Spanaway Real Estate Search

Spanaway Waterfront Properties for Sale

Our website features the best real estate search for waterfront properties available in Spanaway and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Spanaway Waterfront Properties for Sale

$1,075,000
3 Beds ⋅ 3 Baths ⋅ 2575872 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.

$1,150,000
2574588 MLS ⋅ ACTIVE Status
Unique Spanaway Lake property, .767 acres, 100 sq ft of lakefront. 2 homes. 915 - lakefront 1,216 sq ft, 3 bedrooms, bath and a half, one story, gas insert, newer wall heaters, newer floors and windows, renovated bath, Upgraded sunporch, 1,200 sq ft shop, 400 sq ft toolshed. 917 - 1,236 sq ft, 2 bedrooms, bath and 3/4, story and a half, newer floors and windows. Tankless hotwater and insta hot. All appliances stay with sale of home. All buildings have newer roofs and gutters. Newer vapor barriers beneath both homes. 3 covered parking spots with many added driveway spots. Heritage apple and cherry trees on the lot. Garden area. Close to JBLM - enjoy the Blue Angels performance from the deck. Fireworks display over the water on the 4th of July. Swim, fish, waterski, jet ski, or canoe, count bird varieties. RV parking. New Dock. Each home has its own Detached Garage with plenty of storage.

915 to 917 173rd Street S, Spanaway

Listing courtesy of Northwest Home Sales.

$45,000
2 Beds ⋅ 1 Baths ⋅ 2572140 MLS ⋅ ACTIVE Status
Lake living meets easy, low-maintenance style in this 2-bed, 1-bath home tucked inside Lakeside Terrace, a sought-after 55+ community in Spanaway. Enjoy year-round comfort with a mini split system, plus a covered carport and generous kitchen storage. Community perks include private lake access and dock privileges. Peaceful, active-adult living just minutes from shopping and Spanaway Lake — priced to sell!

17103 Spanaway Loop Road S Unit #26, Spanaway

Listing courtesy of Keller Williams Rty Tacoma.

$1,150,000
5 Beds ⋅ 4 Baths ⋅ 2564161 MLS ⋅ ACTIVE Status
Unique Spanaway Lake property, .767 acres, 100 sq ft of lakefront. 2 homes. 915 - lakefront 1,216 sq ft, 3 bedrooms, bath and a half, one story, gas insert, newer wall heaters, newer floors and windows, renovated bath, Upgraded sunporch, 1,200 sq ft shop, 400 sq ft toolshed. 917 - 1,236 sq ft, 2 bedrooms, bath and 3/4, story and a half, newer floors and windows. Tankless hotwater and insta hot. All appliances stay with sale of home. All buildings have newer roofs and gutters. Newer vapor barriers beneath both homes. 3 covered parking spots with many added driveway spots. Heritage apple and cherry trees on the lot. Garden area. Close to JBLM - enjoy the Blue Angels performance from the deck. Fireworks display over the water on the 4th of July. Swim, fish, waterski, jet ski, or canoe, count bird varieties. RV parking. New Dock. Each home has its own Detached Garage with plenty of storage.

915 to 917 173rd Street S, Spanaway

Listing courtesy of Northwest Home Sales.

$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.

$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.

$89,900
2 Beds ⋅ 2 Baths ⋅ 2507496 MLS ⋅ ACTIVE Status
Welcome to this charming 2 bed/1 bath home in the desirable 55+ community of Lakeside Terrace! The open kitchen flows seamlessly into the living room, creating a comfortable and connected space that’s perfect for everyday living. Enjoy a low-maintenance lifestyle with access to the lake, plus convenient boat and water equipment storage available. Community approval required. Great location! Close to shopping, dining, and quick, easy access to I-5. Come see today!

17103 Spanaway Loop Road S Unit #36, Spanaway

Listing courtesy of Keller Williams Rty Tacoma.

$214,950
2 Beds ⋅ 2 Baths ⋅ 2479894 MLS ⋅ ACTIVE Status
Enjoy lakeside living in this beautifully updated 2-bedroom, 1.5-bath condo on Spanaway Lake! The home features a nice-sized living room with vaulted ceilings, an updated kitchen, stylish flooring, and fresh interior paint throughout. Spacious bedrooms provide comfort and flexibility, while the modern bathrooms and attractive finishes add a fresh, contemporary feel. Relax and enjoy all the community amenities, including a dock, boat launch, clubhouse, RV and boat storage, tennis court, and swimming pool. A fantastic opportunity to enjoy waterfront community living with convenience and recreation right outside your door! This condo is non-warrantable

17303 Spanaway Loop Road S Unit #4, Spanaway

Listing courtesy of Better Properties UP/Fircrest.

$330,000
2 Beds ⋅ 2 Baths ⋅ 2472329 MLS ⋅ ACTIVE Status
Gated Lake Front Luxury Condo! This is a RARE opportunity to own Condo that sits right on Coffee Creek. These Townhouse Style Condos enjoy creek & lake views + access to the lake via private boat launch, docks for mooring watercraft & a private club house to enjoy to host your larger gatherings.The prior owner had a Complete Custom Remodel in 2018. The Kitchen is amazing; Natural Gas Cooktop/Oven, w/ water spigot for filling pots. The Bathrooms are tiled & have glass surrounds/doors. The current owner installed a grand roof structure over the deck in 2025 [$7,300] to enjoy the large deck, while being sheltered from the weather, while gazing at Coffee Creek as it flows into Spanaway Lake. They also replaced all lighting with Custom Fixtures from the Glass Candle! This condo has a wonderful layout that is open & bright, with beautiful large windows to look out at the creek from your kitchen & great room. Remote Controlled Natural Gas Insert (Fireplace). Private garage with remote controlled opener. Community amenities are incredible; enjoy the exclusive luxurious community features; now bank lake access, docs for mooring boats, sport courts (PickleBall/Tennis/Basketball), 2 picnic areas, Heated Outdoor Swimming Pool, Walking Trails w/ 3 Bridges, RV & Watercraft Storage Space. Conveniently located for commuting, shopping, dining, schools, Sprinker Recreation Center, Spanaway Lake Golf Course & just minutes to JBLM. This home offers the perfect balance of comfort and convenience.

17303 Spanaway Loop Road S Unit #27, Spanaway

Listing courtesy of Realty One Group Turn Key.

$275,000
2 Beds ⋅ 2 Baths ⋅ 2315520 MLS ⋅ ACTIVE Status
Discover the tranquility of Spanaway Lake living in this beautiful townhouse style condo. Located in the Coffee Creek community, this 2-bedroom, 1.5-bathroom gem offers 1,101 square feet of living space. Recently updated with fresh interior paint, fixtures, and an open bright floor plan. Enjoy the exclusive luxury of private lake access - complete with a sitting area and docks, along with community basketball and tennis courts, swimming pool, and designated RV or boat storage space. Conveniently located for commuting, shopping, dining, and schools, and just minutes to JBLM, this home offers the perfect balance of comfort and convenience.

17303 Spanaway Loop Road S Unit #2, Spanaway

Listing courtesy of Unique Lifestyle Realty.

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