$575,000
Est. $2,971/mo3 bd•1 ba•1,660 sq ft
16416 Spanaway Loop Road S, Spanaway, WA 98387
• Listed 2026-08-06•New today
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House back on market, after financing failed. Discover the potential of this charming 3-bed, 1-bath, 1,660 sqft home set on a sprawling 2.3-acre lot. Built in 1929, this character-filled fixer-upper is inviting you to transform it into your dream home or an investment opportunity. The detached garage offers added storage or workshop space, catering to hobbyists and tinkerers alike. Located close to all amenities, this property provides the perfect balance of rural tranquility and urban convenience. The expansive grounds invite creativity—design flourishing gardens, expand your outdoor living areas, or consider future development opportunities. Ideal for renovators or those eager to customize and build equity. The home is sold as-is, ready for your vision and craftsmanship. Embrace the opportunity to revive this gem and make it your own. With layers of charm waiting to be uncovered, you can craft a personalized retreat! Property is being sold as-is.
Listed by Mary Cope • Terrafin
Listing updated: September 7, 2026 at 03:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2565111
16416 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
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,610 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Spanaway is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
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
4 weeks ago
2 bd•0.75 ba•Single Family
17103 Spanaway Loop Road S #15, Spanaway, WA 98387
13%
Under list
—
Days on market
0.5 mi
Distance
$719,000 Sold
6 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
0.3 mi
Distance
$719,000 Sold
6 weeks ago
•Single Family
16006 Spanaway Loop Road S, Spanaway, WA 98387
0%
Over list
—
Days on market
0.3 mi
Distance
$589,999 Sold
8 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
1.0 mi
Distance
$572,500 Sold
5 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
0.3 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 7, 2026 at 03:57pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Wed, Sep 9 +1
Open Wed, Sep 9 +1$621,000
+$46,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $470K and $719K.
Rental earnings
$1,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$719,000Last sold price
16006 Spanaway Loop Road S, Spanaway, WA 98387
$470,000Last sold price
139 169th Street E, 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.
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