Sold318d on market
7245 E Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$2,100,000
$827/sqft
4Beds
3Baths
2,540Sqft
0.28 acLot
1978Built
Property DNA
Waterfront Property
Direct water access
Lake Views
Lake
Mercer Island
98040
Outdoor Living
Bath Off Primary · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · High Tech Cabling · Security System · Skylight(s) · Water Heater
2 Fireplaces
Gas · Lower Level: 1 · Main Level: 1 · Fireplace
2-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 318 days ago · 16 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
318 days on market
Established listing
$827/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% 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 1978
Stunningly remodeled with sweeping lake and mountain views, this sun-drenched home impresses at every turn. Thoughtfully and thoroughly updated over the last five years, the home blends custom design with everyday comfort. The soaring ceilings and unique layout live large and create an open inviting feel. Skylights and expansive windows—including a stunning wall of floor-to-ceiling glass—flood the home with natural light and perfectly showcase the panoramic views. Enjoy the spacious rec room, wrap-around deck, and the luxurious primary suite with walk-in closet, remodeled bath, and private deck. Walking distance to Clarke Beach, Pioneer Park trails, and shops. Top-rated schools. Pre-inspected and move-in ready.
Standout features identified
Our analysis highlights natural light, panoramic views, and spacious rec room as key attractions of this home.
Estimated monthly payment
Based on current rates
$13,076/month
Principal & Interest$10,276
Property Tax$2,100
Insurance$700
Down payment20% ($420,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,680,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1978
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
CoolingDuctless, Forced Air, Heat Pump
Parking2 Attached Garage spaces
Lot0.28 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionVery Good
Year built1978
Systems
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
CoolingDuctless, Forced Air, Heat Pump
RoofMetal
ConstructionCement/Concrete, Wood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
BasementDaylight,Finished
Fireplaces2
Lot0.28 Acres
Location & Tax
Neighborhood98040
ZoningR9.6
Annual tax$10,849
Parcel2579500145
Bathrooms & Fees
Full baths1
Features & details
16 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
High Tech Cabling
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Microwave(s)
Refrigerator(s)
See Remarks
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Gas
Water Heater Location: Mechanical Room
Flooring
Ceramic Tile
Hardwood
Vinyl
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Electric
Natural Gas
Cooling
Ductless
Forced Air
Heat Pump
Fireplace
Gas
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Cement/Concrete
Wood Siding
Patio & Porch
Bath Off Primary
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
High Tech Cabling
Security System
Skylight(s)
Water Heater
Lot Features
Paved
Cable TV
Deck
Electric Car Charging
Fenced-Fully
Gas Available
High Speed Internet
Patio
Community
Park
Trail(s)
Security
Security System
Views
Lake
Utilities
Xfinity
Xfinity
Other Equipment
Leased Equipment: None
Room details
14 rooms detailed
Master Bedroom
Bedroom
Bedroom
Bedroom
LowerBathroom Full
Bathroom Three Quarter
Listing insights
Market data and value estimates
StatusSold
Days on market318
Est. value$2,088,700
Est. rent$5,532/mo
Tax rate0.82%
Price/sqft$827
On marketJun 11, 2025
PostedApr 23, 2025
Last sold$2,100,000
MLS statusSold
MLS updatedJun 23, 2025
Tour days6
Views16
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
10 events
DateEventPrice$/sqftSource
May 23, 2025Sold$2,100,000$827NWMLS as distributed by MLS GRID
May 5, 2025Pending Sale$2,150,000$846NWMLS as distributed by MLS GRID
Apr 23, 2025Listed For Sale$2,150,000$846NWMLS as distributed by MLS GRID
Apr 2, 2020Sold$1,285,000$506NWMLS as distributed by MLS GRID
Mar 1, 2020Pending Sale$1,295,000$510Executive Real Estate, Inc.
Feb 14, 2020Listed For Sale$1,295,000$510Executive Real Estate, Inc.
Oct 30, 2019Listing Removed$1,399,900$551Executive Real Estate, Inc.
Aug 23, 2019Price Change$1,399,900$551Executive Real Estate, Inc.
Jul 31, 2019Listed For Sale$1,472,000$580Executive Real Estate, Inc.
Nov 1, 1999Sold$527,000$207Public Record
Sold$2,100,000
May 23, 2025•$827/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,150,000
May 5, 2025•$846/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,150,000
Apr 23, 2025•$846/sqft•NWMLS as distributed by MLS GRID
Sold$1,285,000
Apr 2, 2020•$506/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,295,000
Mar 1, 2020•$510/sqft•Executive Real Estate, Inc.
Listed For Sale$1,295,000
Feb 14, 2020•$510/sqft•Executive Real Estate, Inc.
Listing Removed$1,399,900
Oct 30, 2019•$551/sqft•Executive Real Estate, Inc.
Price Change$1,399,900
Aug 23, 2019•$551/sqft•Executive Real Estate, Inc.
Listed For Sale$1,472,000
Jul 31, 2019•$580/sqft•Executive Real Estate, Inc.
Sold$527,000
Nov 1, 1999•$207/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$10,849$1,655,000
Apr 7, 2023$10,917$1,584,000
Apr 7, 2022$10,879$1,772,000
Apr 7, 2021$9,768$1,325,000
Apr 7, 2020$9,600$1,198,000
Apr 7, 2019$11,210$1,418,000
Apr 7, 2018$10,438$1,388,000
Apr 7, 2017$10,877$1,253,000
Apr 7, 2016$8,238$1,128,000
Apr 7, 2015$8,238$1,022,000
Apr 7, 2014$8,238$941,000
Apr 7, 2013$8,238$717,000
Apr 7, 2012—$661,000
Apr 7, 2011—$653,000
Apr 7, 2010—$704,000
Apr 7, 2009—$704,000
Apr 7, 2007—$738,000
Apr 7, 2006—$685,000
Apr 7, 2005—$624,000
Apr 7, 2001$5,852$612,000
Apr 7, 2000$5,859$555,000
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 15:58:53 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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