Lake Park Homes for Sale

Lake Park Homes for Sale

Welcome to Lake Park, a hidden gem nestled in the heart of Spanaway, Washington. This charming neighborhood boasts a serene atmosphere, making it the perfect retreat for families, retirees, and anyone seeking a peaceful lifestyle amidst nature's beauty. With its picturesque views of nearby lakes and lush greenery, Lake Park is truly a sanctuary for outdoor enthusiasts.

The community is well-known for its friendly neighbors and a strong sense of camaraderie, making it easy for newcomers to feel at home. Residents enjoy access to a variety of recreational activities, including hiking, fishing, and boating, all within a stone's throw from the neighborhood. The local parks are perfect for weekend picnics, while the nearby Spanaway Lake offers a tranquil setting for relaxation and fun.

When it comes to homes for sale in Lake Park, you’ll find a diverse selection that caters to various tastes and budgets. From cozy single-family homes to spacious properties with beautiful yards, there’s something for everyone. Many homes feature modern amenities, open floor plans, and stunning views, making them ideal for both entertaining and everyday living. With the current real estate market in Pierce County, now is an excellent time to explore the opportunities available in Lake Park.

With its blend of natural beauty, community spirit, and a range of housing options, Lake Park is more than just a neighborhood; it’s a place where memories are made and cherished. Come discover your dream home in this enchanting corner of Spanaway!

Newest Lake Park Homes for Sale

$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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