1000 Creso Rd S

4,233 Sq. Ft.
$803 / Sq. Ft.
4,233
Sq. Ft.
$803
per Sq. Ft.

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...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.

Listing Agents

  1. Greg Garner

    Greg Garner

    Listing Agent

    Compass

    P: (253)-279-8000

  2. Chris Murphy

    Chris Murphy

    Alternative Listing Agent

    Compass

    P: (360)-918-6497

Property Details for 1000 Creso Road South

Community Name
Spanaway Lake
School District
Bethel
View
Lake, Mountains
Number of Assigned Spaces
8
Total Covered Parking
3
Entry Date
05-19-2026
Energy Source
Electric,Wood
Sewer
Septic Tank
LISTING UPDATED: 05/20/2026 12:12 PM

Property Details for 1000 Creso Road South

StatusActive
MLS #2525804
Days on Market18
Cumulative Days on Market18
Taxes$32,136 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built2001
Lot Size9.31 AC / 405,544 SF
CountyPierce County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass
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Building Information for 1000 Creso Road South

Stories-Year Built2001Building Size-Lot Size9.31 AC / 405,544 SF

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$19,621 per month

30 year fixed, 6.36% Interest

Principal and Interest

$16,943

Property Taxes

$2,678

HOA Dues

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Property Information for 1000 Creso Road South

Summary
Location and General Information
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Site Features: Dock, Electric Car Charging, Gated Entry, High Speed Internet, Moorage, Outbuildings, Outdoor Fireplace, Patio, RV Parking, Sprinkler System
  • Area: 99 - Spanaway
  • Elementary School: Spanaway Elem
  • Middle Or Junior School: Spanaway Jnr High
  • High School: Spanaway Lake High
  • Effective Year Built Source: Public Records
  • 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.
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: Yes
  • Entry Location: Main
  • Direction Faces: South
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached, RV Parking
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 1
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Full Baths Upper: 2
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 2
  • ADU Baths: 2
Bedroom Information
  • ADU Beds: 4
  • Bedrooms Main: 2
  • Bedrooms Upper: 2
  • Bedrooms Lower: 0
  • Bedrooms Possible: 4
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Hardwood, Slate, Vinyl, Vinyl Plank, Carpet
  • Basement: None
  • Features: Second Kitchen, Bath Off Primary, Dbl Pane/Storm Window, Fireplace, French Doors, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Water Heater Location: Laundry Room
  • Room and Floor: Bonus Room-Second, Den/Office-Main, Dining Room-Main, Entry Hall-Main, Great Room-Main, Kitchen With Eating Space-Main, Primary Bedroom-Main, Studio-Main, Utility Room-Main, Bathroom Full-Second, Bathroom Full-Main, Bathroom Half-Main, Bedroom-Second, Bedroom-Main
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: Yes
  • Cooling: Heat Pump
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air, Heat Pump, High Efficiency (Unspecified)
  • FIRPTA: No
  • Water Heater Type: Electric
  • Room List: Bonus Room, Den/Office, Dining Room, Entry Hall, Great Room, Kitchen With Eating Space, Primary Bedroom, Studio, Utility Room, Bathroom Full, Bathroom Half, Bedroom
  • Number Of Showers: 2
Exterior Features
  • Exterior: Stone, Stucco, Wood
  • Roof: Tile
  • Appliances That Stay: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Waterfront Description: Lake, No Bank
  • Security Features: Security Gate
Property
Utilities
  • Water Source: Public
  • Power Company: Elmhurst
  • Sewer Company: Septic
  • Water Company: Spanaway Water
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Level: Two
  • Lot Topography: Level
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2005
  • Photos Count: 40
Lot Information
  • Lot Details: Cul-De-Sac, Paved, Secluded
  • Lot Size Dimensions: Irregular
  • Lot Size Source: Public Records
  • Waterfront Footage: 700
  • Parcel Number Free Text: 0319291021
  • Building Condition: Very Good
  • Calculated Square Footage: 8655
  • Structure Type: House
  • Square Footage Finished: 4233
  • Square Footage Unfinished: 0
  • Vegetation: Fruit Trees, Garden Space
  • Building Area Total: 4233.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Water Access: Deeded Access
Multi Family
Building Details
  • Total Uncovered Parking: 5
Financing / Income and Expenses
  • Leased Equipment: None
Rental
Rent Information
  • Occupant Type: Owner
  • Land Lease: No

Property History for 1000 Creso Road South

DateEvent & SourcePriceAppreciation
May 19, 2026

Listed (Active)

NWMLS #2525804

$3,400,000
Apr 9, 2001

Sold (Public Record)

Public Record #71011401

$450,000
DateEvent & SourcePrice
05/19/2026

Listed (Active)

NWMLS #2525804

$3,400,000
04/09/2001

Sold (Public Record)

Public Record #71011401

$450,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1000 Creso Road South

Taxable ValueLand$1,051,600Additions$1,659,700Total$2,711,300
Tax Record2026$32,136 ($2,678 / month)
Home Facts
Total Finished SqFt1,368 SqFtAbove Ground SqFt1,368 SqFtStories1Lot Size405,544 SqFtStyleDuplexYear Built1961Year Renovated1979ZoningRRCountyPIERCEAPN0319291021Fireplace TypeHas Fireplace

Schools near 1000 Creso Road South

This home is within Bethel School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Spanaway Elementary School
PublicK to 5

Spanaway Junior High School
Public6 to 8

Spanaway Lake High School
Public9 to 12

Acceleration Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1000 Creso Road South is a single family home for sale in Spanaway, WA 98387. This property was listed for sale on May 19, 2026 by Compass, it's currently listed at $3,400,000. It has been on the market for a total of 18 days and was last sold on April 9, 2001. This listing's school district is Bethel School District. Nearby schools include Spanaway Elementary School, Spanaway Junior High School and Spanaway Lake High School. 1000 Creso Road South is a 4-bed, 4-bath, 4,233 sqft single family home built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass

Based on information submitted to the MLS GRID as of 05/20/2026 12:12 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.