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Browse All Spanaway WA Above $1M Properties for Sale

$1,149,000
3 Beds 3 Baths 2567698 MLS ACTIVE Status
A rare opportunity on Spanaway Lake—where lifestyle, legacy and development potential converge. Set on an oversized ~0.87-acre waterfront parcel with nearly 100 feet of lake frontage, this property offers a level of scale and flexibility seldom found along the lake. Nearly double the size of nearby parcels, this exquisite parcel boasts an existing single-family home that sits near the OHWM and captures sweeping 180° lake views from inside, creating an immediate emotional connection to the water, while a separate 1-bedroom, 1-bath DADU adds guest, rental or multigenerational flexibility. For recreation buyers, this is a chance to own a substantial private lake property with room to create a true waterfront retreat. For investors and developers, the upside may be equally compelling: Urban Corridor (UCOR) zoning, significant parcel depth, and preliminary County discussions indicating potential paths for attached housing, townhomes or multifamily redevelopment, subject to shoreline, critical-area, sewer and land-use approvals (Buyer to Verify). County staff has also identified a gravity sewer connection up the street, providing a possible infrastructure path for future intensification. Large waterfront parcels with this combination of views, frontage, existing improvements, income potential and redevelopment optionality are increasingly difficult to find. Preserve it, enhance it, or explore what comes next—this is a property with the ingredients to become something exceptional.

823 173rd Street S, Spanaway

Listing courtesy of COMPASS.

$1,495,000
3 Beds 5 Baths 2565659 MLS ACTIVE Status
A true equestrian estate on 4.67 gated acres — peaceful & private dead-end road framed by Mt. Rainier views, within walking distance to JBLM military trail systems. Two barns offer 8 stalls with automatic watering, an indoor riding arena (60x120), hot/cold wash rack, and two tack rooms, connecting to multiple fenced and cross-fenced paddocks with treated fencing & ample hay storage. The second barn bathroom has laundry hookups & shower. A detached apartment/studio offers flexible living space for guests, farm hand, a home office, or income potential. Inside, skylights bring in natural light & hardwood floors flow throughout with tiled bathrooms. The chef's kitchen features granite counters, a Sub-Zero built-in fridge, and a gas 6-burner Viking range with double oven and commercial hood. The primary suite offers French doors to the patio, heated tile floors, a rain shower, and a spacious walk-in closet. A Murphy bed with en-suite bathroom adds guest sleeping space. Two fireplaces add warmth. Outside, enjoy the covered patio with fire pit, water feature, and included hot tub. Irrigation keeps the grounds lush. Parking for 12+ vehicles includes a 4-car garage, 36x48 RV garage, heated shop with apartment & loft, and two income-generating RV sites with full hookups. A rare offering for equestrians and multigenerational living alike — turn-key, private, peaceful, functional, income-producing, and set against the region's most iconic views! Buyer to verify information.

26304 34th Avenue E, Spanaway

Listing courtesy of John L. Scott, Inc..

$1,399,000
4 Beds 3 Baths 2562854 MLS ACTIVE Status
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.

16925 Spanaway Loop Road S, Spanaway

Listing courtesy of Terrafin.

$1,872,000
2555999 MLS ACTIVE Status
Discover an outstanding opportunity to own a highly functional 1.95-acre commercial property in the growing Spanaway area. Ideal for an owner-user, contractor, fabricator,or investor, this versatile property offers a rare combination of extensive improvements,secure storage,& future redevelopment potential. The fully fenced site is secured by an electronic gated entrance with individual access codes and provides ample space for equipment,vehicles,trailers, RVs, & outdoor storage. With generous open areas and room for expansion, the property offers flexibility for a wide range of commercial uses. Equipped with 3-phase power, the property includes 3 well-designed buildings: Building 1: Approximately 240' x 40', featuring 160 feet of covered exterior bays, a 55' x 35' enclosed shop, plus a 25' x 35' workshop, both with 14-foot ceilings, providing excellent space for fabrication, manufacturing, storage, or contractor operations. Building 2: Approximately 40' x 12', configured with 3 private offices & a shared restroom. Building 3: A 36' x 12' portable office building, offering additional office or workspace. The property also includes two 8' x 40' steel storage containers, providing secure on-site storage or the potential for additional income-producing opportunities. The spacious site, existing infrastructure, and future redevelopment possibilities make this a rare opportunity in a rapidly growing area of Pierce County.

20710 3rd Avenue E, Spanaway

Listing courtesy of eXp Realty.

$1,600,000
2559936 MLS ACTIVE Status
Pleased to present 19010 B Street East, Spanaway, Washington, a 2.19-acre infill development site zoned Urban Corridor (UCOR) within Pierce County jurisdiction. The UCOR designation provides flexible development opportunities, including attached single-family homes, townhomes, and multifamily residential development. The property is supported by a massing study demonstrating the potential for approximately 72 to 84 multifamily units. In addition, significant due diligence work has already been completed, including land survey, tree, biological, environmental, geotechnical (soils), and traffic studies. The site also benefits from a Pierce County 8-inch PVC sewer main stubbed to the property, providing critical utility infrastructure to support future development. Further enhancing the site, Pierce County’s CRP 5111 roadway improvement project (B Street East – 176th to 192nd Street East) is scheduled for construction in 2027 and will deliver new curb, gutter, sidewalk, and ADA-compliant ramps along the frontage and surrounding street network, significantly improving access, connectivity, and long-term development readiness. With much of the preliminary planning and entitlement groundwork already in place, this opportunity significantly reduces the time and risk associated with the entitlement process while accelerating the path toward project approval and construction in one of Pierce County’s fastest-growing submarkets.

19010 B Street, Spanaway

Listing courtesy of Kidder Mathews.

$1,872,000
2553062 MLS ACTIVE Status
Discover an outstanding opportunity to own a highly functional 1.95-acre commercial property in the growing Spanaway area. Ideal for an owner-user, contractor, fabricator,or investor, this versatile property offers a rare combination of extensive improvements,secure storage,& future redevelopment potential. The fully fenced site is secured by an electronic gated entrance with individual access codes and provides ample space for equipment,vehicles,trailers, RVs, & outdoor storage. With generous open areas and room for expansion, the property offers flexibility for a wide range of commercial uses. Equipped with 3-phase power, the property includes 3 well-designed buildings: Building 1: Approximately 240' x 40', featuring 160 feet of covered exterior bays, a 55' x 35' enclosed shop, plus a 25' x 35' workshop, both with 14-foot ceilings, providing excellent space for fabrication, manufacturing, storage, or contractor operations. Building 2: Approximately 40' x 12', configured with 3 private offices & a shared restroom. Building 3: A 36' x 12' portable office building, offering additional office or workspace. The property also includes two 8' x 40' steel storage containers, providing secure on-site storage or the potential for additional income-producing opportunities. The spacious site, existing infrastructure, and future redevelopment possibilities make this a rare opportunity in a rapidly growing area of Pierce County.

20710 3rd Avenue E, Spanaway

Listing courtesy of eXp Realty.

$3,400,000
2553466 MLS ACTIVE Status
This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

$1,195,000
3 Beds 3 Baths 2549738 MLS PENDING INSPECTION Status
Upscale Living on a gorgeous horse property with Home Office! Luxury built custom Rambler on 9 level acres with a Creek and a ADU! Hardwood floors, wood wrapped windows, solid core doors, high ceilings & outside exits from each bedroom. Come through your front gate, around the circular driveway to the 3 car garage. The beautifully designed split floor plan Main Home has a welcoming entry inviting you into the living room with soring ceilings & custom woodwork thorughout. The entertaining style dining room & well appointed, bright kitchen with granite, stainless & island are open to the living room for that spacious feel. The Primary Suite is massive & relaxing with it's own double sided fireplace & 5 piece bath & is located away from the other bedrooms for full privacy. The other 2 bedrooms (one could be a second Primary Suite), huge laundry, and a full bath are located at the other end of the home. Large private deck on the back of the home for watching the horses & relaxing! The ADU~1 bed/1bath/full kitchen(729 SF) has its own patio & entry. Horse amenities: Level fenced pastures, Walk in shed off the side of the detached Barn/Garage combo. Property is Farm & Agricultural status subject to provisions RCW84.34 Quiet community, non-thru street and close to JBLM. Occupant in the ADU would love to continue to live in the ADU if buyers would consider that option, (has been given notice to move) He is the owner of the horses currently on the property. "Must watch Virtual Tour"

4926 268th Street E, Spanaway

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,288,000
3 Beds 3 Baths 2543608 MLS ACTIVE Status
SELLER PAID 2/1 RATE BUY-DOWN! TWO FULL % PTS BELOW MARKET RATE 1st Yr, 1 % Pt BELOW 2nd Yr! Breathtaking Mountain Views & Timeless Elegance! 4342 Sq Ft Custom Rambler w/ Fully Finished Daylight Basement! Set Upon a Meticulously Landscaped 3.76 Acre Corner Lot in a Private, Gated, No HOA, Enclave of Custom-Built Homes, Large Parcels & Spectacular Natural Beauty! Well Equipped for Comfort; 9.3 KW Solar Panels, Heat Pump, Private Well, & Whole-Home Generator! Step Inside to Light-Filled Open Concept Living where Expansive Windows Capture Stunning Territorial & Mountain Views! The Great Room Flows to the Dining Area & Entertainer's Kitchen! Wake to the Sight of Mt. Rainier in Your Primary Suite & Relax in the Spa-Inspired Quartz Slab Wall En-Suite Bath, Large WIC, too! A Private Den, Powder Rm, & Utility Rm Complete the Main Lvl. Grand 8 Ft Doors, Built-in Buffet, Display Cabinetry, & Central Vac System! The Fully Finished Daylight Basement Expands the Home's Multi-Gen Versatility; Rec Rm w/ Custom Built-ins, Two Bds w/ Jack & Jill Bath - Each w/ Sliding Door to the Private Courtyard, & Two Lrg Bonus Rms! Car Enthusiasts & Hobbyists will Appreciate the 3 Car 1298 Sq Ft Garage (220), RV Carport w/ Connection(s), Two 10 x 20 Workshops (1w/220), & Two Garden Sheds! Your Own Fruit Tree Orchard, Gardens, Patio, & Sprinkler Sys! Add'tl Build Site Possible! Horses OK! True Serenity of Elevated Rural Living Close to Everyday Conveniences! An Extraordinary Opportunity to Call Home!

2315 262nd Street Ct E, Spanaway

Listing courtesy of RE/MAX Exclusive.

$1,288,000
3 Beds 3 Baths 2531706 MLS ACTIVE Status
SELLER PAID 2/1 RATE BUY-DOWN! TWO FULL % PTS BELOW MARKET RATE 1st Yr, 1 % Pt BELOW 2nd Yr! Breathtaking Mountain Views & Timeless Elegance! 4342 Sq Ft Custom Rambler w/ Fully Finished Daylight Basement! Set Upon a Meticulously Landscaped 3.76 Acre Corner Lot in a Private Gated Enclave of Custom-Built Homes, Large Parcels & Spectacular Natural Beauty! Well Equipped for Comfort; 9.3 KW Solar Panels, Heat Pump, Private Well, & Whole-Home Generator! Step Inside to Light-Filled Open Concept Living where Expansive Windows Capture Stunning Territorial & Mountain Views! The Great Room Seamlessly Connects to the Dining Area & Entertainer's Kitchen! Wake to the Sight of Mt. Rainier in Your Primary Suite & Relax in the Spa-Inspired Quartz Slab Wall En-Suite Bath, Large WIC, too! A Private Den, Powder Rm, & Utility Rm Complete the Main Lvl. Grand 8 Ft Doors, Built-in Buffet, Display Cabinetry, & Central Vac System! The Fully Finished Daylight Basement Expands the Home's Multi-Gen Versatility; Rec Rm w/ Custom Built-ins, Two Bds w/ Jack & Jill Bath - Each w/ Sliding Door to the Private Courtyard, & Two Lrg Bonus Rms! Car Enthusiasts & Hobbyists will Appreciate the 3 Car 1298 Sq Ft Garage (220), RV Carport w/ Connection(s), Two 10 x 20 Workshops (1w/220), & Two Garden Sheds! Your Own Fruit Tree Orchard, Gardens, Patio, & Sprinkler Sys! Add'tl Build Site Possible! Horses OK! True Serenity of Elevated Rural Living Close to Everyday Conveniences! An Extraordinary Opportunity to Call Home!

2315 262nd Street Ct E, Spanaway

Listing courtesy of RE/MAX Exclusive.

$1,100,000
4 Beds 3 Baths 2532503 MLS SOLD Status
Private 4.35-Acre Retreat | Custom Home, 5-Car Garage & RV Parking | An incredible opportunity you won't want to miss! Move-in-ready custom estate in the desirable Spanaway/Frederickson area offers resort-style living on 4.35 acres of usable land (potential ADU), surrounded by peaceful scenery, mature trees, and the soothing sounds of nature. Featuring 4 bedrooms, a oversized versatile bonus room with closet, and 2.75 baths, an impressive 5-car garage, RV parking, soaring vaulted ceilings, and abundant natural light. Formal entry with soaring vaulted ceilings, expansive windows, and elegant living & dining spaces. Open-concept kitchen is a chef's dream, complete with a 48" gas range, commercial-style refrigerator, quartz countertops, custom storage drawers & under-cabinet lighting. The kitchen flows seamlessly into the spacious family room featuring a cozy fireplace. Luxurious primary suite offers a private retreat with a balcony perfect for morning coffee, a freestanding soaking tub, oversized walk-in tile shower with three shower heads, double vanity, heated tile floors and a large walk-in closet. Additional features include a laundry room with utility sink, ceiling fans throughout, tankless water heater, generator plug, built-in vacuum system, hot tub prewiring, trim lighting, RV parking and a large storage shed. Enjoy the perfect blend of privacy, modern amenities, and country living while remaining conveniently close to shopping, dining, and commuter routes.

21624 62nd Avenue E, Spanaway

Listing courtesy of Engel & Volkers Chambers Bay. Selling Office: eXp Realty.

$3,400,000
4 Beds 4 Baths 2525804 MLS ACTIVE Status
This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

$1,135,000
3 Beds 3 Baths 2504269 MLS PENDING Status
*VA Assumable* This "home on the range" can make you sing, but creating a song about all this 3885 sqft estate w/ 3.5 car garage & a detached 3 car garage w/ heated shop on 2.92 acres has to offer would be a feat. The melody must be fitting of the home’s timeless-traditional bones & high-end updates. Several verses might capture the open floor plan that encourages you to wander from room to room to gaze through tall windows at mountains, flowering tree-lined driveway, manicured lawns, mature fruit trees, & massive oaks. A handful of lyrics could highlight the newer big-ticket items like a 40 year roof, high efficiency furnace, & heat pump. The most dramatic crescendo is saved for the jaw dropping Taj Mahal Quartzite Leathered countertops in perfect harmony w/ stunning handcrafted copper sinks adorning the kitchen & butler’s pantry. The chorus soars up the main staircase to 3 large bedrooms, a private den, & reading nook. The heart-fluttering views from the primary bedroom is only rivaled by the one from the bay window framing the soaking tub of the updated en-suite. The tune’s bridge ascends a separate staircase to an enormous rec room (once a golf sim.) w/ wet bar, bonus room & closet - offering multi-gen/ADU potential. Note the cleverly added skylights above the decks allowing even more light to flood the home. Make your own music in the powered secluded cabin. Pack your RV, hobbies, even horses into this space & you’ll still have room for the dreams you've yet to compose.

5112 266th Street E, Spanaway

Listing courtesy of eXp Realty.

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