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Spanaway, WA, 98387 • 98387 • Pierce County
$360/sqft
Down payment assistance available
2Beds
2Baths
2,360Sqft
0.22 acLot
1951Built
Waterfront Property
Lake, No Bank
Scenic Views
Lake · Territorial
2 Stories w/Bsmnt Style
Built 1951 · 75 years of history
Spanaway Lake
98387
Outdoor Living
Second Kitchen · Dbl Pane/Storm Window · Fireplace
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
Garage
Driveway · Attached Garage
This home is in high demand
Listed 59 days ago · 42 views · 2 saves · Top 9% likely to sell soon
Demand and pricing signals for this listing
42 views
People checking out this listing
2 saves
Buyers have saved this home
59 days on market
Established listing
$360/sqft
Price per square foot
This home ranks in the top 9% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1951
Rare opportunity on Enchanted Island at Spanaway Lake, first time on the market! Travel over an idyllic 1 lane bridge and arrive at the island - 26 homes nestled in a park like setting, large maintained greenbelt & sports court at the center encircled with parking & lighting. Beautiful landscaping tucks this home into its own tranquil world, including 50 ft of lake frontage offering a PRIME spot on the lake, a quiet corner basking in sunshine all summer long. Enjoy your terraced landscaped backyard with personal dock. This home has been lovingly maintained and is ready for your vision! Main floor features 2 bedrooms, 1 bath and outstanding lake views! 2nd floor is approximately 600 sq/ft semi-finished, ready for a custom primary with en suite. Daylight basement is a studio apartment complete with full kitchen, bath and laundry - separately metered. Peaceful, fully fenced & usable front yard with mature landscaping. Hardwoods under carpet, attached 1 car garage, vaulted ceilings, there's too much to list! Opportunities on enchanted island are few and far between, act now!
Standout features identified
Our analysis highlights outstanding lake views, vaulted ceilings, and beautiful landscaping as key attractions of this home.
Based on current rates
Est. 6.12% rate · 30yr fixed · $679,999 loan
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Key facts and listing details
12 categories of property features
9 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
LowerBathroom Three Quarter
MainEntry Hall
MainKitchen With Eating Space
LowerMarket data and value estimates
3 schools rated nearby
Spanaway, WA, 98387
2 events
19 years of records
Local context around this listing
Spanaway, WA • Pierce County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 14:23:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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