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JRJeff ReynoldsCompass · Seattle
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Listed by Candice Frazier, Best Choice Realty LLC

Land
Type
217,800 sq ft
Lot
353
Days on market

About this property

Price Improvement on this Rare opportunity in Spanaway. This 5-acre parcel includes a 1960s three-bedroom rambler with an unfinished basement and room to bring your vision to life. Large parcels in this location are hard to find. A 2017 feasibility study and preliminary site survey offer a starting point for exploring future possibilities. Whether you’re considering a renovation, development, or a long-term investment, this property is worth a closer look. Buyer to verify zoning, permitted uses, and current development requirements.

Location & commute

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Directions

Property details

Listing details

Listing number
#2585203
Listed
October 2, 2025
Days on market
353

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Open Space
Lot size
217,800 sq ft

Terms

Terms offered
CashConventionalFHARehab Loan

Utilities

Utilities
Electricity AvailableSeptic Design Installed
Water
In StreetPrivate Well
Sewer
Available

Schools

District
Bethel
Elementary
Evergreen Elem
Middle
Cedarcrest Jnr High
High
Spanaway Lake High

What stands out to you?

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  • None
  • Open Space
  • Cash
  • Conventional
  • FHA
  • Rehab Loan
  • Electricity Available
  • Septic Design Installed
  • In Street
  • Private Well
  • Available

Listing history

  1. Listed

    $699,000

    October 2, 2025

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

$4,071

Principal & interest
$3,535
Property tax (est.)
$536

Assumes $139,800 down (20%), a $559,200 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

Based on information submitted to the MLS GRID as of September 20, 2026 at 5:30 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.