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Listed by:COMPASS • Matt J. Harris
$ 800,000
Est. payment | /mo
0.87 Acres Lot
$ 800,000
Est. payment | /mo
0.87 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Spanaway
MLS Listing ID 2540752
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $7,178
Lot Size 0.871 Acres
Property Sub-Type Land
Property Description
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.
Location
State WA
County Pierce
Area 99 - Spanaway
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Septic Design Installed
View Y/N No
Building
Lot Description Paved
Sewer Available, In Street
Water On Property
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Bethel
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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