Listed by Mary Cope, Terrafin
- 4
- Bedrooms
- 3
- Bathrooms
- 2,950
- Square feet
- $474
- Per sq ft
- Single Family Residence
- Type
- 1975
- Year built
- 52,200 sq ft
- Lot
- 44
- Days on market
About this property
Experience lakefront living w/107± feet of low-bank waterfront SPANNING 2 PARCELS, w/breathtaking Mt. Rainier views & rare opportunity to create a legacy property. With a BUILDABLE LOT, allowing you to live comfortably in the existing home while designing & building your dream waterfront residence. Whether you envision a custom estate, multigenerational living, future investment potential, this unique offering provides unmatched flexibility. Designed for everyday comfort & effortless entertaining, this home showcases stunning lake views from the updated kitchen, main-floor primary suite, daylight basement, & expansive Ironwood deck. The remodeled kitchen & main-flr baths feature timeless finishes, The daylight basement offers a spacious great rm, wet bar, & direct access to the backyard, propane fireplaces on both levels create yr-round warmth. A new furnace & heat pump provide efficient, modern comfort. Outside, embrace the waterfront lifestyle w/evenings at the fire pit, boating from the Trex-deck dock w/a solar-powered boat lift, & endless days on the lake. Updates include a contemporary garage door, durable 50-year rf. The arbor draped in grapevines, along w/mature apple & pear trees, adds to the property's charm. The expansive grounds provide abundant space for recreation, guest parking, RVs, boats, & all your toys. Rare opportunity to own an extraordinary waterfront retreat w/spectacular views, tranquility, recreation, & exceptional future potential come together.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2562854
- Listed
- July 31, 2026
- Days on market
- 44
- Price per sq ft
- $474
Unit & building
- Unit levels
- One
Parking
- Parking
- DrivewayAttached GarageRV Parking
- Covered spaces
- 2
- Total spaces
- 2
Views
- View
- LakeMountains
Construction
- Year built
- 1975
- Style
- 16 - 1 Story w/Bsmnt.
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced AirHeat Pump
- Cooling
- Heat Pump
- Energy source
- Electric
Interior features
- Features
- Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Water HeaterWine/Beverage RefrigeratorWired for Generator
- Fireplaces
- 2
- Fireplace type
- Gas
Flooring
- Flooring
- Ceramic TileVinylCarpet
Appliances
- Appliances
- DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot features
- Dead End StreetOpen Space
- Lot size
- 52,200 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventionalFHA
Utilities
- Water
- Spanaway Water
- Sewer
- Septic Tank
- Power
- Puget Sound Energy
Schools
- District
- Bethel
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One
- Driveway
- Attached Garage
- RV Parking
- Lake
- Mountains
- House
- Composition
- Forced Air
- Heat Pump
- Electric
- Bath Off Primary
Listing history
Listed
$1,399,000
July 31, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$8,147
- Principal & interest
- $7,074
- Property tax (est.)
- $1,073
Assumes $279,800 down (20%), a $1,119,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings

$999,990
823 173rd Street S
Spanaway, WA

$1,050,000
2222 215th Street E
Spanaway, WA

$1,150,000
915 to 917 173rd Street S
Spanaway, WA

$1,150,000
915 to 917 173rd Street S
Spanaway, WA

$1,288,000
2315 262nd Street Ct E
Spanaway, WA

$1,288,000
2315 262nd Street Ct E
Spanaway, WA
Based on information submitted to the MLS GRID as of September 14, 2026 at 3:30 PM PDT. 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.