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Listed by: Keller Williams Rty Tacoma • Chad Hauer

$1,798,000

5540 & 5550 E Mason Lake Drive W, Grapeview, WA 98546

3beds

2,606sqft

$10,330/mo

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Single Family Residence

Built in 1976

0.9 Acres Lot

$-- Zestimate^®

$690/sqft

$-- HOA

What's special

Hot tub

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!

25 days

1,306

87

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
3/4 bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 3

Bedroom

Level: Main

Bedroom

Level: Main

Bedroom

Level: Main

Bathroom three quarter

Level: Lower

Bathroom three quarter

Level: Main

Bathroom three quarter

Level: Main

Bonus room

Level: Lower

Den office

Level: Lower

Dining room

Level: Main

Entry hall

Level: Split

Kitchen with eating space

Level: Main

Living room

Level: Main

Utility room

Level: Lower

Heating

Fireplace, Baseboard, Wall Furnace, Electric

Cooling

None

Appliances

Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Lower Kitchen

Features

Dining Room
Flooring: Vinyl Plank
Doors: French Doors
Windows: Dbl Pane/Storm Window
Basement: Daylight,Finished
Number of fireplaces: 2
Fireplace features: Electric, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace

Interior area

Total structure area: 2,606
Total interior livable area: 2,606 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 10
Parking features: Attached Carport, Driveway, Detached Garage, Off Street, RV Parking
Has garage: Yes
Has carport: Yes
Covered spaces: 4
Uncovered spaces: 6

Features

Levels: One
Stories: 1
Entry location: Split
Patio & porch: Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Vaulted Ceiling(s), Water Heater
Has spa: Yes
Has view: Yes
View description: Canal, Lake, Territorial
Has water view: Yes
Water view: Canal,Lake
Waterfront features: Bulkhead, Lake, No Bank
Frontage length: Waterfront Ft: 134'

Lot

Size: 0.9 Acres
Dimensions: 134' x 365' x 118' x 342'
Features: Value In Land, Cabana/Gazebo, Cable TV, Deck, Dock, Gated Entry, High Speed Internet, Hot Tub/Spa, Moorage, Outbuildings, Patio, RV Parking, Shop
Topography: Sloped,Terraces
Residential vegetation: Brush, Garden Space, Wooded

Details

Parcel number: 222335100101
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: 1 Story w/Bsmnt.
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Block
Roof: Composition

Condition

Very Good
Year built: 1976

Utilities & green energy

Electric: Company: Mason Co PUD #3
Sewer: Septic Tank, Company: Septic
Water: Individual Well, Company: Individual Well
Utilities for property: Astound, Astound

Community & HOA

Community

Features: Athletic Court, Boat Launch, Clubhouse
Security: Security System
Subdivision: Mason Lake

Location

Region: Grapeview

Financial & listing details

Price per square foot: $690/sqft
Annual tax amount: $8,327
Date on market: 7/12/2026
Cumulative days on market: 27 days
Listing terms: Conventional,USDA Loan,VA Loan
Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/13/2026	Listed for sale	$1,798,000$690/sqft
Source: NWMLS as distributed by MLS GRID #2553662 Report a problem
6/10/2025	Sold	$1,798,000+9%$690/sqft
Source: NWMLS as distributed by MLS GRID #2359742 Report a problem
4/29/2025	Pending sale	$1,650,000$633/sqft
Source: NWMLS as distributed by MLS GRID #2359742 Report a problem
4/17/2025	Listed for sale	$1,650,000$633/sqft
Source: NWMLS as distributed by MLS GRID #2359742 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 98546

Getting around

0 / 100

Car-Dependent

14 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Grapeview Elementary & Middle School
Grades: K-8Distance: 2.5 mi

Schools provided by the listing agent

Elementary: Grapeview Elem
Middle: Grapeview
High: North Mason Snr High

Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.