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    5902 205Th St E Spanaway, WA 98387

    For Sale
    $550,000

    Spanaway property featuring a four-stall barn on 1.4 acres.

    Lot size:
    1.43 Acres

    Property Features for 5902 205Th St E

    General Information

    Interior features
    1, : "Fireplace", "2": "Heat Pump", "3": "Forced Air", "4": "Dishwasher(s)", "5": "Dryer(s)", "6": "Refrigerator(s)", "7": "Stove(s)/Range(s)", "8": "Washer(s)"
    Exterior features
    1, : "Composition", "2": "Metal"
    Lot size
    1.43 Acres

    Building Details

    Year built
    1983

    Source: Van Dorm Realty Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equestrian Property with Barn

    This property, suitable for equestrian use, includes a four-bedroom, two-bath home situated on 1.4 acres. It features a 28x36 barn with four stalls, with the potential for six stalls, and two hay lofts. The property includes paddock areas and runs off the stalls, with room to add more paddocks or a pasture area. A detached covered parking area with an attached shop provides storage. A shed is available for use as a tack room. The property is fully fenced and includes a separate dog run. There is room for a garden, landscaping, and mature trees. The property is located in close proximity to shopping and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spanaway
    County
    Pierce
    State
    Washington
    Longitude
    -122.3509347
    Latitude
    47.0699475

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    FAQs

    What type of property is this?
    Horse & equestrian property - Spanaway property featuring a four-stall barn on 1.4 acres.
    Where is this horse & equestrian property located?
    The property is located at 5902 205Th St E Spanaway, WA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Equestrian Property: 4-stall barn (potential for 6) with hay lofts, paddocks, and room for pasture expansion on 1.4 acres.; - $5000 Buyer Credit.; - 4-bedroom, 2-bath home.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5902 205Th St E Spanaway, WA 98387
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