823 173rd Street S, Spanaway, WA 98387
- $1,149,000
- 3
- BD
- 3
- BA
- 1,900
- SqFt
Listing courtesy of COMPASS.
- List Price
- $1,149,000
- Status
- ACTIVE
- MLS#
- 2567698
- Days on Market
- 0
- Bedrooms
- 3
- Finished SqFt
- 1,900
- Area Total SqFt
- 1900
- Annual Tax Ammount
- 10107
- Lot Size (sq ft)
- 38,100
- Sewer
- Available, Septic Tank
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.
Additional Information
- Community
- Lake Park
- Style
- 10 - 1 Story
- Basement
- None
- Year Built
- 1975
- Total Covered Parking
- 2
- Waterfront
- Yes
- Waterfront Description
- Low Bank, Lake
- View
- Lake, Territorial
- Roof
- Composition
- Site Features
- Deck, Dock, Outbuildings, RV Parking
- Tax Year
- 2026
- School District
- Bethel
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Interior Features
- Bath Off Primary, Dbl Pane/Storm Window, French Doors, Water Heater
- Flooring
- Ceramic Tile, Hardwood
- Driving Directions
- From Pacific Avenue, go west on 173rd St. Property is on the right off a private driveway with address markers at the road.
- Appliance
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Water Heater Location
- Garage
- Water Heater Type
- Electric
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.