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    • Listed by: Windermere RE Skagit Valley • Geri Cole • 360-391-1614
    Bought with: RE/MAX Whatcom County, Inc.
    $649,999

    524 Rainbow Drive, Sedro Woolley, WA 98284

    3beds
    2,012sqft
    Single Family Residence
    Built in 1999
    9,583 Square Feet Lot
    $648,600 Zestimate®
    $323/sqft
    $2,945 Estimated rent

    Home value

    $648,600

    $610,000 - $688,000

    $2,945/mo

    Zestimate® history
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    What's special

    Remodeled kitchenWaterfront livingOpen-concept great roomRaised garden bedsTwo comfortable bedroomsNew roofLakefront yard with firepit
    Waterfront Living in the Desirable Glenhaven Community! Enjoy peace and privacy, lakefront living in this beautifully updated one-story home with a fully finished and remodeled walkout basement. The lower level features a brand-new second kitchen, creating an excellent opportunity for multigenerational living, guest accommodations, or potential rental income. Lakefront yard with firepit, raised garden beds, partially fenced with a view of Treasure Island. The main level offers an open-concept great room, a remodeled kitchen, two comfortable bedrooms, and a full bathroom. Step outside onto the spacious deck and take in the tranquil views of Reed Lake, a stocked trout lake surrounded by abundant wildlife and natural beauty. Recent updates include new roof, siding, flooring, and most windows, all thoughtfully selected to maximize the home's comfort, functionality, and appeal. Located within walking distance of the Glenhaven community clubhouse, swimming pool, tennis courts, and Cain Lake, this property offers the perfect combination of recreation, relaxation, and waterfront charm. Don't miss this unique opportunity to own a move-in-ready waterfront home in a highly desirable community!

    Zillow last checked:

    Listing updated:

    Listed by:

    Geri Cole 360-391-1614 gericole@windermere.com,

    Windermere RE Skagit Valley

    Bought with:

    Ronda Karn, 125258

    RE/MAX Whatcom County, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2561444MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Lower
    Bathroom full
    • Level: Main
    Bonus room
    • Level: Lower
    Den office
    • Level: Lower
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Lower
    Heating
    • Forced Air, Electric, Propane
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Propane, Water Heater Location: Garage
    Features
    • Bath Off Primary, Pantry
    • Flooring: Ceramic Tile, Hardwood, Laminate
    • Windows: Skylight(s)
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,012
    • Total interior livable area: 2,012 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, Off Street, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Second Kitchen, Bath Off Primary, Pantry, Skylight(s), Walk-In Closet(s), Water Heater
    • Pool features: Community
    • Has view: Yes
    • View description: Lake, Territorial
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, No Bank
    • Frontage length: Waterfront Ft: 82
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 135 x 82 x 190 x 60
    • Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Outdoor Fireplace, RV Parking
    • Topography: Level,Partial Slope
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 370429123059
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1999

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • 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: $483 annually
    • HOA phone: 360-595-2061
    Location
    • Region: Sedro Woolley

    Financial & listing details

    • Price per square foot: $323/sqft
    • Tax assessed value: $588,837
    • Annual tax amount: $2,292
    • Date on market: 8/5/2026
    • Listing terms: Conventional,FHA,USDA Loan,VA Loan
    • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Washer(s)

    Price history

    DateEventPrice
    9/8/2026Sold$649,999$323/sqft
    Source: NWMLS as distributed by MLS GRID #2561444 Report a problem
    8/10/2026Pending sale$649,999$323/sqft
    Source: NWMLS as distributed by MLS GRID #2561444 Report a problem
    8/5/2026Listed for sale$649,999+5.9%$323/sqft
    Source: NWMLS as distributed by MLS GRID #2561444 Report a problem
    6/20/2023Sold$614,000+86.1%$305/sqft
    Source: NWMLS as distributed by MLS GRID #2131049 Report a problem
    6/26/2018Sold$329,900+18.2%$164/sqft
    Source: NWMLS as distributed by MLS GRID #1285449 Report a problem
    9/1/2015Sold$279,000-6.7%$139/sqft
    Source: NWMLS as distributed by MLS GRID #823489 Report a problem
    7/30/2015Pending sale$299,000$149/sqft
    Source: Windermere Real Estate/Northwest, Inc. #823489 Report a problem
    7/24/2015Listed for sale$299,000+13.6%$149/sqft
    Source: Windermere Real Estate/Northwest, Inc. #823489 Report a problem
    11/18/2008Sold$263,180$131/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,585 +24%$588,837 +16.2%
    2024$3,697 +1.2%$506,859 -7%
    2023$3,655 -2.6%$545,023 +13.5%
    2022$3,752 +9.6%$480,192 +26%
    2021$3,424 +12.8%$381,107 +27%
    2020$3,036 $300,083 +2.8%
    2019$3,036 +1.5%$291,768 +10.1%
    2018$2,990 +19.3%$265,077 +14.4%
    2017$2,506 -11.2%$231,634 +16.5%
    2016$2,821 +29.9%$198,814 +5.8%
    2015$2,172 $187,867
    2014$2,172 -3.2%$187,867 -1%
    2013$2,244 $189,765 -3.8%
    2012-- $197,302 -6.5%
    2011-- $211,001 -2.4%
    2010-- $216,240 -6.3%
    2009$2,357 +26.2%$230,780
    2008$1,868 $230,780 +32.4%
    2007$1,868 -24.3%$174,345
    2005$2,467 $174,345
    2004$2,467 +11.1%$174,345 +15.1%
    2003$2,220 -0.2%$151,495
    2002$2,224 +0.1%$151,495
    2001$2,220 $151,495
    2000-- $151,495 +19.1%
    1999-- $127,185
    Find assessor info on the county website

    Neighborhood: 98284

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