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  • Listed by: eXp Realty • Aubrey Davenport
    $2,800,000

    12540 123rd Avenue SE, Rainier, WA 98576

    7beds
    11,646sqft
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    Single Family Residence
    Built in 1998
    33.9 Acres Lot
    $2,676,600 Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Established dog kennelsGrand-scale entertainingSeparate residenceMotorcycle track
    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.
    36 days
    |
    738
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Aubrey Davenport,

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2539509MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Second
      Other
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Heat Pump, Electric
      Cooling
      • Heat Pump, None
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s)
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 9,854
      • Total interior livable area: 11,646 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      Lot
      • Size: 33.9 Acres
      Details
      • Additional structures: ADU Beds: 3, ADU Baths: 2
      • Parcel number: 21733440100
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Stories w/Bsmnt
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1998

      Utilities & green energy

      • Electric: Company: Puget Sound Energy
      • Sewer: Septic Tank, Company: Septic
      • Water: Individual Well, Company: Private Well

      Community & HOA

      Community
      • Subdivision: Rainier
      Location
      • Region: Rainier

      Financial & listing details

      • Price per square foot: $240/sqft
      • Tax assessed value: $152,000
      • Annual tax amount: $27,992
      • Date on market: 6/15/2026
      • Cumulative days on market: 38 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $2,676,600

        $2.54M - $2.81M

        $2,708/mo

        Price history

        DateEventPrice
        6/17/2026Listed for sale$2,800,000$240/sqft
        Source: NWMLS as distributed by MLS GRID #2539509 Report a problem
        6/12/2017Listing removed$1,800
        Source: Windermere Property Management of the South Sound, LLC Report a problem
        5/31/2017Listed for rent$1,800
        Source: Windermere Property Management of the South Sound, LLC Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,546 +10%$152,000 -0.8%
        2023$1,405 -21.9%$153,200 -25%
        2022$1,800 +43.1%$204,400 +65%
        2021$1,258 +6.4%$123,900 +6.8%
        2020$1,182 +66.1%$116,000 +12.3%
        2019$712 -8.7%$103,300 +45.3%
        2018$779 +27.1%$71,100 +23.9%
        2017$613 $57,400 +21.4%
        2016$613 $47,300 +1.1%
        2014$613 $46,800 -7%
        2013-- $50,300
        2012$546 --
        2011-- --
        2010-- --
        2009$629 --
        2008-- --
        2007$640 -34.9%--
        2006$982 --
        2004-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98576

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rainier Primary Sch
        • Middle: Rainier Mid
        • High: Rainier Snr High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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