Sold395d on market
5248 W Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$2,488,000
$846/sqft
3Beds
4Baths
2,940Sqft
0.27 acLot
1962Built
Property DNA
Territorial Views
Territorial
Mercer Island
98040
Outdoor Living
Bath Off Primary · Concrete · Dining Room · Fireplace · Hardwood · Security System · Skylight(s) · Water Heater · Wet Bar
3 Fireplaces
Gas · Lower Level: 2 · Main Level: 1 · Fireplace
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 395 days ago · 1,642 views · 143 saves
Market activity
Demand and pricing signals for this listing
1,642 views
People checking out this listing
143 saves
Buyers have saved this home
395 days on market
Established listing
$846/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 50% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1962
Brilliantly reimagined mid-century residence originally designed by iconic Seattle architect Fred Bassetti in 1962. A complete remodel by Chadbourne + Doss won the AIA honor award in 2011. Known as The Wood Block Residence, this home has been featured in Dwell & Pacific Northwest Magazine. Features include a large steel & glass pivot door at entry, white Caesarstone kitchen island, concrete, Milestone plaster & baths set against dark stained oak floors & cedar wood wrapped walls & ceilings. The residence embraces the work from home concept & was created w/ a main floor primary suite, office space, a large great room & main floor deck. The lower level is multifunctional, with office/media room, 2 addl bdrms, 2 ba & private outdoor courtyard.
Estimated monthly payment
Based on current rates
$15,589/month
Principal & Interest$12,272
Property Tax$2,488
Insurance$829
Down payment20% ($497,600)
3%50%
Est. 6.26% rate · 30yr fixed · $1,990,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1962
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
Parking2 Carport spaces
Lot0.27 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1962
Systems
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
RoofFlat,Torch Down
ConstructionCement/Concrete, Metal/Vinyl, Wood Siding
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingAttached Carport, Driveway
BasementDaylight,Finished
Fireplaces3
Lot0.27 Acres
Location & Tax
Neighborhood98040
Annual tax$13,070
Parcel1410300108
Bathrooms & Fees
Full baths3
Features & details
12 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Double Oven
Disposal
Refrigerator(s)
Stove(s)/Range(s)
Garbage Disposal
Water Heater: Electric
Flooring
Concrete
Hardwood
Heating
Fireplace
Forced Air
Heat Pump
Electric
Natural Gas
Fireplace
Gas
Lower Level: 2
Main Level: 1
Fireplace
Windows
Skylight(s)
Exterior Features
Parking
Attached Carport
Driveway
Construction
Cement/Concrete
Metal/Vinyl
Wood Siding
Patio & Porch
Bath Off Primary
Concrete
Dining Room
Fireplace
Hardwood
Security System
Skylight(s)
Water Heater
Wet Bar
Lot Features
Paved
Cable TV
Deck
Gas Available
Patio
Security
Security System
Views
Territorial
Room details
13 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
LowerBathroom Full
MainBathroom Full
LowerBathroom Full
LowerListing insights
Market data and value estimates
StatusSold
Days on market395
Est. value$2,458,900
Est. rent$6,530/mo
Tax rate0.82%
Price/sqft$846
On marketNov 1, 2024
PostedSep 11, 2024
Last sold$2,488,000
MLS statusSold
MLS updatedJan 31, 2025
Tour days6
Views1,642
Favorites143
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
15 events
DateEventPrice$/sqftSource
Mar 27, 2026Listing Removed$7,500$3Zillow Rentals
Mar 13, 2026Listed For Rent$7,500$3Zillow Rentals
Sep 12, 2025Listing Removed$7,500$3Zillow Rentals
Aug 25, 2025Price Change$7,500$3Zillow Rentals
Aug 8, 2025Price Change$8,000$3Zillow Rentals
Aug 2, 2025Listed For Rent$10,000$3Zillow Rentals
Mar 10, 2025Sold$2,488,000$846Public Record
Jan 16, 2025Listing Removed$10,000$3Zillow Rentals
Jan 4, 2025Listed For Rent$10,000$3Zillow Rentals
Dec 31, 2024Sold$2,488,000$846NWMLS as distributed by MLS GRID
Dec 10, 2024Pending Sale$2,695,000$917NWMLS as distributed by MLS GRID
Nov 16, 2024Price Change$2,695,000$917NWMLS as distributed by MLS GRID
Oct 4, 2024Price Change$2,850,000$969NWMLS as distributed by MLS GRID
Sep 11, 2024Listed For Sale$2,995,000$1,019NWMLS as distributed by MLS GRID
May 28, 2006Sold$788,000$268NWMLS as distributed by MLS GRID
Listing Removed$7,500
Mar 27, 2026•$3/sqft•Zillow Rentals
Listed For Rent$7,500
Mar 13, 2026•$3/sqft•Zillow Rentals
Listing Removed$7,500
Sep 12, 2025•$3/sqft•Zillow Rentals
Price Change$7,500
Aug 25, 2025•$3/sqft•Zillow Rentals
Price Change$8,000
Aug 8, 2025•$3/sqft•Zillow Rentals
Listed For Rent$10,000
Aug 2, 2025•$3/sqft•Zillow Rentals
Sold$2,488,000
Mar 10, 2025•$846/sqft•Public Record
Listing Removed$10,000
Jan 16, 2025•$3/sqft•Zillow Rentals
Listed For Rent$10,000
Jan 4, 2025•$3/sqft•Zillow Rentals
Sold$2,488,000
Dec 31, 2024•$846/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,695,000
Dec 10, 2024•$917/sqft•NWMLS as distributed by MLS GRID
Price Change$2,695,000
Nov 16, 2024•$917/sqft•NWMLS as distributed by MLS GRID
Price Change$2,850,000
Oct 4, 2024•$969/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,995,000
Sep 11, 2024•$1,019/sqft•NWMLS as distributed by MLS GRID
Sold$788,000
May 28, 2006•$268/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 10, 2024$12,989$1,982,000
Apr 10, 2023$13,070$1,897,000
Apr 10, 2022$13,025$2,122,000
Apr 10, 2021$11,688$1,586,000
Apr 10, 2020$11,719$1,463,000
Apr 10, 2019$12,173$1,540,000
Apr 10, 2018$11,339$1,508,000
Apr 10, 2017$11,814$1,361,000
Apr 10, 2016$9,252$1,267,000
Apr 10, 2015$9,252$1,148,000
Apr 10, 2014$9,252$1,057,000
Apr 10, 2013$9,252$1,131,000
Apr 10, 2012—$1,043,000
Apr 10, 2011—$1,030,000
Apr 10, 2010—$1,079,000
Apr 10, 2009—$1,079,000
Apr 10, 2007—$651,000
Apr 10, 2006—$604,000
Apr 10, 2005—$586,000
Apr 10, 2001$4,333$453,000
Apr 10, 2000$4,130$391,000
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 2026-04-10 00:54:34 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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