Why Live in Rainier Crest
Rainier Crest in Newcastle is a neighborhood situated less than 8 miles from Bellevue, offering a tranquil setting with convenient access to major employers like Google, Amazon, Chewy, and Expedia. The neighborhood saw significant growth in the 1990s, leading to the development of several subdivisions. China Creek, the most prominent subdivision, features well-manicured lawns and a mix of contemporary, traditional, and tri-level homes over 2,500 square feet. Meadowview Park offers similar housing styles, while Tamarind provides more affordable townhouses ranging from 1,200 to 1,300 square feet. Residents enjoy various amenities, including a park, golf course, and multiple trails such as CrossTown, Terrace, and Ballybunion Trails. Lake Boren, just a mile away, is ideal for fishing, and the Coal Creek YMCA offers indoor recreational activities less than 2 miles away. The neighborhood falls within the Issaquah School District, with highly rated schools like Newcastle Elementary, Maywood Middle, and Liberty Senior High, which boasts a 97% graduation rate and numerous extracurricular activities. Shopping and dining options are plentiful, with Coal Creek Village and Marketplace a mile away and the Marketplace at Factoria less than 4 miles north. Dining options within 2 miles include Tapatio, Coalman Café, and Frosty Barrel. Interstate 90 and Interstate 405 provide easy commutes to downtown Seattle and Seattle-Tacoma International Airport, respectively. Emergency services are accessible, with Overlake Medical Center less than 8 miles away and Banfield Pet Hospital within 2 miles. Rainier Crest combines convenience with a peaceful residential atmosphere.
Frequently Asked Questions
Is Rainier Crest a good place to live?
Rainier Crest is a good place to live. Rainier Crest is considered very car-dependent and somewhat bikeable. Rainier Crest is a suburban neighborhood. Rainier Crest has 6 parks for recreational activities. It is somewhat dense in population with 6.1 people per acre and a median age of 44. The average household income is $238,663 which is above the national average. College graduates make up 79.8% of residents. A majority of residents in Rainier Crest are home owners, with 9% of residents renting and 91% of residents owning their home. A
local real estate agent serving Rainier Crest can help you decide if this neighborhood is the right one for you. Learn more on our
Rainier Crest neighborhood guide.
How much do you need to make to afford a house in Rainier Crest?
The median home price in Rainier Crest is $1,800,000. If you put a 20% down payment of $360,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $8,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $384K a year to afford the median home price in Rainier Crest. The average household income in Rainier Crest is $239K.
What are the best public schools in Rainier Crest?
The best public schools that serve Rainier Crest are:
What are the best private schools in Rainier Crest?
The best private schools that serve Rainier Crest are:
What are the most popular zip codes in Rainier Crest, Newcastle, WA?
What are the most popular neighborhoods near Rainier Crest, Newcastle, WA?
Are home prices dropping in Rainier Crest?
Yes, home prices in Rainier Crest are down 5% in the last 12 months.
Home Trends in Rainier Crest, WA
On average, homes in Rainier Crest, Newcastle sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Rainier Crest, Newcastle over the last 12 months is $1,800,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$1,800,000
Median Single Family Sale Price
$1,841,000
Average Price Per Sq Ft
$636
Number of Homes for Sale
5
Last 12 months Home Sales
16
Median List Price
$1,800,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
