Listed by COMPASS
$680,000
OPEN SAT 1PM - 3PM $20K PRICE DROP

20901 SE 268th St Covington, WA 98042

Estimated payment $4,144/month

Total Views 5,921
3 Beds
3 Baths
2,000 Sq Ft
$340 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 0.35 Acre Lot
  • Secluded Lot
  • Lake View
  • Deck
  • Wooded Lot

About This Home

First time on the market in over 20 years! This beautifully updated 3BD, 2.5BA daylight basement rambler sits on a 1/3+ acre lot in the desirable Pipe Lake community with coveted beach rights. Relax on the elevated front deck with lake views or unwind on the private rear deck off the primary suite. Features include covered RV parking, a detached shop, full fencing. Updates include all new windows, 50-yr GAF roof, remodeled baths with tile surrounds, updated kitchen with new appliances and countertops, fresh flooring, replaced decks and railings, new backyard fence, gas conversion, two gas fireplaces. A rare gem in a prime lakeside neighborhood! Pre-inspection has been done! Please request for report.

Listing Agent

Alex Hong

COMPASS License #129048 Listed on: 08/10/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2418966

Northwest Multiple Listing Service (NWMLS)

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,376

Year Built

  • Built in 1964

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Value in Land

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Wet Bar
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Jenkins Creek Elementary School
  • Cedar Heights Jnr Hi Middle School
  • Kentlake High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Pipe Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,376

Year Built

Built in 1964

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1964
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2418966?w=Consumer&agent=113471
  • Special Features: OpenHouse

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Elevator, Fireplace, French Doors, Skylight(s), Water Heater, Wet Bar
  • Living Area: 2000
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 2000
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Torch Down
  • View: Lake, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterAccess: Beach Rights

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Parking Features: Attached Carport, Detached Carport, Driveway, Off Street, RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fully Fenced, Security Gate
  • Cooling: 90%+ High Efficiency, Forced Air, Heat Pump, None
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Covington Water District
  • WaterHeaterLocation: Under stairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Kent
  • High School: Kentlake High
  • Middle Or Junior School: Cedar Heights Jnr Hi

Lot Info

  • Parcel Number: 0252000550
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3535
  • Lot Size Sq Ft: 15400
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,Gated Entry,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6376

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Jenkins Creek Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,376 $625,000 $325,000 $300,000
2023 $5,678 $525,000 $180,000 $345,000
2022 $5,558 $597,000 $205,000 $392,000
2021 $4,992 $462,000 $171,000 $291,000
2020 $4,729 $392,000 $171,000 $221,000
2018 $4,608 $359,000 $160,000 $199,000
2017 $4,122 $350,000 $125,000 $225,000
2016 $4,157 $310,000 $112,000 $198,000
2015 $4,023 $292,000 $104,000 $188,000
2014 -- $277,000 $99,000 $178,000
2013 -- $221,000 $84,000 $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2025 09/27/25 For Sale $680,000 0.0% $340 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
09/13/2025 09/13/25 Price Changed $680,000 -2.9% $340 / Sq Ft
08/10/2025 08/10/25 For Sale $700,000 -- $350 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $270,450 Stewart Title
Warranty Deed $187,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $54,090 Stand Alone Second
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2418966

Northwest Multiple Listing Service (NWMLS)

APN: 025200-0550