$1,399,000
 $7,510 est/mo Sourced by Back At You

16925 Spanaway Loop Road,Spanaway, WA 98387

Spanaway, WA 98387

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Description

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.

Details

MLS #2562854
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1975
Days On Site46
Listing Provided ByTerrafin | Mary Cope

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,950
Garage2
BasementY
Story(s)1
Acreage1.20
Water FrontYes
Property ViewYes

Taxes

Property13540

Area Information

StateWA
CountyPierce
CitySpanaway
Zip Code98387
Area99 Spanaway
Community NameSpanaway Lake
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Spanaway Lake)
Price:
$1,399,000
low | high
Med:
$647,800
100% of Average
sqft:
2,950
low | high
Med:
2,510
64.915254237288% of Average
$ / sqft:
$474
low | high
Med:
$258
95.578372713577% of Average
On site:
46
low | high
Med:
214
21.495327102804% of Average
Sourced by Back At You

Market Activity 98387

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Learn More About This Property

StateWA
CountyPierce
CitySpanaway
Zip Code98387
Area99 Spanaway
Community NameSpanaway Lake
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Spanaway Lake)
Price:
$1,399,000
low | high
Med:
$647,800
100% of Average
sqft:
2,950
low | high
Med:
2,510
64.915254237288% of Average
$ / sqft:
$474
low | high
Med:
$258
95.578372713577% of Average
On site:
46
low | high
Med:
214
21.495327102804% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.49M - $1.748M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
915 To 917 173rd Street Property Photo 1
$1,150,000
915 To 917 173rd Street
Spanaway, WA 98387
915 To 917 173rd Street Property Photo 1
$1,150,000
915 To 917 173rd Street
Spanaway, WA 98387
Listing Updated: August 29, 2026 at 10:07:04 AM PDT