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Listing courtesy of NWMLS / Keller Williams Rty Tacoma

5540 & 5550 E Mason Lake Drive W

Grapeview, WA 98546

3 beds
3 baths
2,606 sqft
~1 acre lot
$633 per sqft
1976 build

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!

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

Last checked: Checking… • Last updated Apr 18, 2025 •

MLS# 2359742 —

The Building

Year Built:

1976
New Construction:

false
Building Information:

Built On Lot
Structure Type:

House
Roof:

Composition
Entry Location:

Split
Foundation Details:

Block
Basement:

Daylight
Exterior Features:

Wood
Levels:

One
Building Area Total:

2606
Building Area Units:

Square Feet
Calculated SqFt:

2606
SqFt Source:

Seller Measurements (see supplement)
Construction Materials:

Wood

Interior

Interior Features:

Second Kitchen, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Vaulted Ceiling(s), Water Heater
Living Area:

2606
Flooring:

Vinyl Plank
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Electric, Wood Burning
Main Level Fireplace:

1
Lower Level Fireplace:

1
Finished SqFt:

2606

Financial & Terms

Possession:

Closing

Location

Latitude:

47.354905
Longitude:

-122.927959
Directions:

GPS Friendly.

The Property

Property Type:

Residential
Property Subtype:

Residential
Parcel Number:

222335100101
Lot Features:

Value In Land
Lot Size Units:

Square Feet
Lot Size Dimensions:

134' x 365' x 118' x 342'
Lot Size Acres:

0.901
Lot Size SqFt:

39248
Lot Size Source:

County
Zoning Jurisdiction:

County
Land Lease:

false
View:

Lake
View:

true
Waterfront:

true
Waterfront Footage:

134'
Topography:

Sloped,Terraces
Vegetation:

Brush, Garden Space, Wooded
Waterfront Features:

Bulkhead, Lake
Zoning:

residential
Additional Parcels Description:

222335100102
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

7864

Beds

Bedrooms Total:

3
Bedrooms Possible:

3
Main Level Bedrooms:

3

Baths

Total Baths:

3
Baths:

2.25
Three Quarter Baths:

3
Main Level Bathrooms:

2
Main level Three Quarter Bath:

2
Lower Level Three Quarter Baths:

1

The Listing

Special Listing Conditions:

None
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour URL Description:

Video Tour

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard, Wall Unit(s)

Utilities

Water Company:

Well
Water Heater Location:

lower kitchen
Water Heater Type:

electric
Water Source:

Individual Well
Sewer:

Septic Tank
Sewer Company:

Septic
Power Company:

Pud #3

Appliances

Appliances:

Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Appliances Included:

Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Schools

High School District:

Grapeview #54

The Community

Subdivision Name:

Mason Lake
Community Features:

Athletic Court, Boat Launch, Club House, Trail(s)
Spa:

true
Senior Community:

false
Association:

false

Parking

Parking Total:

4
Parking Features:

Attached Carport, Driveway, Detached Garage, RV Parking
Open Parking:

false
Garage:

true
Garage Spaces:

4
Attached Garage:

false
Garage SqFt:

412
Carport:

true
Covered Spaces:

4

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Mon Apr 21 2025 07:52 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$1,650,000

Expense	Monthly cost
Mortgage	$8,835
Taxes	$655
Insurance	$453
Utilities	$144 See report
Total	$10,087/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/17/25 Apr 17, 2025	Listed / Active	NWMLS	$1,650,000

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This house located in WA 98546 is currently for sale for $1,650,000. 5540 & 5550 E Mason Lake Drive W is a 2,606 square foot house with 3 beds and 3 baths. This house is in the attendance area of Grapeview Elementary School.

Listing courtesy of NWMLS / Keller Williams Rty Tacoma

Disclaimer: The information contained in this listing has not been verified by Keller Williams Rty Tacoma and should be verified by the buyer.