Sold6d on marketHistoric · 91 yrs
4514 Ferncroft Road
Mercer Island, WA, 98040 • 98040 • King County
$1,690,000
$1070/sqft
3Beds
2Baths
1,580Sqft
0.45 acLot
1935Built
Property DNA
Waterfront Property
Direct water access
Lake Views
Lake
Character Home
Built 1935 · 91 years of history
Ferncroft
98040
Outdoor Living
Dining Room · Fireplace · French Doors
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 6 days ago · 696 views · 31 saves · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
696 views
People checking out this listing
31 saves
Buyers have saved this home
6 days on market
Just listed — act fast
$1,070/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% 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 1935 · Historic
Welcome to Fern Cottage. Tucked into the coveted Ferncroft neighborhood, this charming 1935 home began life as one of Mercer Island’s original vacation cottages. But don’t be deceived by this home’s humble origin and modest footprint. As big views of Lake Washington and the eastern mountains quickly take center stage, you begin to understand the potential of Fern Cottage. Picture windows frame the sweeping views, while an oversized stone fireplace, beamed ceilings, and French doors to the brick patio and outdoor studio space anchor the home’s timeless charm. Explore the nearly half acre lot, with its various types of flora, including 200-year-old Douglas Fir trees, and a winding path down to the babbling creek. You will feel as if you have stepped back in time when you enter this special place. But when you sit on the over-sized deck, watching the eagles over the lake and listening to the creek, you will begin to imagine a future of endless possibilities at Fern Cottage.
Standout features identified
Our analysis highlights brick patio, oversized stone fireplace, and nearly half acre lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,523/month
Principal & Interest$8,270
Property Tax$1,690
Insurance$563
Down payment20% ($338,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,352,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1935
HeatingFireplace, Baseboard, Electric
CoolingNone
Parking2 Carport spaces
Lot0.45 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionFixer
Year built1935
Stories1
Systems
HeatingFireplace, Baseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Carport
BasementUnfinished
Fireplaces1
Lot0.45 Acres
Location & Tax
Neighborhood98040
ZoningR15
Annual tax$11,149
Parcel0046100514
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Interior
Dining Room
Appliances
Dishwasher
Refrigerator
Stove(s)/Range(s)
Dishwasher(s)
Refrigerator(s)
Flooring
Hardwood
Laminate
Vinyl
Carpet
Heating
Fireplace
Baseboard
Electric
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
Attached Carport
Construction
Wood Siding
Patio & Porch
Dining Room
Fireplace
French Doors
Lot Features
Corner Lot
Dead End Street
Paved
Value In Land
Cable TV
Deck
Fenced-Partially
Outbuildings
Patio
Views
Lake
Room details
10 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainDining Room
MainListing insights
Market data and value estimates
StatusSold
Days on market6
Est. value$1,690,200
Est. rent$4,207/mo
Tax rate0.82%
Price/sqft$1070
On marketMar 25, 2026
PostedMar 4, 2026
Last sold$1,690,000
MLS statusSold
MLS updatedApr 1, 2026
Tour days6
Views696
Favorites31
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
5 events
DateEventPrice$/sqftSource
Mar 31, 2026Sold$1,690,000$1,070NWMLS as distributed by MLS GRID
Mar 9, 2026Pending Sale$1,575,000$997NWMLS as distributed by MLS GRID
Mar 4, 2026Listed For Sale$1,575,000$997NWMLS as distributed by MLS GRID
Jul 28, 2025Listing Removed$3,695$2Zillow Rentals
Jul 12, 2025Listed For Rent$3,695$2Zillow Rentals
Sold$1,690,000
Mar 31, 2026•$1,070/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,575,000
Mar 9, 2026•$997/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,575,000
Mar 4, 2026•$997/sqft•NWMLS as distributed by MLS GRID
Listing Removed$3,695
Jul 28, 2025•$2/sqft•Zillow Rentals
Listed For Rent$3,695
Jul 12, 2025•$2/sqft•Zillow Rentals
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$12,603$1,923,000
Apr 7, 2023$12,444$1,806,000
Apr 7, 2022—$2,020,000
Apr 7, 2021$10,850$1,472,000
Apr 7, 2020$10,416$1,300,000
Apr 7, 2019$8,518$1,077,000
Apr 7, 2018$7,952$1,057,000
Apr 7, 2017$8,311$957,000
Apr 7, 2016$6,437$876,000
Apr 7, 2015$6,437$794,000
Apr 7, 2014$6,437$735,000
Apr 7, 2013$6,437$663,000
Apr 7, 2012—$612,000
Apr 7, 2011—$605,000
Apr 7, 2010—$545,000
Apr 7, 2009—$545,000
Apr 7, 2007—$545,000
Apr 7, 2006—$506,000
Apr 7, 2005—$461,000
Apr 7, 2001$3,483$364,000
Apr 7, 2000$3,265$309,000
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)
No obligation · Same-day response