1602 172nd ST E, Spanaway, WA 98387
1602 172nd ST E, Spanaway, WA 98387
1602 172nd ST E, Spanaway, WA 98387
1602 172nd ST E, Spanaway, WA 98387
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Listed by:COMPASS • Matt J. Harris
$ 800,000
Est. payment | /mo

0.87 Acres Lot


Save
$ 800,000
Est. payment | /mo
Save

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

Northwest MLS (NWMLS)

Nearby Locations

Andrea Currin
Andrea Currin

Broker Associate | License ID: 114290

+1(253) 732-9749 | andrea.goodhomes@gmail.com

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1602 172nd ST E