Listing provided courtesy of Theory Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2462845MLS Provider

20508 40th Avenue Ct ESpanaway, WA 98387

Vacant Land · 0.40 Acres
$74,950 Pending Feasibility

20508 40th Avenue Ct E Overview

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CALLING ALL INVESTORS AND HOMEOWNERS! Searching for a perfect neighborhood to develop in? Tired of searching for a good move-in ready home? Opportunity awaits you with this lot ready for you to develop your next investment or customize your new home to move into! Located conveniently close enough to the Highway 7, stores, and restaurants but yet just enough removed to enjoy the peace of this neighborhood filled with longtime homeowners! Perc test complete and it percs! Water and power in the street. Open to owner finance options! Not many opportunities under $75,000 available like this one! Perfect timing before Summer! Don’t let this slip away!

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20508 40th Avenue Ct E Facts & Features

  • Type Vacant Land
  • Lot 0.40 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Bethel

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 99 - Spanaway
  • Subdivision Name: Bethel

Tax Information

  • Tax Annual Amount: $1,611.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Owner Will Carry, Rehab Loan
  • Parcel Number: 7145250133
  • Possible Use: Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.3985
  • Lot Size Square Feet: 17360
  • Lot Size Units: Square Feet
  • Property Features: Brush,Heavily Forested,Lightly Treed
  • Road Surface Type: Paved
  • Topography: See Remarks
  • Vegetation: See Remarks
  • Elevation Units: Feet
  • Water Source: In Street

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Not Available
  • Utilities: Electricity Available

20508 40th Avenue Ct E Neighborhood

Community

98387 (Spanaway) Demographics

32
Median Age
1,784
Population Density (per sq. mile)
30%
College Educated
$80,272
Estimated Median Income
12,142
Estimated Total Home Owners
4,211
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

20508 40th Avenue Ct E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

20508 40th Avenue Ct E Market Data

Based on the last 30 days in this zip code

$545,944
Average List Price
$273
Average Price per Square Foot
52
Properties Sold
78
Average Days on Market
290
Properties for Sale
Calculations provided by Reliance Network

20508 40th Avenue Ct E History

Date Event Value Agent
1/7/2026Source: NWMLS Status Change
Pending Feasibility
1/6/2026Source: NWMLS Added to Database
January 06, 2026