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$1,798,000

5540 & 5550 Mason Lake Drive

Grapeview, WA 98546

Active
BulkheadLakeNo BankCanal viewLake viewTerritorial view

Beds

3

Baths

3

Sq Ft

2,606

Lot

0.90 ac

Year built

1976

Type

Residential

Days listed

65

MLS #

2553662

About this home

Your own waterfront resort! 2 homes on 2 lots on shy acre with 134’ of watrfrnt w/ 2 docks. 3 units w/ kitchens & baths, 2 bunkhouses, gym, office, hot tub, waterfront lounge with fireplace and bar, covered pavilion with kitchen, dining, pizza oven and movie projector, garage w/RV door and tons of parking. This is a unique multi-family compound with 15 beds that can sleep 20 guests. Every space is well stocked and designed to create the ultimate lake lifestyle. All furniture and décor included as well as 6,000lb boat lift, 8 kayaks, 2 paddle boards and lake necessities like towels, life jackets and water toys. Location is a no-wake zone, ideal for swimming, and close to boat launch, pickleball courts, ATV & walking trails. See virtual tour!

Interior features

Second KitchenDbl Pane/Storm WindowDining RoomFireplaceFrench DoorsSecurity SystemVaulted Ceiling(s)Water Heater

Exterior features

Wood

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Grapeview Elem

Middle

Grapeview

High

North Mason Snr High

Property details

Heating
Baseboard, Wall Furnace
Cooling
None
Flooring
Vinyl Plank
Parking
Attached Carport, Driveway, Detached Garage, Off Street, RV Parking
View
Canal, Lake, Territorial
Lot
Value In Land
Water source
Individual Well
Sewer
Septic Tank
Levels
One
Fireplaces
2

Costs

Price / sq ft
$690
Annual taxes
$8,328 (2026)

Estimate your monthly payment

$9,786/mo

Principal & interest
$9,092
Property taxes
$694
Loan amount $1,438,400

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Grapeview, WA 98546

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Keller Williams Rty Tacoma— Chad Hauer.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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