Waterfront
Address
5540 & 5550 E Mason Lake Drive W, Grapeview, WA
Price
$ 1,798,000
Property Attributes
- ID#2553662
- TypeSingle Family
- CountyMASON
- CityGrapeview
- AreaMason Lake Region
- NeighborhoodMason Lake
- Zip98546
- Style1 Story w/Bsmnt.
- Year Built1976
- Taxes$ 8327
- Price$ 1,798,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2606
- Lot Size0.901 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Grapeview Elem | Grapeview Middle School | North Mason Snr High |
| Price History | |
|---|---|
| 7/13/2026 | Listed $1,798,000 |
General Features
| Living Area | 2606 |
|---|---|
| Sewer | Septic Tank |
| Heating | Baseboard,Wall Furnace |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Security Gate,Security System |
| Year Built | 1976 |
| View | Canal,Lake,Territorial |
| Topography | Sloped,Terraces |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Waterfront Features | Bulkhead,Lake,No Bank |
| Community Features | Athletic Court,Boat Launch,Club House |
| County | Mason |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Mason Lake |
| Facing Direction | Southeast |
| Garage Y/N | Yes |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS Friendly. |
| High School | North Mason Snr High |
| City | Grapeview |
| Entry Location | Split |
| Senior Community Y/N | No |
| High School District | Grapeview #54 |
| MLS Area | 172 - Mason Lake Region |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 39248 |
| Carport Y/N | Yes |
| Listing Terms | Cash,Conventional,USDA Loan,VA Loan |
| Elementary School | Grapeview Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 8327.94 |
| Middle/Junior High School | Grapeview |
| Property Condition | Very Good |
| Public Remarks | 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 |
| Virtual Tour | https://youtu.be/QKu_CCO2GnE |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Individual Well |
| Property Style | 16 - 1 Story w/Bsmnt. |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Second Kitchen,Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Security System,Vaulted Ceiling(s),Water Heater |
|---|---|
| Basement | Daylight,Finished |
| Flooring | Vinyl Plank |
| Total Fireplaces | 2 |
| Fireplace Features | Electric,Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| 3/4 Baths | 3 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Total Baths | 3 |
| Water Heater Type | Electric |
| Water Heater Location | Lower Kitchen |
| Fireplaces Main | 1 |
| Fireplaces Lower | 1 |
| Power Production Type | Electric |
| Baths Three Quarter Lower | 1 |
| Baths Three Quarter Main | 2 |
| Bathrooms | 2.25 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Vegetation | Brush,Garden Space,Wooded |
| Parking Features | Attached Carport,Driveway,Detached Garage,Off Street,RV Parking |
| Lot Features | Value In Land |
| Water Source | Individual Well |
| Total Parking | 10 |
| Inclusions | Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Block |
| Spa | Yes |
| Building Area Total | 2606 |
| Lot Dimensions | 134'x365'x118'x342' |
| Lot Size Acres | 0.901 |
| Waterfront Y/N | Yes |
| Covered Spaces | 4 |
| Irrigation Water Rights Y/N | No |
| Waterfront Footage | 134' |
| Site Features | Cabana/Gazebo,Cable TV,Deck,Dock,Gated Entry,High Speed Internet,Hot Tub/Spa,Moorage,Outbuildings,Patio,RV Parking,Shop |
| Parking Uncovered Total | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98546
Price
Taxes
Year Built
Visits
In The Neighborhood
Waterfront
Grapeview
$ 1,550,000
- Type
- Single Family | Active
- Size
- 2,430 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: COMPASS
Waterfront
Grapeview
$ 12,980,000
- Type
- Single Family | Active
- Size
- 1,107 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: COMPASS
Reduced
Grapeview
$ 375,000
- Type
- Single Family | Active
- Size
- 1,584 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Designed Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Pinnacle Partners are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 21, 2026 9:22 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
