Address
1000 Creso Road S, Spanaway, WA
Price
$ 3,400,000
Property Attributes
- ID#2525804
- TypeSingle Family
- CountyPIERCE
- CitySpanaway
- AreaSpanaway
- NeighborhoodSpanaway Lake
- Zip98387
- Style
- Year Built2001
- Taxes$ 32136
- Price$ 3,400,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4233
- Lot Size9.31 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Spanaway Elem | Spanaway Jnr High | Spanaway Lake High |
| Price History | |
|---|---|
| 5/19/2026 | Listed $3,400,000 |
General Features
| Living Area | 4233 |
|---|---|
| Sewer | Septic Tank |
| Heating | Forced Air,Heat Pump,High Efficiency (Unspecified) |
| Cooling | Heat Pump |
| Possession | Closing |
| Roof | Tile |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Architectural Style | See Remarks |
| Security Features | Security Gate |
| Year Built | 2001 |
| View | Lake,Mountains |
| Topography | Level |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Waterfront Features | Lake,No Bank |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Spanaway Lake |
| Facing Direction | South |
| Garage Y/N | Yes |
| Full Baths | 3 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From Hwy 512 and Steele St continue south transitioning into Spanaway Loop Rd. Follow Spanaway Loop Rd approx 5 miles to Creso Road. Left on Creso Rd. 1000 Creso Rd is through the gates at the end. |
| High School | Spanaway Lake High |
| City | Spanaway |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Bethel |
| MLS Area | 99 - Spanaway |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 405544 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Spanaway Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 32136 |
| Middle/Junior High School | Spanaway Jnr High |
| Property Condition | Very Good |
| Public Remarks | This stunning lakefront property is unlike anything youve ever seen! Sited on 700 feet of waterfront and 9.31 acres,this special property is the perfect combination of lakefront luxury and income gen |
| Virtual Tour | https://my.matterport.com/show/?m=ErG1UYrse15&mls=1 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Spanaway Water |
| Property Style | 12 - 2 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Second Kitchen,Bath Off Primary,Dbl Pane/Storm Window,Fireplace,French Doors,Jetted Tub,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater |
|---|---|
| Basement | None |
| Flooring | Hardwood,Slate,Vinyl,Vinyl Plank,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 1 |
| Total Bedrooms | 4 |
| Main Level Bedrooms | 2 |
| Total Baths | 4 |
| Bedrooms Possible | 4 |
| Water Heater Type | Electric |
| Water Heater Location | Laundry Room |
| Fireplaces Main | 1 |
| Power Production Type | Electric,Wood |
| Bedrooms Upper | 2 |
| Baths Half Main | 1 |
| Baths Full Upper | 2 |
| Baths Full Main | 1 |
| Bathrooms | 3.5 |
Exterior Features
| Exterior Amenities | Stone,Stucco,Wood |
|---|---|
| Vegetation | Fruit Trees,Garden Space |
| Parking Features | Attached Garage,RV Parking |
| Lot Features | Cul-De-Sac,Paved,Secluded |
| Water Source | Public |
| Total Parking | 8 |
| Inclusions | Dishwasher(s),Dryer(s),Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 4233 |
| Lot Dimensions | Irregular |
| Lot Size Acres | 9.31 |
| Waterfront Y/N | Yes |
| Covered Spaces | 3 |
| Irrigation Water Rights Y/N | No |
| Waterfront Footage | 700 |
| Site Features | Dock,Electric Car Charging,Gated Entry,High Speed Internet,Moorage,Outbuildings,Outdoor Fireplace,Patio,RV Parking,Sprinkler System |
| Parking Uncovered Total | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98387
Price
Taxes
Year Built
Visits
In The Neighborhood
Spanaway
$ 1,150,000
- Type
- Single Family | Active
- Size
- 2,452 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Northwest Home Sales
Spanaway
$ 679,000
- Type
- Single Family | Active
- Size
- 2,900 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: John L. Scott Arlington
Open House
Spanaway
$ 651,725
- Type
- Single Family | Active
- Size
- 2,683 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: eXp Realty
