For sale Home

Listed May 4, 2026

$3,195,000 Est. $21,132/mo

10616 Rainier Avenue South

  • 7

    Beds

  • 7

    Baths

  • 6,190

    Sq ft

The story

  • Waterfront
  • Basement

Price Improvement On Turnkey Waterfront Income Property! Bella Vita is a rare Lake Washington waterfront residence with a documented track record as a high-performing vacation rental: 270+ reviews and continuous bookings since 2008. The VRBO listing, reviews, and furnishings convey, so a new owner earns from day one. 6,190 finished sq ft configured as three separate living spaces with independent gas and electric meters. The 3,888 sq ft main residence offers five bedrooms with ensuite baths plus office, 10-ft ceilings, Brazilian cherry and travertine floors, and Loewen wood-clad doors framing the lake. Chef’s kitchen with new 48" range, Sub-Zero, wine fridge, walk-in pantry, and grand island opening to the covered patio. Primary suite with balcony, gas fireplace, spa bath, and walk-in closet. A ground-level ADU adds 2 beds, 1 bath, full kitchen and laundry, and newly finished accessory quarters add 1 bed, 1 bath, steam shower, and kitchen. 60 feet of no-bank waterfront with private dock and covered moorage. Sunrise paddle, then dinner on the patio. Upgrades: new A/C, mini-splits, tankless water heater, heated floors, fire sprinklers, Vantage lighting and sound, copper porch roof. 3-car garage plus parking for six.

Facts & features

Home type

Home

Year built

2003

Price per sq ft

$516

Included features

  • Fireplace

    5 fireplaces

  • Basement

    Yes

  • Cooling

    Central Air, Ductless, Forced Air

  • Heating

    90%+ High Efficiency, Ductless, Forced Air, Heat Pump, Radiant, Recirculation Pump

  • Appliances

    Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer

  • Flooring

    Hardwood, Travertine, Vinyl Plank, Carpet

  • Roof

    Composition, Metal

  • Lot Information

    Alley, Dead End Street, Paved, Sidewalk

  • Exterior

    Stucco, Dock, Dog Run, Boat Slip

  • Water Source

    Public

  • Sewer

    Sewer Connected

  • View

    City, Mountain

Mortgage calculator

Estimated monthly payment

$21,132 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $17,005
  • Property tax $3,195
  • Insurance $932

Includes principal, interest, taxes & insurance.

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Listing Broker

John L. Scott, Inc.

Broker Name

John L. Scott, Inc.

Agent

Hunter Gaston