Introducing Mikaela's Ridge—a rare opportunity to acquire a fully entitled, shovel-ready 14-lot residential community in the heart of desirable South Hill Puyallup. Situated on 2.39 acres just off 122nd St E, this exceptional builder opportunity allows you to bypass years of planning and move directly into construction. Preliminary engineering, civil plans, approvals, and contractor bid packages are available, providing a streamlined path from acquisition to development. Located in one of Pierce County's strongest housing markets with convenient access to Meridian, shopping, dining, schools, and commuter routes, Mikaela's Ridge is ideally positioned to meet continued buyer demand. A premier opportunity for builders and developers seeking their next ready-to-build community. Utilities available, engineered plans complete, and bid packages in hand—everything is in place to break ground and bring this community to life. *Buyer to verify all development information, approvals, engineering, permits, bids, and utility availability to their own satisfaction.

Property type

Single Family

Year built

Not listed

Interior

Not listed

Lot size

2.39 acres

Parking

None

Price / sq ft

Not listed

Property taxes$6,061/yr (est.)

School districtPuyallup

Listed by Rick W. Seddon • John L. Scott, Inc.

Listing updated: September 21, 2026 at 05:21pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2550186

Open houses

No upcoming open houses scheduled for this property.

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RexMont Value Snapshot

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How much should you offer?

11416 122nd Street E, Puyallup, WA 98374

Your offerDown payment %

Waive financing Pre-inspection

List price

$1,999,990

Down payment

$399,998

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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.

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

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Mortgage payment forecast

$11,682 per month

Great rate

Principal and interest

Property taxes

HOA dues

Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhood Compare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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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Market pulse

Puyallup 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 70 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 05:21pm (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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