$1,399,000
Est. $7,200/mo4 bd•2.5 ba•2,950 sq ft
16925 Spanaway Loop Road S, Spanaway, WA 98387
• Listed 2026-07-31•17 days on market
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Based on information submitted to the MLS GRID as of August 1, 2026 at 05:03am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Experience lakefront living w/107± feet of low-bank waterfront SPANNING 2 PARCELS, w/breathtaking Mt. Rainier views & rare opportunity to create a legacy property. With a BUILDABLE LOT, allowing you to live comfortably in the existing home while designing & building your dream waterfront residence. Whether you envision a custom estate, multigenerational living, future investment potential, this unique offering provides unmatched flexibility. Designed for everyday comfort & effortless entertaining, this home showcases stunning lake views from the updated kitchen, main-floor primary suite, daylight basement, & expansive Ironwood deck. The remodeled kitchen & main-flr baths feature timeless finishes, The daylight basement offers a spacious great rm, wet bar, & direct access to the backyard, propane fireplaces on both levels create yr-round warmth. A new furnace & heat pump provide efficient, modern comfort. Outside, embrace the waterfront lifestyle w/evenings at the fire pit, boating from the Trex-deck dock w/a solar-powered boat lift, & endless days on the lake. Updates include a contemporary garage door, durable 50-year rf. The arbor draped in grapevines, along w/mature apple & pear trees, adds to the property's charm. The expansive grounds provide abundant space for recreation, guest parking, RVs, boats, & all your toys. Rare opportunity to own an extraordinary waterfront retreat w/spectacular views, tranquility, recreation, & exceptional future potential come together.
Listed by Mary Cope • Terrafin
Listing updated: August 1, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2562854
Open houses
No upcoming open houses scheduled for this property.
$1,372,000
-$27,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $712K and $969K.
Rental earnings
$4,125/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$780,000Last sold price
1407 Creso Road S, Spanaway, WA 98387
$740,000Last sold price
627 S 166th Street, Spanaway, WA 98387
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
16925 Spanaway Loop Road S, Spanaway, WA 98387
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$8,678 per month
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Spanaway is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
$74,000 Sold
6 days ago
2 bd•0.75 ba•Single Family
17103 Spanaway Loop Road S #15, Spanaway, WA 98387
13%
Under list
—
Days on market
0.1 mi
Distance
$719,000 Sold
3 weeks ago
3 bd•1.75 ba•~1,896 sq ft•Single Family
16006 Spanaway Loop Road S, Spanaway, WA 98387
0%
Over list
—
Days on market
0.7 mi
Distance
$719,000 Sold
3 weeks ago
•Single Family
16006 Spanaway Loop Road S, Spanaway, WA 98387
0%
Over list
—
Days on market
0.7 mi
Distance
$589,999 Sold
5 weeks ago
3 bd•2 ba•~2,164 sq ft•Single Family
625 173rd Street S, Spanaway, WA 98387
0%
Over list
—
Days on market
0.5 mi
Distance
$572,500 Sold
4 months ago
3 bd•2.25 ba•~1,760 sq ft•Single Family
16011 Spanaway Loop S, Spanaway, WA 98387
0%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Bethel School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
