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Listed by Portia Gray • Windermere RE Magnolia.Some photos are virtually staged
FOR SALE

$3,650,000

Est. $20,217/mo

7 bd•4.5 ba•4,407 sq ft

4021 & 4023 W Raye Street, Seattle, WA 98199

• Listed Oct 1, 2026•40 days active · 40 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere RE Magnolia; Portia Gray; 206-818-7195; portia@windermere.com

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Listing Broker: Windermere RE Magnolia; Portia Gray; 206-818-7195; portia@windermere.com

About this home

Welcome to your private compound in the heart of Magnolia—where East Coast charm meets Northwest livability. Exceptional craftsmanship and timeless modern design define this stunning Magnolia residence. 4023 W Raye features 6 bedrooms, 4 beautifully appointed baths. Curated designer finishes, custom millwork, elevated lighting, and sophisticated color palettes create warm, refined interiors. The chef's kitchen is designed for entertaining with premium appliances, generous prep space, and seamless flow to multiple indoor and outdoor dining areas. Skylights fill the home with natural light, while a handsome moody office with custom built-in bookshelves provides the perfect work-from-home sanctuary. Two private patios and a fully fenced yard offer inviting spaces to relax, entertain, or play. The DADU (4021 W Raye) offers a lovely studio apartment with incredible flexibility for guests, multigenerational living, a private retreat, or a high performing rental. Perched on the tippy top of Carleton Park where the streets, and homes, are lit by charming lamp posts (not crisscrossing wires), a luxury no longer available in the city. The spectacular rooftop deck captures sweeping 360-degree views of the Seattle skyline, Elliott Bay, the Olympic Mountains, Mount Rainier, and beyond. This exceptional home pairs thoughtful design with luxury amenities in one of Magnolia's most sought-after neighborhoods, offering an elevated lifestyle that's as functional as it is unforgettable.

Property type
Single Family
Year built
2024
Interior
4,407 sq ft
Lot size
0.1228 acres
Parking
2-car garage
Price / sq ft
$828
HeatingDuctless, Heat Pump
CoolingDuctless, Heat Pump
Property taxes$35,120/yr (est.)
School districtSeattle

Listed by Portia Gray • Windermere RE Magnolia

Listing updated: October 7, 2026 at 07:57pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2589895

Around this home

RexMont OfferEdge™

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4021 & 4023 W Raye Street, Seattle, WA 98199

List price
$3,650,000
Down payment
$730,000

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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

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Fireplace
  • Security System
  • SMART Wired
  • Walk-In Closet(s)
  • Water Heater
  • Wet Bar
  • Wine/Beverage Refrigerator
  • Fireplace (gas)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 7 bedrooms total
  • 5 upstairs
  • 2 on the lower level

Bathrooms

  • 4 full bathrooms
  • 1 half bathroom
  • 4.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 4,407 sq ft finished
  • 500 sq ft garage

Accessory dwelling unit

  • 1 accessory dwelling unit (detached dwelling)
  • 440 sq ft

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Ductless heating
  • Heat Pump heating
  • Ductless cooling
  • Heat Pump cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot dimensions
5350
Topography
Level
Vegetation
Garden Space
Lot number
16
Zoning jurisdiction
County
Faces
Northwest
Bus route
24/31

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Electric
Water heater location
Basement
Power company
City Light
Water company
SPU
Sewer company
SPU
Gas company
Puget Sound Energy
Garbage service
SPU
Irrigation water rights
No
Internet connected
Xfinity

Rooms & extras

Bathtubs
4
Showers
4
Fireplaces on main
1

New construction

Square footage source
Matrix
Lot size source
Realist
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Seattle School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · 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.

Mortgage payment forecast

$24,057 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Windermere RE Magnolia; Portia Gray; 206-818-7195; portia@windermere.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 46 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $995,000 Sold

    3 days ago

    2 bd•1.75 ba•~1,015 sq ft•Single Family

    2629 34th Avenue W, Seattle, WA 98199

    0%

    Over list

    8

    Days on market

    0.4 mi

    Distance

  • $1,325,000 Sold

    6 days ago

    4 bd•2.25 ba•~2,390 sq ft•Single Family

    2537 Montavista Place W, Seattle, WA 98199

    0%

    Over list

    —

    Days on market

    0.2 mi

    Distance

  • $3,200,000 Sold

    1 week ago

    6 bd•3.75 ba•~6,480 sq ft•Single Family

    2409 29th Avenue W, Seattle, WA 98199

    0%

    Over list

    2

    Days on market

    0.7 mi

    Distance

  • $1,340,000 Sold

    1 week ago

    3 bd•2 ba•~3,360 sq ft•Single Family

    2926 W Blaine Street, Seattle, WA 98199

    1%

    Under list

    134

    Days on market

    0.8 mi

    Distance

  • $2,300,000 Sold

    1 week ago

    3 bd•3 ba•~3,043 sq ft•Single Family

    2449 43rd Avenue W, Seattle, WA 98199

    0%

    Over list

    33

    Days on market

    0.2 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 7, 2026 at 07:57pm (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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