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$3,400,000
2553466 MLS ACTIVE Status
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.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

$1,288,000
3 Beds 3 Baths 2543608 MLS ACTIVE Status
SELLER PAID 2/1 RATE BUY-DOWN! TWO FULL % PTS BELOW MARKET RATE 1st Yr, 1 % Pt BELOW 2nd Yr! Breathtaking Mountain Views & Timeless Elegance! 4342 Sq Ft Custom Rambler w/ Fully Finished Daylight Basement! Set Upon a Meticulously Landscaped 3.76 Acre Corner Lot in a Private, Gated, No HOA, Enclave of Custom-Built Homes, Large Parcels & Spectacular Natural Beauty! Well Equipped for Comfort; 9.3 KW Solar Panels, Heat Pump, Private Well, & Whole-Home Generator! Step Inside to Light-Filled Open Concept Living where Expansive Windows Capture Stunning Territorial & Mountain Views! The Great Room Flows to the Dining Area & Entertainer's Kitchen! Wake to the Sight of Mt. Rainier in Your Primary Suite & Relax in the Spa-Inspired Quartz Slab Wall En-Suite Bath, Large WIC, too! A Private Den, Powder Rm, & Utility Rm Complete the Main Lvl. Grand 8 Ft Doors, Built-in Buffet, Display Cabinetry, & Central Vac System! The Fully Finished Daylight Basement Expands the Home's Multi-Gen Versatility; Rec Rm w/ Custom Built-ins, Two Bds w/ Jack & Jill Bath - Each w/ Sliding Door to the Private Courtyard, & Two Lrg Bonus Rms! Car Enthusiasts & Hobbyists will Appreciate the 3 Car 1298 Sq Ft Garage (220), RV Carport w/ Connection(s), Two 10 x 20 Workshops (1w/220), & Two Garden Sheds! Your Own Fruit Tree Orchard, Gardens, Patio, & Sprinkler Sys! Add'tl Build Site Possible! Horses OK! True Serenity of Elevated Rural Living Close to Everyday Conveniences! An Extraordinary Opportunity to Call Home!

2315 262nd Street Ct E, Spanaway

Listing courtesy of RE/MAX Exclusive.

$1,288,000
3 Beds 3 Baths 2531706 MLS ACTIVE Status
SELLER PAID 2/1 RATE BUY-DOWN! TWO FULL % PTS BELOW MARKET RATE 1st Yr, 1 % Pt BELOW 2nd Yr! Breathtaking Mountain Views & Timeless Elegance! 4342 Sq Ft Custom Rambler w/ Fully Finished Daylight Basement! Set Upon a Meticulously Landscaped 3.76 Acre Corner Lot in a Private Gated Enclave of Custom-Built Homes, Large Parcels & Spectacular Natural Beauty! Well Equipped for Comfort; 9.3 KW Solar Panels, Heat Pump, Private Well, & Whole-Home Generator! Step Inside to Light-Filled Open Concept Living where Expansive Windows Capture Stunning Territorial & Mountain Views! The Great Room Seamlessly Connects to the Dining Area & Entertainer's Kitchen! Wake to the Sight of Mt. Rainier in Your Primary Suite & Relax in the Spa-Inspired Quartz Slab Wall En-Suite Bath, Large WIC, too! A Private Den, Powder Rm, & Utility Rm Complete the Main Lvl. Grand 8 Ft Doors, Built-in Buffet, Display Cabinetry, & Central Vac System! The Fully Finished Daylight Basement Expands the Home's Multi-Gen Versatility; Rec Rm w/ Custom Built-ins, Two Bds w/ Jack & Jill Bath - Each w/ Sliding Door to the Private Courtyard, & Two Lrg Bonus Rms! Car Enthusiasts & Hobbyists will Appreciate the 3 Car 1298 Sq Ft Garage (220), RV Carport w/ Connection(s), Two 10 x 20 Workshops (1w/220), & Two Garden Sheds! Your Own Fruit Tree Orchard, Gardens, Patio, & Sprinkler Sys! Add'tl Build Site Possible! Horses OK! True Serenity of Elevated Rural Living Close to Everyday Conveniences! An Extraordinary Opportunity to Call Home!

2315 262nd Street Ct E, Spanaway

Listing courtesy of RE/MAX Exclusive.

$3,400,000
4 Beds 4 Baths 2525804 MLS ACTIVE Status
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.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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