For Sale353d on market
7254 N Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$6,995,000
$1372/sqft
-$255,000 since Sep 16, 2025
5Beds
6Baths
5,100Sqft
0.33 acLot
2025Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
City · Lake
2 Stories w/Bsmnt Style
Built 2025 · 1 years of history
North End
98040
Outdoor Living
Second Kitchen · Bath Off Primary · Built-In Vacuum · Dbl Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · High Tech Cabling · Pantry · Security System · Skylight(s) · Sprinkler System · Vaulted Ceiling(s) · Walk-In Closet(s) · Water Heater · Wet Bar · Wine/Beverage Refrigerator · Wired for Generator
3 Fireplaces
Gas · Lower Level: 1 · Main Level: 1 · Upper Level: 1 · Fireplace
Garage
Attached Garage
Ceramic Tile & Engineered Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 353 days ago · 1,779 views · 45 saves
Market activity
Demand and pricing signals for this listing
1,779 views
People checking out this listing
45 saves
Buyers have saved this home
353 days on market
Established listing
$1,372/sqft
Price per square foot
About this home
Single Family · Built 2025
A spotless and stunning new-construction home. Sited on the conveniently located north end with easy access to downtown Mercer Island, I-90, Bellevue and Seattle. Captivating lake and city views! Live exceptionally in this perfectly crafted masterpiece, featuring a great room concept with dramatic views which opens to an expansive deck with built-in barbeque and cooking station, two designer kitchens, ensuite bedrooms and the finest fixtures and finishes. High tech and high concept; wired for servers, generator, speakers and blinds. High tech security system. Garage has three outlets for EV charging. Multiple decks and patios present spot-on views of Bellevue's gleaming skyline and fireworks from summer celebrations.
Standout features identified
Our analysis highlights finest fixtures and finishes, dramatic views, and multiple decks and patios as key attractions of this home.
Estimated monthly payment
Based on current rates
$43,557/month
Principal & Interest$34,230
Property Tax$6,995
Insurance$2,332
Down payment20% ($1,399,000)
3%50%
Est. 6.19% rate · 30yr fixed · $5,596,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2025
HeatingFireplace, Forced Air, Heat Pump, Radiant, Electric, Natural Gas
CoolingForced Air
Parking3 Attached Garage spaces
Lot0.33 Acres
Days on Zillow353 Days
Price/sqft$1,372
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style2 Stories w/Bsmnt
ConditionVery Good
Year built2025
Stories2
Systems
HeatingFireplace, Forced Air, Heat Pump, Radiant, Electric, Natural Gas
CoolingForced Air
RoofComposition
ConstructionCement Planked, Cement Plank
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingAttached Garage
BasementDaylight
Fireplaces3
Lot0.33 Acres
Location & Tax
Neighborhood98040
Annual tax$39,470
Parcel5315100056
Bathrooms & Fees
Full baths3
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Pantry
Appliances
Dishwasher
Disposal
Double Oven
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Tankless Water Heater
Washer
Dishwasher(s)
Dryer(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Washer(s)
Water Heater: tankless
Water Heater Location: basement
Flooring
Ceramic Tile
Engineered Hardwood
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Radiant
Electric
Natural Gas
Cooling
Forced Air
Fireplace
Gas
Lower Level: 1
Main Level: 1
Upper Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Cement Planked
Cement Plank
Patio & Porch
Second Kitchen
Bath Off Primary
Built-In Vacuum
Dbl Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
High Tech Cabling
Pantry
Security System
Skylight(s)
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater
Wet Bar
Wine/Beverage Refrigerator
Wired for Generator
Lot Features
Cable TV
Deck
Electric Car Charging
Fenced-Partially
Gas Available
High Speed Internet
Patio
Sprinkler System
Security
Security System
Views
City
Lake
Other Equipment
Wired for Generator
Room details
19 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBedroom
LowerBathroom Full
SecondListing insights
Market data and value estimates
StatusFor Sale
Days on market353
Est. rent$9,186/mo
Tax rate0.82%
Price/sqft$1372
On marketApr 17, 2025
PostedApr 18, 2025
MLS statusActive
MLS updatedMar 31, 2026
Tour days9
Views1,779
Favorites45
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
2 events
DateEventPrice$/sqftSource
Sep 16, 2025Price Change$6,995,000$1,372NWMLS as distributed by MLS GRID
Apr 18, 2025Listed For Sale$7,250,000$1,422NWMLS as distributed by MLS GRID
Price Change$6,995,000
Sep 16, 2025•$1,372/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$7,250,000
Apr 18, 2025•$1,422/sqft•NWMLS as distributed by MLS GRID
Tax history
14 years of records
YearTax paidAssessed value
Apr 7, 2024$44,661$6,822,000
Apr 7, 2023$39,447$5,731,000
Apr 7, 2022$42,910$6,998,000
Apr 7, 2021$34,346$4,665,000
Apr 7, 2020$31,283$3,908,900
Apr 7, 2019$12,820$1,622,000
Apr 7, 2018$11,992$1,595,000
Apr 7, 2017$13,314$1,534,000
Apr 7, 2016$10,292$1,404,000
Apr 7, 2015$10,292$1,272,000
Apr 7, 2014$10,292$1,176,000
Apr 7, 2013$10,292$590,000
Apr 7, 2012—$544,000
Apr 7, 2011—$573,000
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 05:53:26 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)
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