See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2505 263rd Street Ct E, Spanaway, WA, 98387

4beds
3baths
2,786sqft
$879,000
$316price/sqft
$5,629/moest. monthly cost
$225,160/yrincome needed

About This Home

Set within the gated Rainier Prairie Estates, this custom rambler offers refined living among other high-end homes in a truly special setting. With over 2,700 sq ft, the desirable single-level layout features four bedrooms, three bathrooms, and both living and family rooms for flexible everyday living. Recent improvements include a completely renovated kitchen and bathrooms, new LVP flooring, air conditioning and enhanced outdoor living with a new deck and additional structures designed for year-round entertaining. The spacious primary suite offers a relaxing retreat, with a spa-inspired 5-piece bathroom. The home’s setting near the foothills of Mount Rainier adds to the sense of natural beauty and tranquility. Situated on more than two acres, the property includes raised garden beds, ample storage, a three-car garage, and room for a shop—offering a peaceful, private prairie setting that feels miles away, yet remains just minutes from shops, dining, and everyday conveniences

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
7/10
6/10
Bethel High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1992

Materials

  • Roof: Composition
  • Construction materials: Brick,Cement Planked,Wood Products,Cement Plank

Notable Dates

  • Major remodel year: 2000

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Great Room

  • Level: Main

Heating

  • Heating features: Heat Pump,Electric,Pellet,Propane

Interior Area

  • Total structure area: 2,786
  • Total interior livable area: 2,786 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 5000290110
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main

Lot

  • Lot size: 2.05 Acres
  • Lot size dimensions: 209 x 465

Parking

  • Total spaces: 3
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 3

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

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Inland Flooding
Winter Weather

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 $4,444$53,328
Home Insurance *$223$2,676
Property Taxes $772$9,264
Electricity $190$2,286
Total$5,629$67,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,994/yr
40% on housing$168,870/yr
45% on housing$150,106/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

$316This listing

vs Other Active Listings

Avg $/sqft

ZIP 98387$257
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
2026-04-02Price change$949,000
2026-03-10Price change$984,000
2026-01-15Listed for sale$995,000
2022-12-01Sold$810,000
2022-11-08Pending sale$825,000
2022-10-24Price change$825,000
2022-09-28Listed for sale$850,000
2022-09-12Pending sale$850,000
2022-09-07Listed for sale$850,000
1998-01-06Sold$285,000

For Sale by Agent

AgentWhitney Johnsen
BrokerageHawkins Poe

Similar Homes