9846 Rainier Avenue S, Seattle, WA 98118, Seattle, 98118 - 4 bed, 3 bath
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9846 Rainier Avenue S
Seattle, WA 98118
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,720Sq Ft
4,748Lot Size
Property Price
LIST PRICE$1,875,000
EST. MARKET VALUE
$1,555,483
20% AboveMARKET VALUE
SUMMARY
This Lake Washington Waterfront Residence is a High-Potential Investment Opportunity, listed at $1,875,000—positioned well above the $1,555,483 Fair Market Value by -20%. While priced as a premium asset, the property features Elite Waterfront Infrastructure, including a 60-foot deep-water dock and 30-foot boat lift. With a Condition Rating of 3, the home offers a modernized kitchen and expansive views. This is an ideal acquisition for Luxury Waterfront Enthusiasts or High-Net-Worth Owner-Occupants seeking a premier, move-in ready lifestyle property.
Estimated Market Value
$1,555,483
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. While built in 1981, it features a beautifully remodeled kitchen with modern custom cabinetry and quartz countertops, and the extensive outdoor decks and living spaces are in good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Elite Waterfront Infrastructure
The property features 50 feet of rare Lake Washington frontage equipped with a 60-foot deep-water dock, a 30-foot boat lift, and a professional floating dock, making it a premier destination for boating enthusiasts.
- Modernized Interior & Versatile Layout
Includes a high-end remodeled kitchen with quartz countertops and custom cabinetry, complemented by a flexible floor plan that offers a separate lake-level living space with a private entry.
- Exceptional Natural Light & Views
Expansive skylights and large glass windows throughout the home maximize breathtaking, uninterrupted views of the lake and mountains while creating a vibrant, sun-drenched living environment.
CONSRISKS & DEFICIENCIES
- Low-Rated Local Schools
The assigned public schools, Emerson Elementary and Rainier Beach High School, both carry a rating of 2, which may be a significant concern for families prioritizing public education quality.
- Compact Lot Size
At just 4,748 square feet, the lot is relatively small for the price point, offering limited traditional yard space and privacy between neighboring waterfront properties.
About 9846 Rainier Avenue S
Unique and rare 50' foot Lake Washington waterfront property in Seattle. This thoughtfully designed home offers an array of spacious living areas and boasts breathtaking, uninterrupted views of Lake Washington. Features include expansive skylights and glass windows that cultivate a vibrant and welcoming ambiance. Multiple decks offer venues for outdoor dining, lively gatherings, relaxation, and year round lake, mountain, tree lined views. Remodeled kitchen includes custom cabinetry, quartz countertops, extensive pull-out storage, appliance garage, wine refrigerator, and more. At lake level you have additional living space and/or a separate living space with private entry. You will also enjoy a 60' deep-water dock perfect for deep water moorage, 30' boat lift, and uniquely large deck for entertaining or enjoying the existing 8 person hot tub. Waterfront activities are a dream come true with the swim ladder, paddleboard rack, and professional CanDock floating dock which allows you to easily access and launch a paddleboard. And, don't forget your best friend, a doggie swim dock is ready to go.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 4,748 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Emerson Elementary School
Grades PK-5 • 0.4 mi
2/10
Rainier View
Grades PK-5 • 1.2 mi
5/10
Dunlap Elementary School
Grades PK-5 • 1.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,720 | 1,801.924 |
| Lot Size | 4,748 | 4,494.536 |
| Price | $1.88M | $974.4K |
| Price per sq ft | $689 | $569 |
| Built year | 1981 | 1948 |
| HOA | $0 | $78 |
| Days on market | 30 | 35 |
Pricing History
Listed for Sale
Sep 24, 2026
$1,875,000
Initial Listing