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About the Listing 4704 - 108769
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.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Residential
MLS ®
2575872
Year Built
1975
Total Square Footage
2,620
Lot/Acreage
0.87
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full / 1 Half
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
- Air Cond: Central Air
- Heating: Forced Air,Heat Pump
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Bath Off Primary,Dbl Pane/Storm Window,French Doors,Water Heater,Master on Main
- Water: Well
Exterior Details
- Lot Description: Paved,Secluded,Value In Land,Built On Lot,Detached,Deck,Dock,Outbuildings,RV Parking,Low Bank,Lake
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof: Composition
- Others: Wood,Wood Products,Has ADU
- Sewer: Septic
- Parking Features: Driveway,Attached Garage,RV Parking
Financial Details
- Tax Amount: $10,107
- Taxes w/Assessments: N/A
- Tax/Property ID: 0319294130
- Tax Year: 2026
Payment Calculator
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Questions About..
823 173rd St S Spanaway, WA 98387
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