Date
Details
Price
Change
Source
7/13/2026
Listed
$1,798,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,798,000 Just Listed
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Property Description & Video
5540 & 5550 E Mason Lake Drive W, Grapeview, WAVideo Tour of 5540 & 5550 E Mason Lake Drive W, Grapeview, WA.
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!
Full Property Details
Full Property Details for 5540 & 5550 E Mason Lake Dr W
General
- Price: $1,798,000
- Taxes: $8,327 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2553662
- Updated: 7/13/2026
- Added to Site: 2 day(s) ago
Rental Information
- Short Term: Yes
Interior
- Interior Features: Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System, Vaulted Ceiling(s), Water Heater
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Electric, Wood Burning
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- 3/4 Bathrooms: 3
- Main Floor Baths: 2
- Main - 3/4 Baths: 2
- Lower - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Additional Information
- Amenities: Cabana/Gazebo, Cable TV, Deck, Dock, Gated Entry, High Speed Internet, Hot Tub/Spa, Moorage, Outbuildings, Patio, RV Parking, Shop
- Spa: Yes
- Security/Safety: Security Gate, Security System
Parking
- Garage: Yes
- Carports: Yes
- Covered Spaces: 4
- Uncovered Spaces: 6
- Parking Features: Attached Carport, Driveway, Detached Garage, Off Street, RV Parking
Location
- Area: 172 - Mason Lake Region
- County: Mason
- Subdivision: Mason Lake
- Driving Directions: GPS Friendly.
- Direction Faces: Southeast
School Information
- High School District: Grapeview #54
- Elementary School: Grapeview Elem
- Middle School: Grapeview
- High School: North Mason Snr High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Wall Furnace
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Individual Well
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Daylight, Finished
- Foundation: Block
- Roof: Composition
- Entry Location: Split
- Square Feet: 2,606
- Finished Total: 2,606 Sq. Ft.
- Year Built: 1976
- Property Condition: Very Good
Lot Features
- Property View: Canal, Lake, Territorial
- Lot Size (Acres): 0.901
- Lot Size (Sq. Ft.): 39,248
- Lot Size Source: LS
- Lot Dimensions: 134' x 365' x 118' x 342'
- Topography: Sloped, Terraces
- Lot Features: Value In Land
- Trees/Vegetation: Brush, Garden Space, Wooded
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $8,327.94
- Tax Year: 2026
- Terms: Cash, Conventional, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 222335100101
Listed by Chad Hauer | Keller Williams Rty Tacoma | (253) 460-8640 and Stef Hauer | Keller Williams Rty Tacoma | (253) 460-8640
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Schools
Schools serving 5540 & 5550 E Mason Lake Dr W
School District:Grapeview School District
| Name | Grades | Distance |
|---|---|---|
Grapeview Elementary & Middle School 822 Mason Benson Road East, Grapeview, WA 98546 | K-8 | 2.5 mi |
North Mason Senior High School 150 East North Mason School Road, Belfair, WA 98528 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5540 & 5550 E Mason Lake Dr W
Estimate the Cost
Estimate the Cost for 5540 & 5550 E Mason Lake Dr W
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5540 & 5550 E Mason Lake Drive W, Grapeview, WA 98546 (MLS# 2553662) is a Single Family property with 3 bedrooms, 0 full bathrooms and 3 partial bathrooms. 5540 & 5550 E Mason Lake Drive W is currently listed for $1,798,000 and was received on July 13, 2026. Want to learn more about 5540 & 5550 E Mason Lake Drive W? Do you have questions about finding other Single Family real estate for sale in Grapeview? You can browse all Grapeview real estate or contact a Coldwell Banker agent to request more information.