1000 Creso Rd S Spanaway, WA 98387
Estimated payment $20,811/month
Highlights
- 700 Feet of Waterfront
- Second Kitchen
- Lake View
- Docks
- RV Access or Parking
- 9.31 Acre Lot
About This Home
This stunning lakefront property is unlike anything you’ve ever seen! Sited on 560 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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2525804
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,136
Year Built
- Built in 2001
Lot Details
- 9.31 Acre Lot
- 700 Feet of Waterfront
- Lake Front
- Cul-De-Sac
- South Facing Home
- Gated Home
- Secluded Lot
- Level Lot
- Sprinkler System
- Fruit Trees
- Garden
- Property is in very good condition
Home Design
- Poured Concrete
- Tile Roof
- Wood Siding
- Stone Siding
- Stucco
- Stone
Interior Spaces
- 4,233 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- French Doors
- Lake Views
Kitchen
- Second Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Slate Flooring
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- RV Access or Parking
Outdoor Features
- Docks
- Patio
- Outbuilding
Additional Homes
- Number of ADU Units: 3
- ADU includes 4 Bedrooms and 2 Bathrooms
Schools
- Spanaway Elementary School
- Spanaway Jnr High Middle School
- Spanaway Lake High School
Utilities
- Forced Air Heating System
- High Efficiency Heating System
- Heat Pump System
- Water Heater
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Spanaway Lake Subdivision
- Electric Vehicle Charging Station
Listing and Financial Details
- Assessor Parcel Number 0319291021
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,608 | $2,711,300 | $1,051,600 | $1,659,700 |
| 2024 | $29,608 | $2,800,000 | $1,005,200 | $1,794,800 |
| 2023 | $29,608 | $2,404,100 | $837,200 | $1,566,900 |
| 2022 | $26,021 | $2,478,900 | $881,200 | $1,597,700 |
| 2021 | $24,663 | $1,731,800 | $524,300 | $1,207,500 |
| 2019 | $20,376 | $1,621,000 | $458,200 | $1,162,800 |
| 2018 | $23,008 | $1,677,800 | $528,800 | $1,149,000 |
| 2017 | $20,246 | $1,481,100 | $467,100 | $1,014,000 |
| 2016 | $19,088 | $1,121,400 | $370,100 | $751,300 |
| 2014 | $15,750 | $1,134,600 | $392,200 | $742,400 |
| 2013 | $15,750 | $971,800 | $317,300 | $654,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | For Sale | $3,400,000 | -- | $803 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Seller Take Back |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2525804
APN: 031929-1021
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.