Sold691d on market
4338 E Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$7,475,000
$1122/sqft
4Beds
6Baths
6,660Sqft
0.38 acLot
1996Built
Property DNA
Waterfront Property
Bulkhead, Lake, No Bank
Scenic Views
Lake · Territorial
Cape Cod Style
Built 1996 · 30 years of history
Eastside
98040
Outdoor Living
Ceramic Tile · Hardwood · Wall to Wall Carpet · Second Primary Bedroom · Bath Off Primary · Built-In Vacuum · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace (Primary Bedroom) · French Doors · Jetted Tub · Security System · Skylight(s) · Walk-In Closet(s) · Walk-In Pantry · Wet Bar · Wired for Generator · Fireplace · Water Heater
4 Fireplaces
Gas · Main Level: 2 · Upper Level: 2 · Fireplace
4-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
19 views
People checking out this listing
1 saves
Buyers have saved this home
691 days on market
Established listing
$1,122/sqft
Price per square foot
About this home
Single Family · Built 1996
East coast style meets NW waterfront living in this luxurious & timeless custom-built home. Expert craftsmanship coupled with classic styling & impeccable attention to detail make this a one of a kind property. Multiple indoor/outdoor entertaining spaces, flexible & open floor plan + elevator for complete access. Perfection on 120’ of level, no bank waterfront with Mt views. Mature, professional landscaping, private dock, boat house & boat/jet ski lifts. Quick I-90 access. Exceptional property.
Estimated monthly payment
Based on current rates
$46,571/month
Principal & Interest$36,579
Property Tax$7,475
Insurance$2,492
HOA$25
Down payment20% ($1,495,000)
3%50%
Est. 6.19% rate · 30yr fixed · $5,980,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1996
HeatingFireplace, Natural Gas
Parking4 Attached Garage spaces
HOA$25 monthly
Lot0.38 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCape Cod
ConditionVery Good
Year built1996
Stories2
Systems
HeatingFireplace, Natural Gas
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage4 spaces
BasementNone
Fireplaces4
Lot0.38 Acres
Location & Tax
Neighborhood98040
Annual tax$51,247
Parcel0046100009
Bathrooms & Fees
Full baths2
HOA$25/mo
Features & details
15 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Ceiling Fan(s)
Dining Room
Appliances
Dishwashers_
Double Oven
Dryer(s)
GarbageDisposal_
Microwaves_
Refrigerators_
Trash Compactor
Washer(s)
Dishwasher(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Water Heater: Gas
Water Heater Location: Utility Room
Flooring
Ceramic Tile
Hardwood
Carpet
Heating
Fireplace
Natural Gas
Fireplace
Gas
Main Level: 2
Upper Level: 2
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Accessibility
Other
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Wall to Wall Carpet
Second Primary Bedroom
Bath Off Primary
Built-In Vacuum
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace (Primary Bedroom)
French Doors
Jetted Tub
Security System
Skylight(s)
Walk-In Closet(s)
Walk-In Pantry
Wet Bar
Wired for Generator
Fireplace
Water Heater
Lot Features
Dead End Street
Paved
Boat House
Cable TV
Dock
Dog Run
Fenced-Partially
High Speed Internet
Patio
Sprinkler System
Community
CCRs
Security
Security System
Views
Lake
Territorial
Other Equipment
Wired for Generator
Listing insights
Market data and value estimates
StatusSold
Days on market691
Est. value$8,546,700
Est. rent$7,784/mo
Tax rate0.82%
Price/sqft$1122
On marketMay 15, 2024
PostedMay 15, 2024
Last sold$7,475,000
MLS statusSold
MLS updatedMay 15, 2024
Tour days6
Views19
Favorites1
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
5 events
DateEventPrice$/sqftSource
May 15, 2024Sold$7,475,000$1,122NWMLS as distributed by MLS GRID
Nov 1, 2018Listing Removed$5,950,000$893Windermere Real Estate/East, Inc.
Sep 4, 2018Price Change$5,950,000$893Windermere Real Estate/East, Inc.
Feb 27, 2018Listed For Sale$6,500,000$976Windermere Real Estate/East, Inc.
Feb 11, 1994Sold$875,000$131Public Record
Sold$7,475,000
May 15, 2024•$1,122/sqft•NWMLS as distributed by MLS GRID
Listing Removed$5,950,000
Nov 1, 2018•$893/sqft•Windermere Real Estate/East, Inc.
Price Change$5,950,000
Sep 4, 2018•$893/sqft•Windermere Real Estate/East, Inc.
Listed For Sale$6,500,000
Feb 27, 2018•$976/sqft•Windermere Real Estate/East, Inc.
Sold$875,000
Feb 11, 1994•$131/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$51,925$7,932,000
Apr 7, 2023$51,266$7,449,000
Apr 7, 2022—$8,330,000
Apr 7, 2021$45,833$6,226,000
Apr 7, 2020$43,986$5,497,000
Apr 7, 2019$43,810$5,548,000
Apr 7, 2018$42,804$5,698,000
Apr 7, 2017$47,702$5,500,000
Apr 7, 2016$37,302$5,117,000
Apr 7, 2015$37,302$4,634,000
Apr 7, 2014$37,302$4,266,000
Apr 7, 2013$37,302$4,298,000
Apr 7, 2012—$3,963,000
Apr 7, 2011—$4,162,000
Apr 7, 2010—$4,487,000
Apr 7, 2009—$4,487,000
Apr 7, 2007—$4,250,000
Apr 7, 2006—$3,858,000
Apr 7, 2005—$3,513,000
Apr 7, 2001$24,891$2,605,000
Apr 7, 2000$22,913$2,172,000
Nearby homes
Neighborhood details
Local context around this listing
Mercer Island, WA • King County
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040
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Based on information submitted to the MLS GRID as of 2026-04-07 10:33:39 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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