Sold901d on market
7012 E Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$2,800,000
$841/sqft
5Beds
4Baths
3,330Sqft
0.19 acLot
2015Built
Property DNA
Waterfront Property
Direct water access
Lake Views
Lake
Modern Style
Built 2015 · 11 years of history
South End
98040
Outdoor Living
Ceramic Tile · Hardwood · Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · French Doors · High Tech Cabling · Security System · SMART Wired · Sprinkler System · Vaulted Ceiling(s) · Walk-In Closet(s) · Fireplace · Water Heater
1 Fireplace
Gas · Main Level: 1 · Fireplace
2-Car Garage
Attached Garage
Ceramic Tile & Engineered Hardwood & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 901 days ago · 14 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
14 views
People checking out this listing
901 days on market
Established listing
$841/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 2015
Modern living at its finest on beautiful Mercer Island. Masterfully crafted by Method Homes in 2014, this modern masterpiece offers you the ideal opportunity to embrace the beauty of the Pacific Northwest. Located just minutes from parks and beaches, it also boasts the convenience of proximity to shopping and social amenities, including the south-end shopping district, the Mercer Island Beach Club, and the Mercer Island Country Club. Get lost exploring over 3,330 sq/ft of this SMART home, featuring 5 bedrooms, 4 bathrooms, and an open concept formal living area with gas fireplace, and a gourmet chefs' kitchen with high end appliances. Enjoy one of the three decks, while having peek-a-boo views of the lake. Simply don't miss this one!
Standout features identified
Our analysis highlights gas fireplace, mercer island beach club, and proximity to shopping as key attractions of this home.
Estimated monthly payment
Based on current rates
$17,435/month
Principal & Interest$13,702
Property Tax$2,800
Insurance$933
Down payment20% ($560,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,240,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2015
HeatingFireplace, Forced Air, Natural Gas
Parking2 Attached Garage spaces
Lot8,411 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleModern
Year built2015
Systems
HeatingFireplace, Forced Air, Natural Gas
RoofFlat
ConstructionCement/Concrete, Cement Planked, Metal/Vinyl, Wood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
Fireplaces1
Lot8,411 sqft
Location & Tax
Neighborhood98040
Annual tax$16,310
Parcel3024059228
Bathrooms & Fees
Full baths2
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
High Tech Cabling
Appliances
Dishwasher_
Double Oven
Dryer
GarbageDisposal_
Microwave_
Refrigerator_
StoveRange_
Washer
Dishwasher
Garbage Disposal
Microwave
Refrigerator
StoveRange
Water Heater: Gas / Tankless
Water Heater Location: Garage
Flooring
Ceramic Tile
Engineered Hardwood
Hardwood
Heating
Fireplace
Forced Air
Natural Gas
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Green/Energy
Double Wall
Exterior Features
Parking
Attached Garage
Construction
Cement/Concrete
Cement Planked
Metal/Vinyl
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
French Doors
High Tech Cabling
Security System
SMART Wired
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Fireplace
Water Heater
Lot Features
Paved
Secluded
Dog Run
Fenced-Partially
Gas Available
High Speed Internet
Rooftop Deck
Sprinkler System
Security
Security System
Views
Lake
Room details
16 rooms detailed
Master Bedroom
SecondBedroom
MainBedroom
SecondBedroom
SecondBedroom
ThirdBathroom Three Quarter
SecondListing insights
Market data and value estimates
StatusSold
Days on market901
Est. value$2,883,900
Est. rent$7,058/mo
Tax rate0.82%
Price/sqft$841
On marketOct 14, 2023
PostedSep 22, 2023
Last sold$2,800,000
MLS statusSold
MLS updatedOct 23, 2023
Tour days6
Views14
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
7 events
DateEventPrice$/sqftSource
Oct 18, 2023Sold$2,800,000$841NWMLS as distributed by MLS GRID
Sep 30, 2023Pending Sale$2,850,000$856NWMLS as distributed by MLS GRID
Sep 22, 2023Listed For Sale$2,850,000$856NWMLS as distributed by MLS GRID
May 31, 2019Sold$2,050,000$616NWMLS as distributed by MLS GRID
May 17, 2019Pending Sale$2,095,000$629Windermere Real Estate/Mercer Island
May 9, 2019Price Change$2,095,000$629Windermere Real Estate/Mercer Island
Apr 23, 2019Listed For Sale$2,195,000$659Windermere Real Estate/Mercer Island
Sold$2,800,000
Oct 18, 2023•$841/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,850,000
Sep 30, 2023•$856/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,850,000
Sep 22, 2023•$856/sqft•NWMLS as distributed by MLS GRID
Sold$2,050,000
May 31, 2019•$616/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,095,000
May 17, 2019•$629/sqft•Windermere Real Estate/Mercer Island
Price Change$2,095,000
May 9, 2019•$629/sqft•Windermere Real Estate/Mercer Island
Listed For Sale$2,195,000
Apr 23, 2019•$659/sqft•Windermere Real Estate/Mercer Island
Tax history
11 years of records
YearTax paidAssessed value
Apr 7, 2024$16,575$2,530,000
Apr 7, 2023$16,365$2,376,000
Apr 7, 2022$16,310$2,658,000
Apr 7, 2021$14,639$1,987,000
Apr 7, 2020$14,055$1,755,000
Apr 7, 2019$16,120$2,040,000
Apr 7, 2018$15,011$1,997,000
Apr 7, 2017$15,638$1,802,000
Apr 7, 2016$4,165$1,677,000
Apr 7, 2015$4,165$1,519,000
Apr 7, 2014$4,165$475,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 12:33:48 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. [Click here for more information](/mls-disclaimers/#39)
No obligation · Same-day response