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$800,000
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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.
Full Property Details
Full Property Details for 1602 172nd St E
General
- Price: $800,000
- Taxes: $7,178 (2026)
- Status: Active
- Type: Land Residential
- Source: NWMLS
- MLS ID: 2540752
- Updated: 6/19/2026
- Added to Site: 7 day(s) ago
Location
- Area: 99 - Spanaway
- County: Pierce
- Subdivision: Spanaway
- Driving Directions: From Pacific Ave S, head east on 176th St E. Turn left on 15th Ave E, then right on 172nd St E. Property is on the right.
School Information
- High School District: Bethel
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Utilities
- Electric Available: Yes
- Sewer: Available, In Street
- Water: On Property
- Utility Description: Electricity Connected, Septic Design Installed
Structural Information
- Structure Type: None
Lot Features
- Lot Size (Acres): 0.8714
- Lot Size (Sq. Ft.): 37,957
- Lot Size Source: County Assessor
- Street/Road Desc.: Paved
- Topography: Level
- Lot Features: Paved
- Zoning: Residential
Financial Considerations
- Tax Amount: $7,178
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Restrictions: No Restrictions
- Property ID: 3256000180
Listed by Matt J. Harris | Compass | (253) 987-1778
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Schools
Schools serving 1602 172nd St E
School District:Bethel School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Elementary School, Spanaway, WA 1311 172nd Street East, Spanaway, WA 98387 | K-5 | 0.2 mi |
Cedarcrest Jr High School 191201 13th Avenue Crt. E., Spanaway, WA 98387 | 6-8 | 1.1 mi |
Spanaway Lake High School 1305 168th Street East, Spanaway, WA 98387 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1602 172nd St E
Date
Details
Price
Change
Source
6/18/2026
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1602 172nd St E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,980
1%
$638,800
7%
2024
$6,943
-2%
$598,500
-4%
2023
$7,088
4%
$622,300
18%
2022
$6,836
9%
$527,400
18%
2021
$6,259
7%
$448,600
10%
2020
$5,834
14%
$408,300
9%
2018
$5,128
—
$375,700
13%
2018
$5,128
13%
$332,800
15%
2017
$4,539
5%
$289,700
9%
2016
$4,327
22%
$266,600
12%
2014
$3,553
—
$238,400
10%
2014
$3,553
—
$216,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1602 172nd St E
1602 172nd Street E, Spanaway, WA 98387 (MLS# 2540752) is a Land Residential property with a lot size of 0.8714 acres. 1602 172nd Street E is currently listed for $800,000 and was received on June 18, 2026. Want to learn more about 1602 172nd Street E? Do you have questions about finding other Land Residential real estate for sale in Spanaway? You can browse all Spanaway real estate or contact a Coldwell Banker agent to request more information.

