Listing provided courtesy of The Agency Bainbridge IslandNWMLSMLS# NWM2524425MLS Provider
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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.

Source: NWMLS, MLS#: NWM2524425

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  • Property Type
    Residential
  • Lot
    40.50 acres

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  • Median Age
    52
  • Population Density
    285
  • College Educated
    50%
  • Estimated Median Income
    $95,103
  • Estimated Total Home Owners
    3,089
  • Estimated Total Renters
    792
  • Owner / Renter Divide
    80% / 20%
  • Estimated Average Household Size
    2
  • Total Population
    9,273
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12426 NE Philip Drive S


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/16/2026Source: NWMLS Added to Database
May 16, 2026