823 173rd Street S

Spanaway, WA
$ 1,075,000 Beds 3 Baths 2.5 Sq 1,900
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,075,000
  • City
  • Spanaway
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • PIERCE
  • Half Bathrooms
  • 1
  • Area
  • Spanaway
  • Lot Size
  • 0.8747 Acres
  • Zip
  • 98387
  • Sqr Footage
  • 1,900
  • Year Built
  • 1975
  • Taxes
  • $ 10107
  • Style
  • 1 Story
  • MLS#
  • 2575872
Listed By: COMPASS and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 1900
Sewer Available,Septic Tank
Heating Forced Air,Heat Pump
Cooling Central Air
Possession Closing
Roof Composition
Appliances Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer
Year Built 1975
View Lake,Territorial
Topography Level,Partial Slope
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Low Bank,Lake
County Pierce
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Lake Park
Facing Direction South
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions From Pacific Avenue,go west on 173rd St. Property is on the right off a private driveway with address markers at the road.
High School Buyer To Verify
City Spanaway
Entry Location Main
Senior Community Y/N No
High School District Bethel
MLS Area 99 - Spanaway
Lot Size Units Square Feet
Lot Size Square Feet 38100
Carport Y/N No
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 10107
Middle/Junior High School Buyer To Verify
Public Remarks A rare opportunity on Spanaway Lakewhere lifestyle,legacy and development potential converge. Set on an oversized ~0.87-acre waterfront parcel with nearly 100 feet of lake frontage,this property offe
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Well
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Bath Off Primary,Dbl Pane/Storm Window,French Doors,Water Heater
Basement None
Flooring Ceramic Tile,Hardwood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Water Heater Type Electric
Water Heater Location Garage
Power Production Type Electric
Baths Half Main 1
Baths Full Main 2
Bathrooms 2.5

Exterior Features

Exterior Amenities Wood,Wood Products
Vegetation Pasture,Wooded
Parking Features Driveway,Attached Garage,RV Parking
Lot Features Paved,Secluded,Value In Land
Water Source Individual Well
Total Parking 2
Inclusions Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 1900
Lot Size Acres 0.8747
Waterfront Y/N Yes
Covered Spaces 2
Irrigation Water Rights Y/N No
Waterfront Footage 98
Site Features Deck,Dock,Outbuildings,RV Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Maple Falls, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Price History

8/29/2026 Listed $1,075,000

Property vs Zip Code Average in 98387

Price
AVG $580K
$1.08M
Taxes
AVG $4,691
$10,107
Year Built
AVG 2003
1975
Visits
AVG 323
10
Data Provided by Inside Real Estate®

Areas That We Cover

823 173rd Street S Spanaway, WA is a Single Family Home for sale at $1075000 with 1900 sqft and a lot size of 0.8747 Acres Acre(s). 823 173rd Street S Spanaway has 3 bedrooms, 2 baths and was built in 1975. The property's zip code is 98387 which is in Spanaway, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.