Lake Park Real Estate

Lake Park Real Estate

Welcome to Lake Park, a hidden gem nestled in the heart of Spanaway, Washington, within the picturesque Pierce County. This charming neighborhood is characterized by its serene atmosphere, lush greenery, and, of course, the stunning lake that gives the community its name. Lake Park is perfect for those seeking a tranquil lifestyle while still enjoying the conveniences of urban living.

As you stroll through the tree-lined streets, you’ll discover a welcoming community that takes pride in its well-maintained parks and recreational facilities. The centerpiece of Lake Park is the sparkling lake, where residents enjoy a variety of outdoor activities such as fishing, kayaking, and picnicking along the scenic shores. The surrounding parks offer playgrounds, walking trails, and sports fields, making it an ideal spot for families and outdoor enthusiasts alike.

Lake Park boasts a diverse range of housing options, from cozy single-family homes to modern townhouses, catering to various lifestyles and budgets. The community is well-connected, with easy access to major highways and public transportation, making commutes to nearby Tacoma and Seattle a breeze.

Local amenities are abundant, with shopping centers, restaurants, and schools just a short drive away. The area is served by highly-rated schools, making it a fantastic choice for families looking to settle down.

Whether you’re drawn to the natural beauty, the friendly community vibe, or the convenient location, Lake Park in Spanaway offers a unique blend of tranquility and accessibility, making it a wonderful place to call home. Come explore the endless possibilities that await you in this charming neighborhood!

Newest Listings in Lake Park

$999,990
3 Beds 3 Baths 2581659 MLS ACTIVE Status
A rare opportunity on Spanaway Lake—where lifestyle, legacy and development potential converge. Set on an oversized ~0.87-acre waterfront parcel with nearly 100 feet of lake frontage, this property offers a level of scale and flexibility seldom found along the lake. Nearly double the size of nearby parcels, this exquisite parcel boasts an existing single-family home that sits near the OHWM and captures sweeping 180° lake views from inside, creating an immediate emotional connection to the water, while a separate 1-bedroom, 1-bath DADU adds guest, rental or multigenerational flexibility. For recreation buyers, this is a chance to own a substantial private lake property with room to create a true waterfront retreat. For investors and developers, the upside may be equally compelling: Urban Corridor (UCOR) zoning, significant parcel depth, and preliminary County discussions indicating potential paths for attached housing, townhomes or multifamily redevelopment, subject to shoreline, critical-area, sewer and land-use approvals (Buyer to Verify). County staff has also identified a gravity sewer connection up the street, providing a possible infrastructure path for future intensification. Large waterfront parcels with this combination of views, frontage, existing improvements, income potential and redevelopment optionality are increasingly difficult to find. Preserve it, enhance it, or explore what comes next—this is a property with the ingredients to become something exceptional.

823 173rd Street S, Spanaway

Listing courtesy of COMPASS.

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