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JRJeff ReynoldsCompass · Seattle

Listed by Joseph Q. Bauman, John L. Scott R.E.Tacoma North

3
Bedrooms
3
Bathrooms
1,730
Square feet
$347
Per sq ft
Single Family Residence
Type
1990
Year built
10,143 sq ft
Lot
25
Days on market

About this property

Welcome to Lancaster Gate in the heart of Covington! Situated on a quiet cul-de-sac, this 3-bedroom, 2.5-bath home presents an exceptional opportunity for buyers looking to build equity and make a home their own. Offering great bones and a functional floor plan, you'll find spacious living and dining areas, plus a sunken family room with a cozy wood-burning fireplace that creates a warm gathering space. The large backyard and entertainment-sized deck provide plenty of room for summer BBQs, gardening, pets, or play, while the covered front porch adds charm and curb appeal. A 2-car garage offers convenience and additional storage. This is currently the lowest-priced home of its size in the neighborhood, making it an outstanding value in a highly desirable location. With some cosmetic updates and personal touches, the potential to gain significant sweat equity is here. Whether you're a first-time buyer, investor, or someone looking for a home you can customize over time, this property offers a rare chance to create lasting value. Conveniently located near shopping, dining, parks, schools, and major commuter routes, you'll enjoy both the peaceful setting and easy access to everyday amenities. Don't miss this opportunity to invest in your future and unlock the potential this Lancaster Gate home has to offer!

Location & commute

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Directions

Property details

Listing details

Listing number
#2538992
Listed
June 18, 2026
Days on market
25
Price per sq ft
$347

Unit & building

Building
Lancaster Gate
Unit levels
Two

Parking

Parking
DrivewayAttached Garage
Covered spaces
2
Total spaces
2

Views

View
Territorial

Construction

Year built
1990
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceVaulted Ceiling(s)Walk-In Closet(s)Water Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
Engineered HardwoodCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Cul-De-SacPavedSidewalk
Lot size
10,143 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Covington
Sewer
Soos Creek
Power
PSE

Schools

District
Kent
Elementary
Jenkins Creek Elem
Middle
Cedar Heights Jnr Hi
High
Kentlake High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Driveway
  • Attached Garage
  • Territorial
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Bath Off Primary
  • Dbl Pane/Storm Window

Listing history

  1. Listed

    $599,950

    June 18, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,494

Principal & interest
$3,034
Property tax (est.)
$460

Assumes $119,990 down (20%), a $479,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.