$749,950
Est. $3,784/mo1 bd•3 ba•2,160 sq ft
12203 Rainbow Drive, Arlington, WA 98223
• Listed 2026-04-09•36 days on market
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Based on information submitted to the MLS GRID as of May 2, 2026 at 03:42pm (date and time MLS GRID Data was obtained). 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.
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Modern custom home in gated Rainbow Springs, where sweeping lake views and refined finishes define every level. The main floor features Brazilian oak floors & a chef’s kitchen with solid-surface counters, accent tile, breakfast bar, & stainless appliances, seamlessly flowing into an inviting living area with fireplace & picture windows. The upper level is a spacious primary retreat with sitting area, spa bath, walk-in closet, & fireplace. The daylight level with separate entry access, kitchenette, bath, laundry, & flexible studio/second bedroom offers guest space or potential income. Outdoor living shines with tiered patios, composite deck, artificial turf, firepit, hot-tub-ready pad, storage shed, new pontoons, & an efficient heat pump.
Listed by Tracy Bannister • Windermere Real Estate/M2, LLC
Listing updated: May 2, 2026 at 03:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2503374
Open houses
No upcoming open houses scheduled for this property.
$814,000
+$64,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $560K and $1.35M.
Rental earnings
$2,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$575,000Last sold price
18010 116th Place Ne, Arlington, WA 98223

$815,000Last sold price
14829 Burn Road, Arlington, WA 98223
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
12203 Rainbow Drive, Arlington, WA 98223
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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JJ Summa · JJ Summa & Associates Inc
Arlington is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$65,000 Sold
6 weeks ago
•Single Family
11903 166th Drive Ne, Arlington, WA 98223
24%
Under list
—
Days on market
0.2 mi
Distance
$470,000 Sold
5 months ago
3 bd•2 ba•~1,628 sq ft•Single Family
18027 121st Street Ne, Arlington, WA 98223
9%
Under list
—
Days on market
0.8 mi
Distance
$225,000 Sold
6 months ago
•Single Family
16 Xxx Burn Road, Arlington, WA 98223
43%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Granite Falls School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.