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Two Acres in Prime Location
For Sale
$719,000
Pending

16006 Spanaway Loop Road S, Spanaway, WA 98387

Two acres with home, barn, and development potential.

Property Size2,800 SF
Lot Size1.99 Acres
Days on Market405

Property Features for 16006 Spanaway Loop Road S

General Information

Standard status Pending
Size 2,800 SF
Lot size 1.99 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $7,481

Amenities

Sidewalk
Curbed Lot
Paved
Listing Agency: JOHN L. SCOTT WOODINVILLE
Listed By: PAUL RAUTIO
Source: Corcoran
Added: Jul 4, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT WOODINVILLE

Investment Insights

Based on property information with market context.

This property features two acres in a prime location, presenting opportunities for builders and developers. County CIM notes are available in attached documents. Water and electricity are accessible in the street and on the property. The county prefers access to the plat from 18th Avenue Court. The property is fully fenced and includes marketable timber, a six-stall barn, and a 2,800 square foot home with three bedrooms and 1.75 bathrooms. Additional features include a pool. The property offers options to divide it in half, retaining the home, pool, barn, and approximately 0.80 acres, while developing the back half with four to five new construction homes.

Key Highlights

  • Prime location with 2 acres suitable for development.
  • Existing 3bd 1.75ba home, pool, and 6‑stall barn on .80 acres.
  • Potential to divide property and build 4‑5 new construction homes.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon Electrical Service Spa & Massage Center Locksmith Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 98387, WA

51,630
Population
17,151
Households
3
Avg Household Size
35
Median Age
17%
College-Educated
91%
High-School Grad
26.6 sq mi
ZIP Area
1,941
Density / Sq Mi
$101,141
Median Household Income
$54,167
Median Earnings
$1,837
Median Rent
$424,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two acres with home, barn, and development potential.
Where is this residential land & home lot located?
The property is located at 16006 Spanaway Loop Road S Spanaway, WA.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Prime location with 2 acres suitable for development.; Existing 3bd 1.75ba home, **pool**, and 6‑stall barn on .80 acres.; Potential to divide property and build 4‑5 new construction homes.
More about this property
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