Sold381d on market
8333 Avalon Drive
Mercer Island, WA, 98040 • 98040 • King County
$3,250,000
$618/sqft
4Beds
5Baths
5,255Sqft
0.46 acLot
1963Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Territorial
Beach Club
98040
Outdoor Living
Second Primary Bedroom · Bath Off Primary · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · Hardwood · Hot Tub/Spa · Security System · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Water Heater · Wired for Generator
3 Fireplaces
Gas · Wood Burning · Lower Level: 1 · Main Level: 1 · Upper Level: 1 · Fireplace
2-Car Garage
Driveway · Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
381 days on market
Established listing
$618/sqft
Price per square foot
About this home
Single Family · Built 1963
Welcome to your Mercer Island Point of View, perched above the lake providing quintessential NW water/Mountain views and set within coveted south end community. Traditional floor plan bathed in natural light provides spaces for entertaining & retreat. The recently updated residence offers +5200sf of living w/four bedrooms (two primary) and five baths- featuring new hardwood floors & interior/exterior paint. The oversized lower-level bonus space has endless opportunities, ideal for multigen living or nanny’s quarters. The estate includes two tax parcels for privacy or future development. Beach Club across street w/lake access, moorage, tennis/full athletic/social facilities, minutes to restaurants, shopping, parks and award-winning schools.
Standout features identified
Our analysis highlights perched above the lake, new hardwood floors, and oversized lower-level bonus space as key attractions of this home.
Estimated monthly payment
Based on current rates
$20,237/month
Principal & Interest$15,904
Property Tax$3,250
Insurance$1,083
Down payment20% ($650,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,600,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1963
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
Parking2 Attached Garage spaces
Lot0.46 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1963
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionBrick, Wood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingDriveway, Attached Garage
Garage2 spaces
BasementPartially Finished
Fireplaces3
Lot0.46 Acres
Location & Tax
Neighborhood98040
Annual tax$18,099
Parcel0321100035
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Double Oven
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
See Remarks
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Tank-less
Water Heater Location: Basement
Flooring
Ceramic Tile
Hardwood
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
None
Fireplace
Gas
Wood Burning
Lower Level: 1
Main Level: 1
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
Construction
Brick
Wood Siding
Patio & Porch
Second Primary Bedroom
Bath Off Primary
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
Hardwood
Hot Tub/Spa
Security System
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Water Heater
Wired for Generator
Lot Features
Paved
High Speed Internet
Hot Tub/Spa
Irrigation
Security
Security System
Views
Lake
Territorial
Other Equipment
Wired for Generator
Room details
17 rooms detailed
Master Bedroom
SecondMaster Bedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
SecondBathroom Full
SecondListing insights
Market data and value estimates
StatusSold
Days on market381
Est. value$3,650,200
Est. rent$4,625/mo
Tax rate0.82%
Price/sqft$618
On marketJan 13, 2025
PostedNov 5, 2024
Last sold$3,250,000
MLS statusSold
MLS updatedApr 21, 2025
Tour days6
Views6
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
4 events
DateEventPrice$/sqftSource
Mar 21, 2025Sold$3,250,000$618NWMLS as distributed by MLS GRID
Feb 10, 2025Pending Sale$3,599,988$685NWMLS as distributed by MLS GRID
Jan 14, 2025Price Change$3,599,988$685NWMLS as distributed by MLS GRID
Nov 5, 2024Listed For Sale$3,870,000$736NWMLS as distributed by MLS GRID
Sold$3,250,000
Mar 21, 2025•$618/sqft•NWMLS as distributed by MLS GRID
Pending Sale$3,599,988
Feb 10, 2025•$685/sqft•NWMLS as distributed by MLS GRID
Price Change$3,599,988
Jan 14, 2025•$685/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$3,870,000
Nov 5, 2024•$736/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$18,329$2,798,000
Apr 7, 2023$18,099$2,628,000
Apr 7, 2022$18,032$2,939,000
Apr 7, 2021$15,773$2,141,000
Apr 7, 2020$15,143$1,891,000
Apr 7, 2019$14,809$1,874,000
Apr 7, 2018$13,795$1,835,000
Apr 7, 2017$14,372$1,656,000
Apr 7, 2016$10,887$1,491,000
Apr 7, 2015$10,887$1,351,000
Apr 7, 2014$10,887$1,244,000
Apr 7, 2013$10,887$1,074,000
Apr 7, 2012—$991,000
Apr 7, 2011—$979,000
Apr 7, 2010—$1,056,000
Apr 7, 2009—$1,056,000
Apr 7, 2007—$1,065,000
Apr 7, 2006—$988,000
Apr 7, 2005—$847,000
Apr 7, 2001$6,597$690,000
Apr 7, 2000$6,186$586,000
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 08:28:28 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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