About this home

Bring your vision to this unique Spanaway investment and development opportunity! Situated on a fully fenced .75-acre lot, this property offers two existing homes along with exciting potential for future use or redevelopment. The main home is approximately 1,215 sq. ft., with an additional 716 sq. ft. dwelling on the property. With zoning that may allow for up to 5 units, there are a variety of possibilities for investors, builders, and developers to explore. The existing homes provide an opportunity for substantial renovation or redevelopment depending on your plans for the property. Conveniently located near Pacific Avenue, shopping, schools, Spanaway Lake, and local parks and recreation. Cash sale only. Property is being sold as-is. Buyer to verify zoning, subdivision, development potential, and all property information to their satisfaction.

Exterior features

Wood Products

Property details

Heating: Forced Air
Cooling: None
Parking: Driveway, Off Street
Lot: Corner Lot, Dead End Street, Open Space
Water source: Individual Well
Sewer: Septic Tank
Levels: One

Costs

Price / sq ft: $181
Annual taxes: $4,581 (2025)

Estimate your monthly payment

$2,147/mo

Principal & interest: $1,766
Property taxes: $382

Down payment (20%) $69,840 Interest rate (%) Loan term (years)

Loan amount $279,360

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Spanaway, WA 98387

Approximate location. Contact us to confirm the exact address.

Listing courtesy of BHGRE - Northwest Home Team— Adeline Denslow.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

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