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JRJeff ReynoldsCompass · Seattle

20254 108 Ave SE, Kent, WA 98031

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Active

Listed by Harry Waraich, Skyline Properties, Inc.

Active1 days on market

$1,395,000

20254 108 Ave SE, Kent, WA 98031

Kent, WA, 98031

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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

Land
Type
23,771 sq ft
Lot
1
Days on market

About this property

ATTENTION BUILDERS, DEVELOPRS & INVESTORS! Don't miss this Rare opportunity to acquire a fully approved and PERMIT-READY 9-townhome development site in the highly desirable Panther Lake community of Kent. Zoned NR-4A, this shovel-ready project includes all City of Kent approved and stamped plans, including site development, civil, architectural, structural, utility, and engineering documents. Construction drawings are complete, allowing a developer to begin site preparation and construction immediately. The project features nine modern three-story townhomes, each offering 2,000+sq.ft of thoughtfully designed with spacious layouts including, 3 bed, 2.5 bath, kitchen with dinning & pantry, office space, laundry, refined living space, storage, patio, deck, car garage & much more. The existing home has already been demolished and removed, saving additional time and costs. Conveniently located with easy access to major freeways, schools, shopping, restaurants, public transportation, parks, and other amenities. ALL THE CONSTRUCTION PERMITS ARE READY TO GO. Exceptional investment opportunity with strong profit potential!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2560505
Listed
July 28, 2026
Days on market
1

Unit & building

Building
Park Place Townhomes

Views

View
Territorial

Construction

Style
42 - Multi-Family
Structure
None

Community & building features

Features
Trail(s)

Lot

Lot features
Corner LotPavedSidewalk
Lot size
23,771 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
In StreetOn Property
Sewer
In Street

Schools

District
Kent
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. Listed

    $1,395,000

    July 28, 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

$8,124

Principal & interest
$7,054
Property tax (est.)
$1,070

Assumes $279,000 down (20%), a $1,116,000 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 30, 2026 at 1:30 AM 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.