$749,950
Est. $3,804/mo1 bd•2,160 sq ft
12203 Rainbow Drive, Arlington, WA 98223
• Listed 2026-04-09•29 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 1, 2026 at 10:51 AM PDT (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,553 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

$899,900
12832 Burn Rd., Arlington, WA 98223
Corrie Hayes · John L. Scott Snohomish

$634,950
15421 Jim Creek Rd, Arlington, WA 98223
Nick Flatt · New Horizon Realty LLC

$599,000
18621 Smokey Point Boulevard, Arlington, WA 98223
Debbie Benjamin · RE/MAX Gateway

$625,000
30508 223rd Avenue Ne, Arlington, WA 98223
James Sharpe · SharpeWolf Realty

$635,000
30722 223rd Avenue Ne, Arlington, WA 98223
Ryan Nobach · Windermere RE Arlington

$599,000
2725 Freestad Road, Arlington, WA 98223
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: 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 30 days.
$65,000 Sold
5 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
$413,000 Sold
6 months ago
3 bd•2 ba•~1,194 sq ft•Single Family
11922 167th Drive Ne, Arlington, WA 98223
0%
Over list
—
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.