Property Details

1602 172nd Street E
Spanaway, WA 98387
$800,000
MLS# 2540752 courtesy of NWMLS Listing firm: COMPASS

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1602 172nd Street E, Spanaway, WA 98387, Spanaway

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1602 172nd Street E, Spanaway, WA 98387, Spanaway

1 / 4
0.0
Baths
0.87
Acres

About This Home

0.87-acre infill development site in the heart of Spanaway, one of Pierce County’s growing residential corridors. Zoned NCOR (Neighborhood Corridor), the property benefits from a density range designed to support efficient residential development, with an allowable range of 24 to 40 dwelling units per acre. Conceptual planning supports Twelve 3-story stacked duplexes, plus conversion on the existing house to a duplex, creating a total concept of 26 units. The proposed stacked duplex includes ground floor one bedroom suites and larger two level upper suites. The compact building design is intended to help control construction costs, improve site efficiency, and maximize flexibility. Qualifying residential projects may benefit from Pierce County housing incentives, including expedited review pathways, waived or reduced fees, and site design flexibility, subject to County eligibility and approval. With continued demand for attainable housing and a limited supply of infill land, the site presents a compelling opportunity for developers to deliver a product aligned with today’s market. Its manageable size supports efficient site planning, lower development complexity, and a potentially faster path from acquisition to execution. The combination of NCOR zoning, infill scarcity, conceptual 26-unit planning, and housing demand makes this an attractive opportunity for builders seeking a well-located residential development site in the South Sound.

Property Details

Property Information

Property Type Land
Subtype Land
Status Active
County Pierce
Neighborhood Spanaway
Listed Jun 18, 2026
Parcel Number 3256000180

Tax & HOA

Annual Property Tax $7,178 (2026)
Est. Monthly Tax $598/mo

Interior Features

Bathrooms 0.0

Exterior & Lot

Lot Size 0.87 sqft
Sewer Available, In Street
Water Source On Property
Utilities Electricity Connected, Septic Design Installed
Lot Features Paved

Community & Access

Directions From Pacific Ave S, head east on 176th St E. Turn left on 15th Ave E, then right on 172nd St E. Property is on the right.

Location

City Spanaway
County Pierce
Coordinates 47.10028, -122.40846

Schools

School District Bethel
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School Buyer To Verify

Additional Information

Tax Year 2026
Annual Taxes $7,178
Possession Array

Mortgage Calculator

Estimated Monthly Payment
$0
Down Payment $0
Loan Amount $0

Provided by Beyond Real Estate, LLC

Listed By
Matt J. Harris
COMPASS

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