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    • Listed by: Windermere RE Skagit Valley • Geri Cole
    $825,000

    430 Rainbow Drive, Sedro Woolley, WA 98284

    2beds
    2,208sqft
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    Single Family Residence
    Built in 2004
    0.26 Acres Lot
    $801,200 Zestimate®
    $374/sqft
    $40/mo HOA

    What's special

    Lakefront retreatWood burning stoveFruit treesBeautiful lake viewsGourmet kitchenDedicated officeDrip irrigation system
    Fairytale Lakefront Living on Reed Lake! Welcome to this stunning lakefront retreat, perfectly situated on a large, beautifully landscaped lot with 85 feet of low-bank waterfront and a private dock on picturesque Reed Lake. The park-like grounds feature a drip irrigation system, fruit trees, raised garden beds, a greenhouse, hot tub, treehouse, and countless outdoor spaces to relax and enjoy nature. Inside, the gourmet kitchen showcases upgraded quartz countertops, a breakfast bar, track lighting, and beautiful lake views, making it the perfect place to cook and entertain. The upper level also includes a dedicated office, two full bathrooms, and an expansive 500-square-foot den, studio, or bonus room, offering exceptional flexibility for work, hobbies, or guests with a wood burning stove. Wake up to serene lake views from the spacious primary suite, complete with a private bath featuring a beautifully remodeled full bathroom. Don't let the bedroom count fool you—this home offers versatile living spaces and must be seen in person to truly appreciate all it has to offer. Residents of Glenhaven enjoy outstanding community amenities, including a clubhouse, tennis courts, and a seasonal swimming pool. Conveniently located just 5 minutes from I-5 and approximately 15 minutes to both Bellingham and Mount Vernon, this exceptional property offers the perfect blend of peaceful lakefront living and everyday convenience.
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    Zillow last checked:

    Listing updated:

    Offers reviewed: Jul 23
    Listed by:

    Geri Cole,

    Windermere RE Skagit Valley

    Source: NWMLS as distributed by MLS GRID,MLS#: 2554315MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bonus room
      • Level: Second
      Den office
      • Level: Second
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Second
      Heating
      • Fireplace, Forced Air, Electric, Propane, Wood
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Propane, Water Heater Location: Garage
      Features
      • Bath Off Primary, Ceiling Fan(s), Pantry
      • Flooring: Laminate, Vinyl Plank
      • Doors: French Doors
      • Basement: Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Upper Level: 1, Fireplace
      Interior area
      • Total structure area: 2,208
      • Total interior livable area: 2,208 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Attached Garage, Off Street, RV Parking
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Fireplace, French Doors, Hot Tub/Spa, Pantry, Walk-In Closet(s), Water Heater
      • Pool features: Community
      • Has spa: Yes
      • Spa features: Indoor
      • Has view: Yes
      • View description: Lake, Mountain(s), Territorial
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake, No Bank
      Lot
      • Size: 0.26 Acres
      • Dimensions: 108 x 149 x 44 x 20 x 122
      • Features: Paved, Cable TV, Deck, Dock, Fenced-Fully, Green House, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking
      • Topography: Level,Sloped,Terraces
      • Residential vegetation: Fruit Trees, Garden Space
      Details
      • Parcel number: 3704321094860000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Story
      • Property subtype: Single Family Residence
      Materials
      • Cement/Concrete
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 2004

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Septic Tank
      • Water: Community, Company: Glenhaven
      • Utilities for property: Astound, Astound

      Community & HOA

      Community
      • Features: Boat Launch, CCRs, Clubhouse, Park, Playground
      • Subdivision: Glenhaven
      HOA
      • Services included: Common Area Maintenance
      • HOA fee: $40 monthly
      • HOA phone: 360-595-2061
      Location
      • Region: Sedro Woolley

      Financial & listing details

      • Price per square foot: $374/sqft
      • Tax assessed value: $666,075
      • Annual tax amount: $5,331
      • Offers reviewed: 07/23/2026
      • Date on market: 7/14/2026
      • Cumulative days on market: 3 days
      • Listing terms: Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $801,200

        $761,000 - $841,000

        $2,940/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$825,000+135%$374/sqft
        Source: NWMLS as distributed by MLS GRID #2554315 Report a problem
        4/25/2017Sold$351,000+1.7%$159/sqft
        Source: NWMLS as distributed by MLS GRID #1081592 Report a problem
        4/19/2017Pending sale$345,000$156/sqft
        Source: Keller Williams - Downtown Seattle #1081592 Report a problem
        3/22/2017Listed for sale$345,000+6.2%$156/sqft
        Source: Keller Williams Seattle Metro #1081592 Report a problem
        8/23/2013Listing removed$325,000$147/sqft
        Source: Bellingham Select Inc #499247 Report a problem
        6/9/2013Listed for sale$325,000+8.3%$147/sqft
        Source: Bellingham Select Inc #499247 Report a problem
        9/1/2012Listing removed$300,000$136/sqft
        Source: RE/MAX WHATCOM COUNTY, INC. #326762 Report a problem
        3/3/2012Listed for sale$300,000+0.7%$136/sqft
        Source: RE/MAX WHATCOM COUNTY, INC. #326762 Report a problem
        11/12/2011Listing removed$298,000$135/sqft
        Source: Keller Williams / Western Realty #236051 Report a problem
        8/20/2011Pending sale$298,000$135/sqft
        Source: Keller Williams - Bellingham #236051 Report a problem
        6/18/2011Listed for sale$298,000+148.3%$135/sqft
        Source: Keller Williams - Bellingham #236051 Report a problem
        11/21/2003Sold$120,000$54/sqft
        Source: NWMLS as distributed by MLS GRID #23061755 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,851 +1.2%$666,075 -7%
        2023$4,795 -2.6%$716,227 +13.5%
        2022$4,923 +9.7%$631,031 +26%
        2021$4,487 +12.8%$500,822 +27%
        2020$3,979 $394,346 +2.8%
        2019$3,979 +1.5%$383,419 +1.6%
        2018$3,918 +10.3%$377,234 +14.4%
        2017$3,551 -11.2%$329,633 +16.5%
        2016$3,999 +185%$283,040 +5.9%
        2015$1,403 $267,260
        2014$1,403 -28.3%$267,260 -1%
        2013$1,956 $269,960 +5.8%
        2012-- $255,228 -7%
        2011-- $274,550 -3.1%
        2010-- $283,443 -7.2%
        2009$3,115 +28.3%$305,545
        2008$2,428 $305,545 +34.5%
        2007$2,428 -24.5%$227,130
        2005$3,214 $227,130
        2004$3,214 +996.6%$227,130 +1035.7%
        2003$293 -0.2%$20,000
        2002$294 +0.2%$20,000
        2001$293 $20,000
        2000-- $20,000 +166.7%
        1999-- $7,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 98284

        Getting around

        7 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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