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JRJeff ReynoldsCompass · Seattle
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Listed by Portia Gray, Windermere RE Magnolia

7
Bedrooms
5
Bathrooms
4,407
Square feet
$885
Per sq ft
Single Family Residence
Type
2024
Year built
5,350 sq ft
Lot
0
Days on market

About this property

Welcome to your private compound in the heart of Magnolia—where East Coast charm meets Northwest livability. Exceptional craftsmanship and timeless modern design define this stunning Magnolia residence. 4023 W Raye features 6 bedrooms, 4 beautifully appointed baths. Curated designer finishes, custom millwork, elevated lighting, and sophisticated color palettes create warm, refined interiors. The chef's kitchen is designed for entertaining with premium appliances, generous prep space, and seamless flow to multiple indoor and outdoor dining areas. Skylights fill the home with natural light, while a handsome moody office with custom built-in bookshelves provides the perfect work-from-home sanctuary. Two private patios and a fully fenced yard offer inviting spaces to relax, entertain, or play. 4021 is a permitted DADU above the 2 car garage (with Tesla charging station), that offers a lovely studio apartment. This home offers incredible flexibility for guests, multigenerational living, a private retreat, or a high performing Air BNB. Perched in coveted Carleton Park, the spectacular rooftop deck captures sweeping 360-degree views of the Seattle skyline, Elliott Bay, the Olympic Mountains, Mount Rainier, and beyond. This exceptional home pairs thoughtful design with luxury amenities in one of Magnolia's most sought-after neighborhoods, offering an elevated lifestyle that's as functional as it is unforgettable.

Location & commute

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Directions

Property details

Listing details

Listing number
#2559438
Listed
August 28, 2026
Days on market
0
Price per sq ft
$885

Unit & building

Building
Carleton Park
Unit levels
Two

Parking

Parking
Attached Garage
Covered spaces
2
Total spaces
2

Views

View
MountainsSound

Construction

Year built
2024
Style
18 - 2 Stories w/Bsmnt
Structure
House
Roof
Metal

Heating & cooling

Heating
DuctlessHeat Pump
Cooling
DuctlessHeat Pump
Energy source
ElectricNatural Gas

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowFireplaceSecurity SystemSMART WiredWalk-In Closet(s)Water HeaterWet BarWine/Beverage Refrigerator
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
LaminateCarpet

Appliances

Appliances
DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Corner LotPavedSidewalk
Lot size
5,350 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
SPU
Sewer
SPU
Power
City Light

Schools

District
Seattle
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Attached Garage
  • Mountains
  • Sound
  • House
  • Metal
  • Ductless
  • Heat Pump
  • Electric
  • Natural Gas
  • Bath Off Primary
  • Dbl Pane/Storm Window

Listing history

  1. Listed

    $3,900,000

    August 28, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$22,711

Principal & interest
$19,721
Property tax (est.)
$2,990

Assumes $780,000 down (20%), a $3,120,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 28, 2026 at 11:46 AM PDT. 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.