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JRJeff ReynoldsCompass · Seattle

Listed by Candice Frazier, Best Choice Realty LLC

Land
Type
217,800 sq ft
Lot
399
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

Add a destination, like work or the gym, for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the Spanaway area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2585203
Listed
October 2, 2025
Days on market
399
Original list price
$699,000

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

Listing history

  1. Listed

    $699,000

    October 2, 2025

  2. Current price

    $649,000

Derived from current MLS listing fields.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,780

Principal & interest
$3,282
Property tax (est.)
$498

Assumes $129,800 down (20%), a $519,200 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 November 5, 2026 at 10:20 AM PST. 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.

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