1000 Creso Road S Spanaway, WA 98387
1000 Creso Road S
Spanaway, WA 98387
$3,400,000
Residential
4 Beds
3.50 Baths
8655 SqFt
Active
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.
Watch Virtual Tour #1Property Features
Community: Spanaway Lake
2 Story
View:
View: Lake
Waterfront: Lake
Waterfront: No Bank
Dock
Electric Car Charging
Gated Entry
High Speed Internet
Moorage
Outbuildings
Patio
RV Parking
Sprinkler System
Outdoor Fireplace
Exterior: Stone
Exterior: Stucco
Exterior: Wood
Roof: Tile
Parking: Attached Garage
Parking: RV Parking
Year Built: 2001
2026 Taxes: $32136.00
Buyer Broker Comp.: 2.5%
Listing #: 2525804
Lot Details
Lot Size: 9.31 acres
Lot Dimensions: Irregular
Cul-De-Sac
Paved
Secluded
Appliances That Stay
Dishwasher
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer
Interior
Second Kitchen
Bath Off Primary
Fireplace
French Doors
Jetted Tub
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater
Dbl Pane/Storm Window
Cooling: Heat Pump
Heating: High Efficiency (Unspecified), Heat Pump, Forced Air
Electric
Wood
Fireplaces: 1
Schools
District: Bethel
Elem: Spanaway Elem
Middle: Spanaway Jnr High
High: Spanaway Lake High
Call or Email:
Grace Wamwere
What's Near 1000 Creso Road S Spanaway, WA 98387?

Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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