1000 Creso Road S, Spanaway, WA 98387
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: greg garner, chris murphy
Office: compass
MLS#:2553466
Source:NWMLS
1000 Creso Road S,Spanaway, WA 98387
$3,400,000
- - Beds
- - Baths
- 4,233 sq. ft.
- Multi-family
- Pending Feasibility
Price summary
- Price:$3,400,000
- Price per sq. ft.:$803.21
About this home
This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes....
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Home facts
- Year built:2001
- Subdivision & Development:Spanaway Lake
- Listing ID #:2553466
- Updated:October 28, 2026 at 10:43 AM
Rooms and interior
- Flooring:Carpet, Hardwood, Slate Floor, Vinyl Floor, Vinyl Plank
- Living area:4,233 sq. ft.
Heating and cooling
- Heating:Forced Air, Heat Pump, High Efficiency (Unspecified)
Structure and exterior
- Roof:Tile
- Year built:2001
- Building area:4,233 sq. ft.
- Lot area:9.31 Acres
- Lot Features:Cul-De-Sac, Paved, Secluded
- Construction Materials:Stone Exterior Finish, Stucco Exterior Finish, Wood Exterior Finish
- Exterior Features:Dock, Patio, Sprinkler System
Schools
- High school:Spanaway Lake High
- Middle school:Spanaway Jnr High
- Elementary school:Spanaway Elem
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,400,000
- Price per sq. ft.:$803.21
- Tax amount:$32,136 (2026)
Features and amenities
- Amenities:Dock, Electric Car Charging, Gated Entry, High Speed Internet
Parking
- Total parking spaces:30
- Parking description:RV Parking
- Garage:Yes
- Garage spaces:4
- Carport spaces:6
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