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1717 183rd Street Ct E, Spanaway, WA, 98387

5beds
3baths
3,070sqft
$1,795,000
$585price/sqft
$11,013/moest. monthly cost
$440,520/yrincome needed

About This Home

Rare opportunity for builders and developers to capitalize on just shy of 6 flat, usable acres in a private and serene setting. Zoned NMSF, this property comes with preliminary engineering in place & water rights secure for a thoughtfully designed 18-lot subdivision—offering a strong head start for your next project. Existing neighborhoods built all around the property. Maximize the potential by developing and building across all 18 lots while also adding value to the existing 3,070 sq ft home—ideal for renovation, resale, or holding as an income-producing asset during development. With its combination of scale, usability, and forward planning already underway, this is a standout investment opportunity in a sought-after location.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
4/10
Spanaway Lake High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1986

Materials

  • Foundation: Poured Concrete
  • Roof: Tile
  • Construction materials: Wood Siding,Wood Products

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Stories w/Bsmnt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Microwave(s),Refrigerator(s)

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric,Natural Gas
  • Cooling features: Forced Air,Heat Pump

Interior Area

  • Total structure area: 3,070
  • Total interior livable area: 3,070 sqft

Master Bedroom

  • Level: Second

Other

  • Level: Lower

Property

Details

  • Parcel number: 0319341024
  • Zoning: NMSF
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level
  • Residential vegetation: Garden Space,Pasture,Wooded

Lot

  • Lot size: 5.09 Acres
  • Features: Dead End Street,Secluded,Value In Land,Fenced-Fully,Outbuildings,RV Parking,Shop,Stable

Parking

  • Total spaces: 6
  • Parking features: Detached Carport,Attached Garage,RV Parking
  • Has garage: Yes
  • Covered spaces: 6
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,076$108,912
Home Insurance *$457$5,484
Property Taxes $1,271$15,252
Electricity $209$2,519
Total$11,013$132,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$377,588/yr
40% on housing$330,390/yr
45% on housing$293,680/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$585This listing

vs Other Active Listings

Avg $/sqft

ZIP 98387$253
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98387$282
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$1,900,000
2022-08-03Sold$670,000
2022-07-15Pending sale$699,000
2022-07-01Price change$699,000
2022-06-05Pending sale$815,000
2022-06-01Listed for sale$815,000

For Sale by Agent

AgentBrandon Hjelseth
BrokerageKeller Williams Rty Tacoma

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