Sold235d on marketHistoric · 94 yrs
16801 Lakeside Drive S
Spanaway, WA, 98387 • 98387 • Pierce County
$950,000
$377/sqft
3Beds
2Baths
2,518Sqft
0.41 acLot
1932Built
Property DNA
Waterfront Property
Low Bank, Bulkhead, Lake, No Bank
Lake Views
Lake
Traditional Style
Built 1932 · 94 years of history
Spanaway Lake
98387
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace · Skylight(s) · Walk-In Closet(s) · Walk-In Pantry
2 Fireplaces
Wood Burning · Main Level: 2 · Fireplace
2-Car Garage
Detached Garage · RV Parking
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 235 days ago · 17 views
Market activity
Demand and pricing signals for this listing
17 views
People checking out this listing
235 days on market
Established listing
$377/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 1932 · Historic
Custom West Facing Spanaway Lake home with 63 feet of No Bank Waterfront! First time on the market in 50 years. This 1 story home has an expansive light filled living room overlooking the lake & beautifully manicured yard. You won't find a better view on the entire lake. The large deck & terraced lawn is ideal for large gatherings, weddings & summer BBQs as well as quiet evenings w/ a good book. Layout of the home works well for a multi-generational living situation w/ 2 large living areas, bedroom(s), entry & bath on each side & kitchen in between. New roof Oct '24 & beautiful remodeled primary bath '25. Sprinkler system as well as drip system for hanging bskts & garden. Plenty of parking for many vehicles, boats or RVs. No HOA
Standout features identified
Our analysis highlights terraced lawn, large deck, and beautifully manicured yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,891/month
Principal & Interest$4,624
Property Tax$950
Insurance$317
Down payment20% ($190,000)
3%50%
Est. 6.14% rate · 30yr fixed · $760,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1932
HeatingFireplace, Fireplace Insert, Forced Air, Heat Pump, Stove/Free Standing, Wall Unit(s), Electric, Wood
CoolingHeat Pump
Parking2 Garage spaces
Lot0.41 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionGood
Year built1932
Stories1
Systems
HeatingFireplace, Fireplace Insert, Forced Air, Heat Pump, Stove/Free Standing, Wall Unit(s), Electric, Wood
CoolingHeat Pump
RoofComposition
ConstructionBrick, Cement Planked, Cement Plank
Water / SewerPublic, Company: Spanaway Water / Septic Tank, Company: Septic
Parking & Outdoor
ParkingDetached Garage, RV Parking
Garage2 spaces
BasementNone
Fireplaces2
Lot0.41 Acres
Location & Tax
Neighborhood98387
Annual tax$8,371
Parcel5025006971
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwasher(s)
Stove(s)/Range(s)
Flooring
Ceramic Tile
Laminate
Vinyl
Carpet
Heating
Fireplace
Fireplace Insert
Forced Air
Heat Pump
Stove/Free Standing
Wall Unit(s)
Electric
Wood
Cooling
Heat Pump
Fireplace
Wood Burning
Main Level: 2
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Detached Garage
RV Parking
Construction
Brick
Cement Planked
Cement Plank
Patio & Porch
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace
Skylight(s)
Walk-In Closet(s)
Walk-In Pantry
Lot Features
Corner Lot
Paved
Cable TV
Deck
Dock
Fenced-Fully
High Speed Internet
Moorage
RV Parking
Sprinkler System
Views
Lake
Utilities
Xfinity
Xfinity
Room details
11 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Three Quarter
MainBathroom Three Quarter
MainDining Room
MainListing insights
Market data and value estimates
StatusSold
Days on market235
Est. value$934,000
Est. rent$2,922/mo
Tax rate0.88%
Price/sqft$377
On marketJul 28, 2025
PostedMay 23, 2025
Last sold$950,000
MLS statusSold
MLS updatedSep 14, 2025
Tour days6
Views17
How are the schools in Spanaway?
3 schools rated nearby
Location
Spanaway, WA, 98387
Price history
5 events
DateEventPrice$/sqftSource
Aug 14, 2025Sold$950,000$377NWMLS as distributed by MLS GRID
Jul 11, 2025Pending Sale$999,995$397NWMLS as distributed by MLS GRID
Jun 20, 2025Price Change$999,995$397NWMLS as distributed by MLS GRID
Jun 4, 2025Price Change$1,099,999$437NWMLS as distributed by MLS GRID
May 23, 2025Listed For Sale$1,200,000$477NWMLS as distributed by MLS GRID
Sold$950,000
Aug 14, 2025•$377/sqft•NWMLS as distributed by MLS GRID
Pending Sale$999,995
Jul 11, 2025•$397/sqft•NWMLS as distributed by MLS GRID
Price Change$999,995
Jun 20, 2025•$397/sqft•NWMLS as distributed by MLS GRID
Price Change$1,099,999
Jun 4, 2025•$437/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,200,000
May 23, 2025•$477/sqft•NWMLS as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$8,888$783,000
Apr 7, 2023$8,371$717,600
Apr 7, 2022$8,566$745,400
Apr 7, 2021$7,540$570,000
Apr 7, 2019$5,784$462,200
Apr 7, 2018$6,567$496,500
Apr 7, 2017$5,814$437,800
Apr 7, 2016$5,595$341,100
Apr 7, 2014$5,595$345,000
Apr 7, 2013$4,578$291,800
Apr 7, 2012—$287,900
Apr 7, 2011—$360,900
Apr 7, 2010—$369,500
Apr 7, 2009—$443,500
Apr 7, 2008$5,512$508,700
Apr 7, 2007$5,512$495,700
Apr 7, 2002$3,790$251,500
Apr 7, 2001$3,501$251,500
Apr 7, 2000$3,501$248,300
Nearby homes
Neighborhood details
Local context around this listing
Spanaway, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
9838798439
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 09:28:23 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)
No obligation · Same-day response