This listing courtesy of Matt J. Harris , COMPASS
$800,000

1602 172nd Street E, Spanaway, WA 98387

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.87acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 17 days ago

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.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 9:22PM
Listing Office:
COMPASS : 253-987-1778
Listing Agent:
Matt J. Harris : 253-987-1778
MLS ID:
2540752
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0
  • General: 40 - Res-Less thn 1 Ac
  • Road/Access: Paved
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Bethel
  • County: Pierce
  • Topography: Level
  • Zoning: 3256000180
  • Restrictions: No Restrictions
  • Utilities: Electricity ConnectedSeptic Design InstalledElectricity on Property
  • Water: On Property
  • Sewer: AvailableIn Street
  • Source: nwmls

This listing courtesy of Matt J. Harris , COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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