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Listed by Barb Magnuson • Windermere Prof Partners.
FOR SALE

$1,050,000

Est. $5,816/mo

4 bd•2.75 ba•2,280 sq ft

1603 S Walters Road, Tacoma, WA 98465

• Listed Oct 5, 2026•3 days active · 3 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere Prof Partners; Barb Magnuson; 253-851-7374; barbmagnuson@gmail.com

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Listing Broker: Windermere Prof Partners; Barb Magnuson; 253-851-7374; barbmagnuson@gmail.com

About this home

Newer exceptionally built 2,280 SF Modern home plus a 2026 Built 640 SF single level DADU offers a total of shy 3000 SF with a thoughtfully designed open-concept floor plan. Builder’s own quality-built contemporary home just one block from Titlow Park and the Beach! Modern & dramatic 8–12 ft ceilings, Trim-Tex recessed ceilings & baseboards, luxury vinyl plank flooring, 5 panel doors, custom tile baths, quartz countertops, abundant cabinetry/storage, & stainless LG appliances showcase the attention to detail throughout. The main-floor bedroom is ideal for guests, multigenerational living, or private home office. The spacious primary suite opens to an upper deck with partial Sound views—perfect for relaxing or AM coffee.A newly completed 640 SF detached ADU, adds tremendous flexibility with 2 bedrooms and 1 bath & features the same contemporary design and quality finishes. Use it for guests, extended living, or generate rental income—estimated potential of approximately $2,600/month, buyer to verify.The professionally landscaped corner lot features gated entry, a private fenced yard, two 10x10 storage sheds, & attractive Hardie Board panel siding with cedar accent trim. Walk to Boathouse 19, Water Park & Marina. Excellent local schools including Geiger Montessori Public Elementary. A rare opportunity to own a newer, architecturally distinctive home with a separate ADU in one of Tacoma’s desirable waterfront-adjacent neighborhoods.

Property type
Single Family
Year built
2023
Interior
2,280 sq ft
Lot size
0.1056 acres
Parking
Driveway
Price / sq ft
$461
Heating90%+ High Efficiency, Ductless, Wall Furnace
Cooling90%+ High Efficiency, Ductless
Property taxes$7,309/yr (est.)
School districtTacoma

Listed by Barb Magnuson • Windermere Prof Partners

Listing updated: October 7, 2026 at 10:45am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2590154

Around this home

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1603 S Walters Road, Tacoma, WA 98465

List price
$1,050,000
Down payment
$210,000

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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

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Pantry
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 1 on the main level
  • 3 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 2.75 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 2,280 sq ft finished

Accessory dwelling unit

  • 1 accessory dwelling unit (detached dwelling)
  • 2 bd · 1 ba · 640 sq ft

Flooring

  • Ceramic Tile
  • Vinyl Plank
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Ductless heating
  • Wall Furnace heating
  • 90%+ High Efficiency cooling
  • Ductless cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Terraces
Vegetation
Garden Space
Zoning code
RES
Zoning jurisdiction
County
Faces
West

Systems

Energy source
Electric
Power production
Electric
Power company
TPU
Water company
TPU
Sewer company
TPU
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
3

New construction

Builder
Peter Anderson
Square footage source
Public Records
Lot size source
Public Records
Effective year built source
See Remarks

Manufactured home

Land lease
No

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Tacoma 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.

Sales & Tax Records for 1603 S Walters Road

NWMLS via MLS Grid

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. Oct 2, 2026
    Listed
    NWMLS via MLS Grid · #2590154
    $1,050,000
    $461/sq ft
  2. Oct 30, 2013
    Sold
    NWMLS via MLS Grid · #485506
    $262,000
    $115/sq ft
  3. Sep 24, 2013
    Pending
    NWMLS via MLS Grid · #485506
    $298,325
    $131/sq ft
  4. Sep 24, 2013
    Price reduced
    NWMLS via MLS Grid · #485506
    $298,325
    $131/sq ft
  5. May 9, 2013
    Listed
    NWMLS via MLS Grid · #485506
    $325,000
    $143/sq ft

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.

Northwest MLS lists this home as eligible for down payment assistance programs

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

$6,688 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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: Windermere Prof Partners; Barb Magnuson; 253-851-7374; barbmagnuson@gmail.com

Market pulse

Tacoma is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • 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 29 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $625,000 Sold

    3 days ago

    3 bd•2.25 ba•~1,972 sq ft•Single Family

    1729 S Jackson Avenue, Tacoma, WA 98465

    0%

    Over list

    76

    Days on market

    0.7 mi

    Distance

  • $540,000 Sold

    1 week ago

    2 bd•1.5 ba•~948 sq ft•Single Family

    8432 S 18th Street, Tacoma, WA 98465

    0%

    Over list

    27

    Days on market

    0.1 mi

    Distance

  • $650,000 Sold

    3 weeks ago

    2 bd•1.75 ba•~1,141 sq ft•Single Family

    1538 S Wilton Road, Tacoma, WA 98465

    7%

    Under list

    66

    Days on market

    0.1 mi

    Distance

  • $705,950 Sold

    6 weeks ago

    2 bd•2 ba•~1,669 sq ft•Single Family

    7276 Rosemount Circle, Tacoma, WA 98465

    2%

    Under list

    166

    Days on market

    1.0 mi

    Distance

  • $3,700,000 Sold

    7 weeks ago

    •Single Family

    8424 8428 6th Avenue, Tacoma, WA 98465

    1%

    Under list

    133

    Days on market

    0.1 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 7, 2026 at 10:45am (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.

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