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$775,000

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 3 Full Baths
  • 2,160 Sq. Ft.

Listed by Tracy Bannister | Windermere Real Estate/M2, LLC | (425) 776-9580

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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.

Full Property Details for 12203 Rainbow Dr

General

  • Price: $775,000
  • HOA FEE: $56/month
  • HOA FEE FREQ.: Annually
  • Taxes: $5,180 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2438590
  • Updated: 11/24/2025
  • Added to Site: 112 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Dining Room, Fireplace, Fireplace (Primary Bedroom), High Tech Cabling, Walk-In Closet(s), Walk-In Pantry, Water Heater, Wet Bar
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): See Remarks
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Flooring: Hardwood, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper - Full Baths: 1
  • Main Floor Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Upper: 1

Additional Information

  • Amenities: Deck, Fenced-Partially, Gated Entry, High Speed Internet, Outbuildings, Patio, Propane, RV Parking
  • Security/Safety: Partially Fenced, Security Gate

Parking

  • Parking Features: Driveway, RV Parking

Location

  • Area: 760 - Northeast Snohomish?
  • County: Snohomish
  • Subdivision: Rainbow Springs
  • Driving Directions: I5 N to Exit 208 (SR-530 E/Arlington). R on 211th Pl NE, L on 67th Ave NE (becomes Jordan Rd). Continue to Rainbow Springs gate, follow Rainbow Dr to home on left.

School Information

  • High School District: Granite Falls
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Community

  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Forced Air, Wall Unit(s)
  • Water Heater: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Cement/Concrete
  • Basement Desc.: Daylight
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 2,160
  • Finished Total: 2,160 Sq. Ft.
  • Year Built: 2018

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,197
  • Lot Size Source: Realist

Water Features

  • Water Front: Yes

Financial Considerations

  • Association Fee: $675
  • Assoc Fee Freq.: Annually
  • Tax Amount: $5,180.12
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Leased Equipment, Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Property ID: 551500004600

Listed by Tracy Bannister | Windermere Real Estate/M2, LLC | (425) 776-9580

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Schools serving 12203 Rainbow Dr

School District:Granite Falls School District
NameGradesDistance
Granite Falls High School
1401 100th Street Northeast, Granite Falls, WA 98252
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12203 Rainbow Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/07/2025
Price Reduced
$775,000
-5.49%
MLS
9/26/2025
Listed
$820,000
2633.33%
MLS
5/10/2016
Sold
$30,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12203 Rainbow Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,107
106%
$547,200
-8%
2023
$4,908
12%
$595,700
37%
2022
$4,398
3%
$433,400
—
2021
$4,266
—
$433,400
27%
2021
$4,266
4%
$340,200
—
2020
$4,087
41%
$340,200
34%
2019
$2,907
721%
$254,300
886%
2018
$354
-44%
$25,800
-47%
2017
$636
48%
$49,000
58%
2016
$430
-17%
$31,100
-11%
2015
$518
-6%
$35,000
—
2014
$552
—
$35,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tracy Bannister | Windermere Real Estate/M2, LLC | (425) 776-9580

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12203 Rainbow Drive, Arlington, WA 98223 (MLS# 2438590) is a Single Family property with 1 bedroom and 3 full bathrooms. 12203 Rainbow Drive is currently listed for $775,000 and was received on September 26, 2025. Want to learn more about 12203 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

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