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Listed by Amanda Cozar • eXp Realty.
FOR SALE

$190,900

Est. $1,057/mo

Price reduced $49,000 from the original $239,900 asking price

5400 224th E, Spanaway, WA 98387

• Listed Aug 24, 2026•58 days active · 58 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: eXp Realty; Amanda Cozar; 360-970-8131; amanda.cozar@exprealty.com

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Listing Broker: eXp Realty; Amanda Cozar; 360-970-8131; amanda.cozar@exprealty.com

About this home

3.89-acre wooded parcel in the Elk Plain area of Spanaway, offering a private setting with convenient access to 224th St E. The property is zoned R5-GCP and the assessor indicates power and water are available. Bring your vision for this spacious parcel and explore the possibilities. Buyer to verify all information to their own satisfaction, including zoning, permitted uses, development potential, access, utilities, septic feasibility, critical areas and subdivision requirements.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
3.89 acres
Parking
None
Price / sq ft
Not listed
School districtBethel

Listed by Amanda Cozar • eXp Realty

Listing updated: September 16, 2026 at 02:21pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2573639

Around this home

RexMont OfferEdge™

How much should you offer?

5400 224th E, Spanaway, WA 98387

List price
$190,900
Down payment
$38,180

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Layout

  • Res-Over 1 Acre

Schools

Ratings via SchoolDigger

Bethel School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
3.89 acres
Lot square feet
169,448 sq ft
Lot dimensions
558X324 approx
Topography
Level
Lot number
112

Zoning & use

Zoning code
R5
Zoning description
Residential
Zoning jurisdiction
County
Possible use
Residential
Restrictions
Unknown

Utilities

Utilities
Electricity Available
Electricity
In Street
Gas
Not Available
Water
Unknown - Verify
Sewer
Not Available

Road & access

Road responsibility
County
Road information
County Maintained,County Right of Way
Road on which side
South

Surveys & reports

Public land survey
04E-18N-07-SW-S
Sketch submitted
No

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Senior exemption
No
Financing
Cash, Conventional
Seller disclosure
Provided
Preliminary title ordered
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 5400 224th E

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 16, 2026
    Price reduced
    NWMLS via MLS Grid · #2573639
    $190,900
  2. Aug 24, 2026
    Listed
    NWMLS via MLS Grid · #2573639
    $239,900
  3. Oct 3, 2006
    Recorded sale
    Pierce County recorder · Statutory warranty deed
    $9,230

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$1,248 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: eXp Realty; Amanda Cozar; 360-970-8131; amanda.cozar@exprealty.com

Market pulse

Spanaway is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 64 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,400,000 Sold

    5 days ago

    4 bd•3 ba•~3,208 sq ft•Single Family

    4416 232nd Lane E, Spanaway, WA 98387

    0%

    Over list

    92

    Days on market

    0.9 mi

    Distance

  • $547,500 Sold

    2 weeks ago

    4 bd•2.25 ba•~1,803 sq ft•Single Family

    4621 212th Street E, Spanaway, WA 98387

    1%

    Over list

    66

    Days on market

    0.9 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 agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 21, 2026 at 5:25 AM PT (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.

Some IDX listings have been excluded from this website.

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