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Ardivus Brivity

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1000 Creso Rd S , Spanaway, WA 98387
$3,400,000
Est. Payment: $16,657.39/mo
4 Bed
3.5 Bath
8655 Sqft
Status: active | Days on site: 19
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.
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Highlights

Listed by Greg Garner , 253-987-1778 and Chris Murphy , 253-987-1778 COMPASS , 253-987-1778. Northwest Multiple Listing Service

Property Type

Residential
Lot/Acreage
9.31

Year Built

2001

County

Pierce

Area

99 - Spanaway

 Neighborhood

Spanaway Lake

 School District

Bethel

Listing ID

2525804

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3.5
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Air Cond:Heat Pump
Fireplaces:Wood Burning,1 Fireplace
Floor:Hardwood,Slate,Vinyl,Vinyl Plank,Carpet
Other:Second Kitchen,Bath Off Primary,Dbl Pane/Storm Window,Fireplace,French Doors,Jetted Tub,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Master on Main
Other:Spanaway Water

Exterior Features

Lot:Cul-De-Sac,Paved,Secluded,Built On Lot,Dock,Electric Car Charging,Gated Entry,High Speed Internet,Moorage,Outbuildings,Outdoor Fireplace,Patio,RV Parking,Sprinkler System,Lake,No Bank
Lot Dimensions:Irregular
Garage Capacity:8
Roof:Tile
Others:Stone,Stucco,Wood,Very Good,Has ADU
Sewer:Septic
Parking Features:Attached Garage,RV Parking
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$16,657
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$2,678

Home Price

$3,400,000

Home Price

Loan Details

30 yrs
6.199%

Interest Rate

Loan Type

Down Payment

20%
$680,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,657.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,657.39 $2,678.00 $0.00 $19,335.39
Yearly $199,888.69 $32,136.00 $0.00 $232,024.69
Total $5,996,660.83 $964,080.00 $0.00 $6,960,740.83
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Spanaway, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-06-24T20:10:15.000Z

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