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18517 SE 271st Place, Covington, WA, 98042

5beds
4baths
2,634sqft
$759,950
$289price/sqft
$4,667/moest. monthly cost
$186,680/yrincome needed

About This Home

Move In Ready! Come Tour The Models for the 18 New Construction Homes In Covington! This Home Features 2634 sq ft 5 Bedrooms 3.25 Baths. Kitchen with Eating Area, Walk-In Pantry, and Quartz Counters opens into Family Room. Covered Deck off the Family Room. Bedroom and 3/4 Bath on main living area. Three bedrooms upstairs with a cozy Loft Area. Primary Bedroom has Bath and Walk-In Closet. Downstairs is a Guest Ensuite/Bonus Room with a 3/4 Bath and Patio off the Bedroom. 2-Car Garage, Heating/Cooling. Model Open Weekends 11-4 & Weekdays 1-5. Community is Close to everything. Special Financing when working with The Preferred Lender. 20% Down Payment Assistance available.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

4/10
3/10
4/10
Kentlake High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Very Good
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Other

  • Builder name: MTTPNW,LLC

Type & Style

  • Home type: SingleFamily
  • Architectural style: 3 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Water Heater: Electric,Water Heater Location: Garage

Basement

  • Basement: None

Bathroom Full

  • Level: Third

Bathroom Three Quarter

  • Level: Second

Bathroom Three Quarter

  • Level: Main

Bathroom Three Quarter

  • Level: Third

Bedroom

  • Level: Main

Bedroom

  • Level: Third

Bedroom

  • Level: Third

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Entry Hall

  • Level: Main

Family Room

  • Level: Second

Features

  • Bath Off Primary,Dining Room,Pantry
  • Window features: Dbl Pane/Storm Window
  • Flooring: Laminate,Vinyl,Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Forced Air,Heat Pump

Interior Area

  • Total structure area: 2,634
  • Total interior livable area: 2,634 sqft

Kitchen With Eating Space

  • Level: Second

Master Bedroom

  • Level: Third

Utility Room

  • Level: Third

Property

Details

  • Parcel number: 36913000120
  • Special condition: Standard

Features

  • Entry location: Main
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Pantry,Walk-In Closet(s),Water Heater
  • Topography of land: Level

Lot

  • Lot size: 2,726 sqft
  • Features: Corner Lot,Curbs,Paved,Sidewalk

Parking

  • Total spaces: 2
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,842$46,104
Home Insurance *$164$1,968
Property Taxes $481$5,772
Electricity $180$2,162
Total$4,667$56,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$160,011/yr
40% on housing$140,010/yr
45% on housing$124,453/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$289This listing

vs Other Active Listings

Avg $/sqft

ZIP 98042$302
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98042$322
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Price change$759,950
2026-04-03Price change$769,950
2026-01-07Listed for sale$779,950

New Construction Spec

AgentRay Koltermann
BrokerageWindermere RE/Lake Tapps, Inc

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