823 173rd ST S, Spanaway, WA 98387
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823 173rd ST S, Spanaway, WA 98387
823 173rd ST S, Spanaway, WA 98387
823 173rd ST S, Spanaway, WA 98387
823 173rd ST S, Spanaway, WA 98387
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Elliott Franklin

Elliott Franklin

+1(206) 915-6350
Listed by:COMPASS • Josiah Willis
$ 1,149,000
Est. payment /mo
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823 173rd ST S Spanaway, WA 98387

3 Beds

2.5 Baths

1,900 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $604

Subdivision Lake Park

MLS Listing ID 2567698

Style 10 - 1 Story

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1975

Annual Tax Amount $10,107

Lot Size 0.875 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State WA

County Pierce

Area 99 - Spanaway

Rooms

Basement None

Main Level Bedrooms 3

Interior

Interior Features Bath Off Primary, Dbl Pane/Storm Window, French Doors, Water Heater

Flooring Ceramic Tile, Hardwood

Fireplace false

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Deck, Dock, Outbuildings, RV Parking

Waterfront Description Low Bank,Lake

View Y/N Yes

View Lake, Territorial

Roof Type Composition

Garage Yes

Building

Lot Description Paved, Secluded, Value In Land

Story One

Sewer Available, Septic Tank

Water Individual Well

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Bethel

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Elliott Franklin

Elliott Franklin

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+1(206) 915-6350

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823 173rd ST S