Sold1002d on market

4879 Forest Avenue SE

Mercer Island, WA, 98040 • 98040 • King County

$5,150,000

$1528/sqft

4Beds

4Baths

3,370Sqft

0.29 acLot

1946Built

Property DNA

8 highlights

Waterfront Property

Bank-Low, Lake, No Bank

Scenic Views

City · Lake

Character Home

Built 1946 · 80 years of history

Westside

98040

Outdoor Living

Ceramic Tile · Hardwood · Wall to Wall Carpet · Second Kitchen · Bath Off Primary · Built-In Vacuum · Double Pane/Storm Window · Dining Room · Fireplace (Primary Bedroom) · French Doors · Jetted Tub · Skylight(s) · Walk-In Closet(s) · Fireplace

2 Fireplaces

Gas · Main Level: 1 · Upper Level: 1 · Fireplace

2-Car Garage

Driveway · Detached Garage

Ceramic Tile & Hardwood Floors

Quality flooring throughout

Market activity

Demand and pricing signals for this listing

18 views

People checking out this listing

1002 days on market

Established listing

$1,528/sqft

Price per square foot

About this home

Single Family · Built 1946

Picturesque Westside Waterfront. Epic sunsets w/ Seattle skyline, Olympic Mtn & Seward Park views. Modern, turn-key & smartly designed to capture views from every level. Main floor, open living spaces flow out to entertaining deck. Gourmet, updated kitchen w/ high-end appliances, premium cabinetry & slab counters. Upstairs office & spacious primary suite w/ balcony, fireplace, walk-in closet & stunning bath. Rec room & 2 BDRs down. Recently remodeled ADU studio as add'l 4th BDR w/ full bath & kitchen over detached garage. Private setting w/ manicured landscaping, level lawn, private dock w/ boat lift/canopy & 2 jetski lifts. Fire pit at water’s edge. Flat driveway w/ ample parking in walkable neighborhood. Your waterfront dreams come true!

Standout features identified

Our analysis highlights ample parking, flat driveway, and olympic mtn as key attractions of this home.

Estimated monthly payment

Based on current rates

$31,780/month

Principal & Interest$24,914

Property Tax$5,150

Insurance$1,717

Down payment20% ($1,030,000)

3%50%

Est. 6.08% rate · 30yr fixed · $4,120,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1946

HeatingFireplace, Forced Air, Radiant, Natural Gas

Parking2 Garage spaces

Lot0.29 Acres

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1946

Stories2

Systems

HeatingFireplace, Forced Air, Radiant, Natural Gas

RoofTorch Down

ConstructionCement Planked

Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island

Parking & Outdoor

ParkingDriveway, Detached Garage

Garage2 spaces

BasementDaylight,Finished

Fireplaces2

Lot0.29 Acres

Location & Tax

Neighborhood98040

Annual tax$22,763

Parcel2574900176

Bathrooms & Fees

Full baths3

Features & details

11 categories of property features

Interior Features

Interior

Bath Off Primary

Central Vacuum

Dining Room

Appliances

Dishwasher_

Dryer

GarbageDisposal_

Microwave_

Refrigerator_

StoveRange_

Washer

Dishwasher

Garbage Disposal

Microwave

Refrigerator

StoveRange

Water Heater Location: Lower level & garage

Flooring

Ceramic Tile

Hardwood

Carpet

Heating

Fireplace

Forced Air

Radiant

Natural Gas

Fireplace

Gas

Main Level: 1

Upper Level: 1

Fireplace

Windows

Double Pane/Storm Window

Skylight(s)

Exterior Features

Parking

Driveway

Detached Garage

Construction

Cement Planked

Patio & Porch

Ceramic Tile

Hardwood

Wall to Wall Carpet

Second Kitchen

Bath Off Primary

Built-In Vacuum

Double Pane/Storm Window

Dining Room

Fireplace (Primary Bedroom)

French Doors

Jetted Tub

Skylight(s)

Walk-In Closet(s)

Fireplace

Lot Features

Dead End Street

Paved

Secluded

Cable TV

Deck

Dock

Fenced-Partially

Gas Available

High Speed Internet

Moorage

Outbuildings

Patio

Sprinkler System

Views

City

Lake

Room details

16 rooms detailed

Master Bedroom

Second

Bedroom

Second

Bedroom

Lower

Bedroom

Lower

Bathroom Full

Second

Bathroom Full

Second

Listing insights

Market data and value estimates

StatusSold

Days on market1002

Est. value$5,040,700

Est. rent$6,567/mo

Tax rate0.82%

Price/sqft$1528

On marketMay 4, 2023

PostedMar 29, 2023

Last sold$5,150,000

MLS statusSold

MLS updatedJul 11, 2023

Tour days6

How are the schools in Mercer Island?

3 schools rated nearby

Island Park Elementary School

Elementary • Public • K-5

0.5 mi

Islander Middle School

Middle • Public • 6-8

1.5 mi

Mercer Island High School

High • Public • 9-12

1.0 mi

Location

Mercer Island, WA, 98040

Expand map

Price history

6 events

DateEventPrice$/sqftSource

Jul 11, 2023Sold$5,150,000$1,528NWMLS as distributed by MLS GRID

Jun 5, 2023Pending Sale$5,475,000$1,625NWMLS as distributed by MLS GRID

Mar 29, 2023Listed For Sale$5,475,000$1,625NWMLS as distributed by MLS GRID

Jul 12, 2010Sold$2,380,000$706NWMLS as distributed by MLS GRID

May 21, 2010Pending Sale$2,499,000$742Coldwell Banker Bain Associates

Apr 28, 2010Listed For Sale$2,499,000$742Coldwell Banker Bain Associates

Sold$5,150,000

Jul 11, 2023•$1,528/sqft•NWMLS as distributed by MLS GRID

Pending Sale$5,475,000

Jun 5, 2023•$1,625/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$5,475,000

Mar 29, 2023•$1,625/sqft•NWMLS as distributed by MLS GRID

Sold$2,380,000

Jul 12, 2010•$706/sqft•NWMLS as distributed by MLS GRID

Pending Sale$2,499,000

May 21, 2010•$742/sqft•Coldwell Banker Bain Associates

Listed For Sale$2,499,000

Apr 28, 2010•$742/sqft•Coldwell Banker Bain Associates

Tax history

13 years of records

YearTax paidAssessed value

Apr 9, 2024$25,776$3,936,000

Apr 9, 2023$25,454$3,697,000

Apr 9, 2022$25,362$4,135,000

Apr 9, 2021$22,763$3,091,000

Apr 9, 2020$21,846$2,729,000

Apr 9, 2019$22,592$2,860,000

Apr 9, 2018$21,041$2,800,000

Apr 9, 2017$23,363$2,693,000

Apr 9, 2016$18,046$2,464,000

Apr 9, 2015$18,046$2,232,000

Apr 9, 2014$18,046$2,063,000

Apr 9, 2013$18,046$1,688,000

Apr 9, 2000$9,593$909,000

Nearby homes

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Recently Sold

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Recently Sold

$15,150,000

3 bd5 ba4,540 sqft

5045 Forest Ave SE, Mercer Island, WA

Recently Sold

$3,120,000

5 bd5 ba5,800 sqft

5016 84th Ave SE, Mercer Island, WA

Recently Sold

$2,540,000

4 bd3 ba3,270 sqft

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Recently Sold

$4,300,000

5 bd6 ba5,535 sqft

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Neighborhood details

Local context around this listing

Mercer Island, WA • King County

Nearby cities

AuburnBellevueBothellFederal WayKentKirklandRedmondRenton

Nearby zip codes

98040

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Value estimates

Live

Est. value$5,040,700

Est. rent$6,567/mo

30yr rate est.6.08%

Affordability$30,577/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-09 15:43:52 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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