Listed by COMPASS
$800,000

1602 172nd St E Spanaway, WA 98387

Estimated payment $4,919/month

Total Views 141
0.87 Acre
$918,063 Price per Acre
37,957 Sq Ft Lot

Highlights

  • 0.87 Acre Lot
  • No HOA
  • Level Lot

About This Lot

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.

Listing Agent

Matt Harris

COMPASS License #77794 Listed on: 06/18/2026

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2540752

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,178

Lot Details

  • 37,957 Sq Ft Lot
  • Level Lot

Utilities

  • Septic Design Installed
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Spanaway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3256000180

Property Details

Property Type

Land

Est. Annual Taxes

$7,178

Lot Details

0.87 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • Structure Type: None
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: No Restrictions
  • Survey: Completed / Available
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • RoadInformation: Paved
  • WaterJurisdiction: Spanaway Water

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, In Street
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Septic Design Installed
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3256000180
  • Topography: Level
  • Lot Size Acres: 0.8714
  • Lot Size Sq Ft: 37957
  • Zoning Description: Residential
  • Zoning: NCOR
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: County

Tax Info

  • Year: 2026
  • Tax Annual Amount: 7178

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,980 $638,800 $248,100 $390,700
2024 $6,943 $614,700 $230,400 $384,300
2023 $6,943 $598,500 $228,700 $369,800
2022 $6,836 $622,300 $228,700 $393,600
2021 $6,259 $448,600 $135,600 $313,000
2019 $4,522 $408,300 $112,300 $296,000
2018 $5,128 $375,700 $102,300 $273,400
2017 $4,539 $332,800 $89,800 $243,000
2016 $3,999 $266,600 $77,300 $189,300
2014 $3,503 $238,400 $71,100 $167,300
2013 $3,503 $216,500 $59,500 $157,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 For Sale $800,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Gift Deed $87,924 First American Title Ins Co
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2540752

Northwest Multiple Listing Service (NWMLS)

APN: 325600-0180

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