Sold742d on market
4888 Forest Avenue SE
Mercer Island, WA, 98040 • 98040 • King County
$2,200,000
$634/sqft
3Beds
3Baths
3,470Sqft
0.45 acLot
1981Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · See Remarks
Northwest Contemporary Style
Built 1981 · 45 years of history
Westside
98040
Outdoor Living
Ceramic Tile · Hardwood · Bath Off Primary · Ceiling Fan(s) · Dining Room · French Doors · High Tech Cabling · Loft · Security System · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Wet Bar · Fireplace · Water Heater
2 Fireplaces
Wood Burning · Main Level: 1 · Upper Level: 1 · Fireplace
3-Car Garage
Attached Carport · Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 742 days ago · 9 views · Top 9% likely to sell soon
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
742 days on market
Established listing
$634/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 9% 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 1981
Peek lake views & beautiful sunsets from this open & spacious NW home. Walls of windows let in the light & surrounding nature. Formal liv/din rms w/soaring ceilings. Open kit/fam rms w/access to the util rm from the garage & backyd. Wrap-around Trex deck & glass railings extend the feeling of nature all around you. The main flr includes an elegant entry, library, 1/2 bath, & big pantry (wine cellar/toys). The upper flr features a private primary wing w/5-piece bthrm (soaking tub, dual sinks, heated flr), 2 lrg walk-in closets & sitting area, 2 add'l bdrms, full bth & a second staircase to the main flr & basement. LL features a rec rm & office space w/private entry. 2-car garage + carport w/covered entry. A home w/warmth & character.
Standout features identified
Our analysis highlights beautiful sunsets, sitting area, and private primary wing as key attractions of this home.
Estimated monthly payment
Based on current rates
$13,576/month
Principal & Interest$10,643
Property Tax$2,200
Insurance$733
Down payment20% ($440,000)
3%50%
Est. 6.08% rate · 30yr fixed · $1,760,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1981
HeatingFireplace, Forced Air, Other – See Remarks, Radiant, Electric, Natural Gas
CoolingNone
Parking3 Attached Garage spaces
Lot0.45 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleNorthwest Contemporary
Year built1981
Stories2
Systems
HeatingFireplace, Forced Air, Other – See Remarks, Radiant, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Carport, Attached Garage
Garage3 spaces
BasementDaylight,Finished
Fireplaces2
Lot0.45 Acres
Location & Tax
Neighborhood98040
Annual tax$16,831
Parcel2574900070
Bathrooms & Fees
Full baths2
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
High Tech Cabling
Loft
Appliances
Dishwasher_
Double Oven
GarbageDisposal_
Microwave_
Refrigerator_
StoveRange_
Washer
Dishwasher
Garbage Disposal
Microwave
Refrigerator
StoveRange
Water Heater: Electric
Water Heater Location: Garage
Flooring
Ceramic Tile
Hardwood
Heating
Fireplace
Forced Air
Other – See Remarks
Radiant
Electric
Natural Gas
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Upper Level: 1
Fireplace
Windows
Skylight(s)
Exterior Features
Parking
Attached Carport
Attached Garage
Construction
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Bath Off Primary
Ceiling Fan(s)
Dining Room
French Doors
High Tech Cabling
Loft
Security System
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Wet Bar
Fireplace
Water Heater
Lot Features
Corner Lot
Paved
Cable TV
Deck
Gas Available
High Speed Internet
Patio
Security
Security System
Views
Lake
See Remarks
Room details
16 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
SecondBathroom Full
SecondOther
MainListing insights
Market data and value estimates
StatusSold
Days on market742
Est. value$2,521,100
Est. rent$6,577/mo
Tax rate0.82%
Price/sqft$634
On marketMar 18, 2024
PostedFeb 24, 2024
Last sold$2,200,000
MLS statusSold
MLS updatedMar 27, 2024
Tour days6
Views9
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
8 events
DateEventPrice$/sqftSource
Mar 27, 2024Sold$2,200,000$634NWMLS as distributed by MLS GRID
Mar 5, 2024Pending Sale$2,195,000$633NWMLS as distributed by MLS GRID
Feb 24, 2024Listed For Sale$2,195,000$633NWMLS as distributed by MLS GRID
Mar 7, 2014Sold$1,120,000$323NWMLS as distributed by MLS GRID
Jan 14, 2014Pending Sale$1,149,000$331John L Scott Real Estate
Jan 11, 2014Price Change$1,149,000$331John L Scott Real Estate
Oct 18, 2013Price Change$1,197,500$345John L Scott Real Estate
Sep 6, 2013Listed For Sale$1,225,000$353John L. Scott Real Estate
Sold$2,200,000
Mar 27, 2024•$634/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,195,000
Mar 5, 2024•$633/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,195,000
Feb 24, 2024•$633/sqft•NWMLS as distributed by MLS GRID
Sold$1,120,000
Mar 7, 2014•$323/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,149,000
Jan 14, 2014•$331/sqft•John L Scott Real Estate
Price Change$1,149,000
Jan 11, 2014•$331/sqft•John L Scott Real Estate
Price Change$1,197,500
Oct 18, 2013•$345/sqft•John L Scott Real Estate
Listed For Sale$1,225,000
Sep 6, 2013•$353/sqft•John L. Scott Real Estate
Tax history
21 years of records
YearTax paidAssessed value
Apr 9, 2024$15,594$2,380,000
Apr 9, 2023$15,395$2,235,000
Apr 9, 2022$16,831$2,743,000
Apr 9, 2021$15,103$2,050,000
Apr 9, 2020$14,495$1,810,000
Apr 9, 2019$12,883$1,630,000
Apr 9, 2018$12,000$1,596,000
Apr 9, 2017$12,499$1,440,000
Apr 9, 2016$9,803$1,320,000
Apr 9, 2015$9,803$1,216,000
Apr 9, 2014$11,184$1,120,000
Apr 9, 2013$11,184$1,017,000
Apr 9, 2012—$938,000
Apr 9, 2011—$926,000
Apr 9, 2010—$999,000
Apr 9, 2009—$999,000
Apr 9, 2007—$923,000
Apr 9, 2006—$856,000
Apr 9, 2005—$780,000
Apr 9, 2001$6,129$641,000
Apr 9, 2000$6,133$581,000
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 2026-04-09 12:38:37 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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