$899,000
Est. $4,646/mo19200 Vashon Highway Sw, Vashon, WA 98070
• Listed 2026-08-28•12 days on market
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Rare development opportunity on Vashon Island! This 3-acre undeveloped corner lot in rural Vashon township comes nearly shovel-ready with completed Design Development for a stunning 10,000 SF retail market, designed by the highly acclaimed team of Floisand Studio Architects and Karen Kiest, Landscape Architects. The plan features a thoughtful series of single-story retail spaces connected by skylit breezeways, encircling a multifunctional open-air courtyard designed for dining, community gatherings, and play — complete with a sustainable rainwater harvesting system. Positioned directly across from the original K2 manufacturing plant, this property offers highly desirable split zoning (Commercial Business & Residential), with potential to add residential units on the 1-acre residential-zoned portion. The property also includes 1 coveted District 19 water share. The north end of the market is perfectly positioned for a flagship anchor tenant, giving an investor or operator the ability to secure an immediate draw for the entire development from day one. Submit for permit and bring your dream team builder to execute this context-driven, enduring architectural landmark in a prime island location. A rare package of completed pre-development work — including Design Development documents, 95% Permit Drawings, Traffic Study, Geotech Report, Landscape Design, and Survey — puts this project years ahead of a typical ground-up acquisition.
Listed by Erica Dorland • Lake & Company
Listing updated: August 28, 2026 at 03:36pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2574014
19200 Vashon Highway Sw, Vashon, WA 98070
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
Vashon Island 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.
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Vashon 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: The average home goes pending in around 13 days.
$630,000 Sold
4 months ago
3 bd•1.5 ba•~1,220 sq ft•Single Family
9917 Sw 206th Court, Vashon, WA 98070
5%
Over list
—
Days on market
0.9 mi
Distance
$665,000 Sold
4 months ago
3 bd•1 ba•~1,040 sq ft•Single Family
19047 87th Place Sw, Vashon, WA 98070
2%
Over list
—
Days on market
0.7 mi
Distance
$981,500 Sold
5 months ago
3 bd•2 ba•~2,040 sq ft•Single Family
10519 Sw 188th Street, Vashon, WA 98070
3%
Over list
—
Days on market
0.5 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 28, 2026 at 03:36pm (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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Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (5)
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Open Sat, Sep 12
Open Sun, Sep 13
Open Sun, Sep 13
Open Sun, Sep 13$882,000
-$17,000 under list price
Nearby comparable homes
RexMont uses 4 strongest recent nearby sales, priced between $665K and $930K.
Rental earnings
$2,650/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$930,000Last sold price
19920 Ridge Road Sw, Vashon, WA 98070
$665,000Last sold price
16526 87th Avenue Sw, Vashon, WA 98070
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.
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