370-5500; mikecomer@msn.com

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Market pulse

Edgewood is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

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 69 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 09:36am (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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