Active · Residential

12426 NE Philip Drive S, Kingston, WA 98346

Kingston, WA 98346

$1,350,403

3 bedrooms · 2 bathrooms · 2,146 sq ft

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Listing provided by The Agency Bainbridge Island · MLS #2524425 · Active

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About this property

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.

Property details

Property type: Single Family Residence
Year built: 1981
Lot size: 1,764,180 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $3,407 (2026)
Parking spaces: 5
School district: North Kitsap #400

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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