5265 West Mercer Way, Mercer Island, WA 98040

$7,629,375
4
BD
2
BA
3,880
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Windermere West Metro. Selling Office: Fly Route LLC.

Sold Price
$7,629,375
List Price
$8,150,000
Status
SOLD
MLS#
2469842
Closing Date
Mar 19, 2026
Days on Market
17
Bedrooms
4
Finished SqFt
3,880
Area Total SqFt
3880
Annual Tax Ammount
58757
Internet Provider
Comcast
Lot Size (sq ft)
28,009
Fireplace
Yes
Sewer
Sewer Connected
Offer Review Date
2026-02-05

Property Description

A rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28,000 square feet of private, forested grounds with 150 feet of shoreline, the property commands sweeping views of Seattle’s skyline, Seward Park, glowing sunsets, and the dynamic beauty of Lake Washington. The setting feels tranquil and secluded, yet remains moments from the heart of Mercer Island and within effortless reach of Seattle, Bellevue, Issaquah, and year round mountain recreation. A private dock supports an exceptional lakeside lifestyle with boating, swimming, paddleboarding, and long summer days on the water. The existing 3880 sq foot residence is rich in timeless character and presents an ideal candidate for a comprehensive gut renovation, preserving its soul while elevating it to modern luxury standards, or alternatively offers a compelling canvas for new construction that fully maximizes the premier west side waterfront setting. Located in one of Mercer Island’s most coveted neighborhoods, this rare property benefits from top rated schools, a strong community, and enduring long term value through irreplaceable land and views.

Additional Information

Community
West Mercer
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight, Finished
Year Built
1941
Total Covered Parking
2
Waterfront
Yes
Waterfront Description
Low Bank, Lake
View
City, Lake, Territorial
Roof
Tile
Site Features
Deck, Dock
Tax Year
2025
School District
Mercer Island
Potential Terms
Cash, Conventional
Interior Features
Dining Room, Fireplace, French Doors, Jetted Tub, Skylight(s), Water Heater
Flooring
Ceramic Tile, Hardwood, Carpet
Driving Directions
GPS will take you too far on W Mercer Way. Review map in Supplements for most accurate directions. Turn on 82nd Ave SE and then first left on Forest and follow Forest down to the water. House on left.
Appliance
Dishwasher, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Basement
Water Heater Type
Electric
Energy Source
Oil
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks