It is common to perform limit equilibrium slope stability analysis under specified static groundwater table without considering the seepage effect. In fact, the slope instability is frequently associated with the precipitation. Meanwhile, infiltration and seepage of groundwater are significantly dependent on the elapsed time duration. Considering a specific typhoon hyetograph and the permeability of ground strata, this study attempted to establish a numerical model to encompass precipitation/seepage/stability analyses in an entire slope stability analysis procedure. The validity of the numerical model can be verified by comparing the numerical results with the investigations of the disastrous slope failure of Xizhi Lincoln Residential Construction Project in 1997. In addition, a series of parametric studies on various design parameters of stabilization countermeasures and geological material were carried out to investigate the influences on the disastrous slope failure event.