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10616 Rainier Ave S, Seattle, WA, 98178

8beds
8baths
7,000sqft
$3,490,000
$499price/sqft
$21,972/moest. monthly cost
$878,880/yrincome needed

About This Home

Wake to unparalleled Lake Washington views in this custom-built waterfront home. Step onto your private dock and covered moorage for a sunrise paddle and boat back for dinner on the patio. This 60-ft no bank lakefront home blends timeless elegance, modern luxury, and three living spaces perfect for multigenerational living or VRBO income. Stunning entry with 10-ft ceilings, rich Brazilian cherry and travertine floors, and Loewen wood-clad doors that fill the home with light sets the stage for breathtaking lake views. Gorgeous kitchen with new 48" range, Sub-Zero fridge, wine fridge, walk-in pantry, and grand island opens via three french doors to covered patio. Five bedrooms with ensuite baths plus office. Primary suite leads to the balcony with sweeping views, gas fireplace, spa bath, and a walk-in closet. Upgrades: new A/C, tankless water heater, washers/dryers, mini-splits, heated floors, fire sprinklers, Vantage lighting & sound, copper porch roof. Ground-level ADU offers 2 beds, 1 bath, laundry room, and a big kitchen with an open living room. Newly finished accessory living quarters offers 1 bedroom, 1 bathroom, a large steam shower, and an open kitchen and living space. Separate gas & electric meters. Private driveway with 3-car garage and parking for 6. Rare Lake Washington waterfront living blending refinement, income potential, and effortless lake lifestyle. Turnkey and effortlessly manageable, this legacy home is ready for its next chapter.

Getting Around

21
WalkingCar-Dependent
34
TransitSome Transit
25
BikeSomewhat Bikeable

Schools

3/10
4/10
Dimmitt Middle SchoolGrades 6-81.2 mi
3/10
Renton Senior High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Composition,Metal,See Remarks
  • Construction materials: Stucco

Notable Dates

  • Major remodel year: 2003

Type & Style

  • Home type: SingleFamily
  • Architectural style: Multi Level
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,See Remarks,Stove(s)/Range(s),Tankless Water Heater,Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Combination Gas; Tankless,Water Heater Location: Utility Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Lower

Bathroom Full

  • Level: Lower

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Bonus Room

  • Level: Second

Den Office

  • Level: Second

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Central Vacuum,Ceiling Fan(s),Dining Room,High Tech Cabling,Pantry
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window
  • Flooring: Hardwood,See Remarks,Travertine,Vinyl Plank,Carpet
  • Number of fireplaces: 5
  • Fireplace features: Electric,Gas,Lower Level: 2,Main Level: 1,Upper Level: 2,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,90%+ High Efficiency,Ductless,Forced Air,Heat Pump,Radiant,Recirculation Pump,Electric,Natural Gas,See Remarks
  • Cooling features: Ductless,Forced Air

Interior Area

  • Total structure area: 7,000
  • Total interior livable area: 7,000 sqft

Kitchen With Eating Space

  • Level: Main

Kitchen With Eating Space

  • Level: Lower

Kitchen Without Eating Space

  • Level: Second

Living Room

  • Level: Main

Living Room

  • Level: Lower

Master Bedroom

  • Level: Second

Other

  • Level: Lower

Other

  • Level: Main

Other

  • Level: Lower

Rec Room

  • Level: Second

Utility Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 222040009003
  • Zoning: R-6
  • Zoning description: Jurisdiction: County
  • Special condition: Standard
  • Other equipment: Leased Equipment: None

Features

  • Levels: Multi/Split
  • Entry location: Main
  • Patio & porch: Second Kitchen,Second Primary Bedroom,Bath Off Primary,Built-In Vacuum,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Fireplace (Primary Bedroom),French Doors,High Tech Cabling,Jetted Tub,Pantry,Security System,Sprinkler System,Walk-In Closet(s),Water Heater,Wine/Beverage Refrigerator
  • Spa features: Bath
  • Has view: Yes
  • View description: City,Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake
  • Frontage length: Waterfront Ft: 60
  • Topography of land: Level,Partial Slope
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.28 Acres
  • Features: Dead End Street,Paved,Sidewalk,Boat House,Cabana/Gazebo,Cable TV,Deck,Dock,Dog Run,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Moorage,Patio

Parking

  • Total spaces: 6
  • Parking features: Driveway,Attached Garage
  • Has garage: Yes
  • Covered spaces: 3
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Winter Weather

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,647$211,764
Home Insurance *$707$8,484
Property Taxes $3,140$37,680
Electricity $478$5,745
Total$21,972$263,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$753,325/yr
40% on housing$659,160/yr
45% on housing$585,920/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$499This listing

vs Other Active Listings

Avg $/sqft

ZIP 98178$306
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98178$367
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$3,490,000
2015-12-22Listing removed$2,500,000
2015-04-28Listed for sale$2,500,000
2012-01-09Listing removed$1,749,000
2011-09-09Listed for sale$1,749,000
2002-08-23Sold$650,000
2000-07-17Sold$456,500

For Sale by Agent

AgentHunter Gaston
BrokerageJohn L. Scott, Inc.

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