Sold566d on market
8002 Avalon Place
Mercer Island, WA, 98040 • 98040 • King County
$8,125,000
$1418/sqft
5Beds
5Baths
5,730Sqft
0.3 acLot
1990Built
Property DNA
Waterfront Property
Bulkhead, Lake, No Bank
Scenic Views
Lake · Territorial
Mercer Island
98040
Outdoor Living
Bath Off Primary · Built-In Vacuum · Ceramic Tile · Double Pane/Storm Window · Fireplace · Fireplace (Primary Bedroom) · French Doors · Hardwood · High Tech Cabling · Hot Tub/Spa · Jetted Tub · Sauna · Security System · Skylight(s) · Sprinkler System · Vaulted Ceiling(s) · Walk-In Closet(s) · Wall to Wall Carpet · Water Heater · Wet Bar · Wine Cellar · Wired for Generator
4 Fireplaces
Gas · Lower Level: 1 · Main Level: 2 · Upper Level: 1 · Fireplace
3-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
47 views
People checking out this listing
1 saves
Buyers have saved this home
566 days on market
Established listing
$1,418/sqft
Price per square foot
About this home
Single Family · Built 1990
Embrace the epitome of waterfront luxury living with this unparalleled estate nestled along the serene shores of Mercer Island's prestigious south end. Wake up to dramatic views of Mt. Rainier sparkling over the tranquil waters of Lake Washington. Spanning a meticulously landscaped 12,910-square-foot lot, this architectural marvel boasts 85 ft of pristine waterfront, complete w/deep water moorage, boat and jet ski lifts and an oversized shared dock (with just one other home), offering direct access to the excitement of the lake. Expansive decks, gourmet kitchen, BBQ & pizza oven are built for entertaining and sunken spa and cedar sauna for relaxing. Stone, metal and wood come together in an unmatched level of refinement and sophistication.
Estimated monthly payment
Based on current rates
$50,593/month
Principal & Interest$39,760
Property Tax$8,125
Insurance$2,708
Down payment20% ($1,625,000)
3%50%
Est. 6.19% rate · 30yr fixed · $6,500,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1990
HeatingFireplace, Forced Air, High Efficiency (Unspecified), Radiant, Electric, Natural Gas
Parking3 Attached Garage spaces
Lot0.30 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1990
Stories2
Systems
HeatingFireplace, Forced Air, High Efficiency (Unspecified), Radiant, Electric, Natural Gas
RoofMetal
ConstructionMetal/Vinyl, Stone, Wood Products
Water / SewerCommunity, Company: Mercer Island / Sewer Connected, Company: Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage3 spaces
BasementFinished
Fireplaces4
Lot0.30 Acres
Location & Tax
Neighborhood98040
Annual tax$40,850
Parcel3124059070
Bathrooms & Fees
Full baths3
Features & details
15 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
High Tech Cabling
Sauna
Appliances
Dishwasher(s)
Double Oven
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Tank
Water Heater Location: Lower level near bonus room
Flooring
Ceramic Tile
Hardwood
Carpet
Heating
Fireplace
Forced Air
High Efficiency (Unspecified)
Radiant
Electric
Natural Gas
Fireplace
Gas
Lower Level: 1
Main Level: 2
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Metal/Vinyl
Stone
Wood Products
Patio & Porch
Bath Off Primary
Built-In Vacuum
Ceramic Tile
Double Pane/Storm Window
Fireplace
Fireplace (Primary Bedroom)
French Doors
Hardwood
High Tech Cabling
Hot Tub/Spa
Jetted Tub
Sauna
Security System
Skylight(s)
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Wall to Wall Carpet
Water Heater
Wet Bar
Wine Cellar
Wired for Generator
Lot Features
Dead End Street
Paved
Cable TV
Deck
Dock
Gas Available
High Speed Internet
Hot Tub/Spa
Patio
Sprinkler System
Community
CCRs
Security
Security System
Views
Lake
Territorial
Utilities
Xfinity
Xfinity
Other Equipment
Wired for Generator
Room details
20 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
LowerBedroom
LowerBedroom
LowerBathroom Full
SecondListing insights
Market data and value estimates
StatusSold
Days on market566
Est. value$7,981,600
Est. rent$22,731/mo
Tax rate0.82%
Price/sqft$1418
On marketJun 16, 2024
PostedMay 22, 2024
Last sold$8,125,000
MLS statusSold
MLS updatedSep 17, 2024
Tour days6
Views47
Favorites1
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
6 events
DateEventPrice$/sqftSource
Sep 17, 2024Sold$8,125,000$1,418NWMLS as distributed by MLS GRID
Aug 23, 2024Pending Sale$8,250,000$1,440NWMLS as distributed by MLS GRID
Aug 12, 2024Price Change$8,250,000$1,440NWMLS as distributed by MLS GRID
May 22, 2024Listed For Sale$8,500,000$1,483NWMLS as distributed by MLS GRID
Dec 9, 2004Sold$2,500,000$436NWMLS as distributed by MLS GRID
Jan 30, 2004Sold$699,953$122Public Record
Sold$8,125,000
Sep 17, 2024•$1,418/sqft•NWMLS as distributed by MLS GRID
Pending Sale$8,250,000
Aug 23, 2024•$1,440/sqft•NWMLS as distributed by MLS GRID
Price Change$8,250,000
Aug 12, 2024•$1,440/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$8,500,000
May 22, 2024•$1,483/sqft•NWMLS as distributed by MLS GRID
Sold$2,500,000
Dec 9, 2004•$436/sqft•NWMLS as distributed by MLS GRID
Sold$699,953
Jan 30, 2004•$122/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$41,376$6,320,000
Apr 7, 2023$40,850$5,935,000
Apr 7, 2022$40,703$6,638,000
Apr 7, 2021$35,597$4,835,000
Apr 7, 2020$34,163$4,269,000
Apr 7, 2019$39,066$4,947,000
Apr 7, 2018$38,170$5,081,000
Apr 7, 2017$42,535$4,904,000
Apr 7, 2016$32,189$4,414,000
Apr 7, 2015$32,189$3,998,000
Apr 7, 2014$32,189$3,681,000
Apr 7, 2013$32,189$3,102,000
Apr 7, 2012—$2,860,000
Apr 7, 2011—$3,004,000
Apr 7, 2010—$3,238,000
Apr 7, 2009—$3,238,000
Apr 7, 2007—$2,819,000
Apr 7, 2006—$2,559,000
Apr 7, 2005—$2,330,000
Apr 7, 2001$17,382$1,819,000
Apr 7, 2000$16,005$1,517,000
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 09:58:37 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)
No obligation · Same-day response