1000 Creso RD S, Spanaway, WA 98387
1000 Creso RD S, Spanaway, WA 98387,Video Tour
1000 Creso RD S, Spanaway, WA 98387
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Listed by:COMPASS • Greg Garner
$3,400,000
Est. payment /mo
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16 Beds
10 Baths
4,233 SqFt
Active

1000 Creso RD S Spanaway, WA 98387

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,233 sqft

Price per Sqft $803

Subdivision Spanaway Lake

MLS Listing ID 2553466

Style 55 - 5-9 Units

Bedrooms 16

Year Built 2001

Annual Tax Amount $32,136

Lot Size 9.310 Acres

Lot Dimensions Irregular

Property Sub-Type Multi Family

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.

Location

State WA

County Pierce

Area 99 - Spanaway

Interior

Flooring Hardwood, Slate, Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Stone, Stucco, Wood

Garage Spaces 4.0

Amenities Available Dock, Electric Car Charging, Gated Entry, High Speed Internet, Outbuildings, Outdoor Fireplace, Patio, RV Parking, Sprinkler System

Waterfront Description Lake,No Bank

View Y/N Yes

View Lake, Mountains

Roof Type Tile

Building

Lot Description Cul-De-Sac, Paved, Secluded

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Spanaway Elem

Middle Schools Spanaway Jnr High

High Schools Spanaway Lake High

School District Bethel

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=ErG1UYrse15&mls=1

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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DJ Gee

DJ Gee

+1(253) 363-0413

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