1000 Creso Road S

Spanaway, WA
$ 3,400,000 Beds 4 Baths 3.5 Sq 4,233 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 3,400,000
  • City
  • Spanaway
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • PIERCE
  • Half Bathrooms
  • 1
  • Area
  • Spanaway
  • Lot Size
  • 9.31 Acres
  • Zip
  • 98387
  • Sqr Footage
  • 4,233
  • Year Built
  • 2001
  • Taxes
  • $ 32136
  • Style
  • MLS#
  • 2525804
Listed By: COMPASS and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Maple Falls, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Spanaway Elem
Middle School Spanaway Jnr High
High School Spanaway Lake High

Price History

5/19/2026 Listed $3,400,000

Property vs Zip Code Average in 98387

Price
AVG $580K
$3.4M
Taxes
AVG $4,684
$32,136
Year Built
AVG 2003
2001
Visits
AVG 318
898
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1000 Creso Road S Spanaway, WA is a Single Family Home for sale at $3400000 with 4233 sqft and a lot size of 9.31 Acres Acre(s). 1000 Creso Road S Spanaway has 4 bedrooms, 3 baths and was built in 2001. The property's zip code is 98387 which is in Spanaway, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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