$2,675,000
Est. $14,497/moPrice reduced $125,000 from the original $2,800,000 asking price
4 bd•4.5 ba•9,854 sq ft
12540 123rd Avenue SE, Rainier, WA 98576
• Listed Jun 16, 2026•146 days active · 146 cumulative
Listing Broker: eXp Realty; Aubrey Davenport; 503-508-4482; aubreycdavenport@gmail.com
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Listing Broker: eXp Realty; Aubrey Davenport; 503-508-4482; aubreycdavenport@gmail.com
About this home
One of Rainier’s most exceptional estate properties, offering over 30 private acres of pristine countryside and an impressive 8,000+ square foot custom residence. Thoughtfully designed for luxury living and grand-scale entertaining, this extraordinary property includes a separate residence, 2,000+ square foot shop/garage space, private pond stocked with 275 trout, established dog kennels, a motorcycle track and endless opportunities for multi-generational living, recreation, or business use. Surrounded by natural beauty and unmatched privacy, this is Pacific Northwest estate living at its finest.
Listed by Aubrey Davenport • eXp Realty
Listing updated: September 18, 2026 at 10:29am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2539509
Around this home
How much should you offer?
12540 123rd Avenue SE, Rainier, WA 98576
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 4 bedrooms total
- 2 on the main level
- 2 upstairs
Bathrooms
- 4 full bathrooms
- 1 half bathroom
- 4.5 bathrooms total (NWMLS count)
- 3 on the main level
Layout
- 2 Stories w/Bsmnt
- 9,854 sq ft finished
- 2,149 sq ft garage
Accessory dwelling unit
- 1 accessory dwelling unit (detached dwelling)
- 3 bd · 2 ba · 1,792 sq ft
Heating & cooling
- Heat Pump heating
- Heat Pump cooling
- None cooling
Schools
Ratings via SchoolDiggerRainier School District
- Rainier Primary SchPublic · Grades Elementary—
- Rainier Middle SchoolPublic · Grades 6-8 · State rank 286 of 5144/10
- Rainier Snr HighPublic · Grades High—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- Puget Sound Energy
- Water company
- Private Well
- Sewer company
- Septic
- Irrigation water rights
- No
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 12540 123rd Avenue SE
NWMLS via MLS Grid · Thurston County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 18, 2026Price reducedNWMLS via MLS Grid · #2539509$2,675,000$271/sq ft
- Jun 16, 2026ListedNWMLS via MLS Grid · #2539509$2,800,000$284/sq ft
Mortgage payment forecast
$17,499 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: eXp Realty; Aubrey Davenport; 503-508-4482; aubreycdavenport@gmail.com
Market pulse
Rainier is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 66 days.
Recent sales nearby
Within 1 mile · last 6 months$615,000 Sold
2 weeks ago
3 bd•2 ba•~1,704 sq ft•Single Family
11916 Fillman Road SE, Rainier, WA 98576
7%
Under list
128
Days on market
0.3 mi
Distance
$365,000 Sold
3 months ago
2 bd•0.75 ba•~700 sq ft•Single Family
12936 Hubbard Street SE, Rainier, WA 98576
4%
Over list
21
Days on market
0.9 mi
Distance
$189,900 Sold
5 months ago
•Single Family
955 Tipsoo Loop N, Rainier, WA 98576
0%
Under list
236
Days on market
0.7 mi
Distance
$680,000 Sold
6 months ago
4 bd•4 ba•~2,660 sq ft•Single Family
101 Murphy Lane S, Rainier, WA 98576
1%
Under list
55
Days on market
0.8 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 7:24 PM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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