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$399,950
3 Beds ⋅ 1 Baths ⋅ 2563704 MLS ⋅ ACTIVE Status
Just a short walk from Spanaway Lake, this single level home offers a great combination of space, location and a large backyard. Featuring 3 bedrooms, 1 bathroom and approximately 1,055 sq ft, the layout includes a comfortable living room with fireplace, dedicated dining area and additional finished area perfect for a home office, craft room or hobby space. A new roof and fresh exterior paint take care of two of the bigger-ticket updates, while the home still offers plenty of opportunity to add your own touches over time. Step outside to a large, fully fenced backyard with alley access for all your toys, plenty of room to garden, play or entertain, and even a view of the lake from your backyard. Enjoy being close to Spanaway Lake and Spanaway Park, Lake Spanaway Golf Course and Sprinker Recreation Center, with shopping, dining and Joint Base Lewis-McChord also nearby. With a spacious yard, flexible living space and easy access to some of the area's best recreation, this home offers a lot to appreciate both inside and out.

640 161st Street S, Spanaway

Listing courtesy of Timber Real Estate.

$1,149,000
3 Beds ⋅ 3 Baths ⋅ 2567698 MLS ⋅ ACTIVE Status
A rare opportunity on Spanaway Lake—where lifestyle, legacy and development potential converge. Set on an oversized ~0.87-acre waterfront parcel with nearly 100 feet of lake frontage, this property offers a level of scale and flexibility seldom found along the lake. Nearly double the size of nearby parcels, this exquisite parcel boasts an existing single-family home that sits near the OHWM and captures sweeping 180° lake views from inside, creating an immediate emotional connection to the water, while a separate 1-bedroom, 1-bath DADU adds guest, rental or multigenerational flexibility. For recreation buyers, this is a chance to own a substantial private lake property with room to create a true waterfront retreat. For investors and developers, the upside may be equally compelling: Urban Corridor (UCOR) zoning, significant parcel depth, and preliminary County discussions indicating potential paths for attached housing, townhomes or multifamily redevelopment, subject to shoreline, critical-area, sewer and land-use approvals (Buyer to Verify). County staff has also identified a gravity sewer connection up the street, providing a possible infrastructure path for future intensification. Large waterfront parcels with this combination of views, frontage, existing improvements, income potential and redevelopment optionality are increasingly difficult to find. Preserve it, enhance it, or explore what comes next—this is a property with the ingredients to become something exceptional.

823 173rd Street S, Spanaway

Listing courtesy of COMPASS.

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