5540 & 5550 E Mason Lake Drive W · Grapeview, WA 98546
Source: NWMLS · Keller Williams Rty Tacoma · Chad Hauer #NWM2553662
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!
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Condition
- Very Good
- Year built
- 1976
- Lot size
- 39,248 sq ft (0.9 acres)
- County
- Mason
- MLS #
- NWM2553662
Interior
- Heating
- Baseboard, Wall Furnace
- Cooling
- None
- Flooring
- Vinyl Plank
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 2 · Electric, Wood Burning
- Interior features
- Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Vaulted Ceiling(s), Water Heater
- Entry level
- Split
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Block
- Lot features
- Value In Land
- Topography
- Sloped,Terraces
- View
- Canal, Lake, Territorial
- Waterfront
- Yes
Parking
- Parking spaces
- 10
- Garage
- Yes
- Carport
- Yes
- Covered spaces
- 4
- Parking features
- Attached Carport, Driveway, Detached Garage, Off Street, RV Parking
Utilities
- Water
- Individual Well
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Mason Lake
- Community features
- Athletic Court, Boat Launch, Club House
- Property tax
- $8,328 (2026)
Transaction
- Listed on
- Jul 13, 2026
- Days on market
- 69
- Price per sq ft
- $690
- Listing terms
- Cash, Conventional, USDA Loan, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2025-06-10
- Sold$1,798,000
- 2018-10-29
- Sold$500,000
Schools
School district: Grapeview #54
- Elementary
- Grapeview Elem
- Middle
- Grapeview
- High
- North Mason Senior High SchoolSchoolDigger 1 star · Top 78% in WA
Listing provided courtesy of: Keller Williams Rty Tacoma
Listing agent: Chad Hauer.
Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-01.