Sold538d on market
4022 E Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$5,874,500
$1049/sqft
5Beds
5Baths
5,600Sqft
0.31 acLot
1956Built
Property DNA
Waterfront Property
Bulkhead, Lake, No Bank
Scenic Views
Lake · See Remarks
North End
98040
Outdoor Living
Bath Off Primary · Built-In Vacuum · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · High Tech Cabling · Jetted Tub · Security System · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Wall to Wall Carpet · Water Heater
1 Fireplace
Gas · Main Level: 1 · Fireplace
3-Car Garage
Driveway · Attached Garage
Ceramic Tile & Engineered Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
17 views
People checking out this listing
538 days on market
Established listing
$1,049/sqft
Price per square foot
About this home
Single Family · Built 1956
Distinctive waterfront retreat offering extended days of entertainment & luxurious living. Enjoy all the views...Lake Washington, Mt. Rainier & twinkle lights at night. This amazing home underwent a thoughtful & substantial remodel in 2017, creating open spaces, Nana wall for seamless indoor/outdoor living, & exquisite finishes. The epicurean kitchen features custom cabinetry, 2 sinks/2 dishwashers/2 wine refrigerators/2 wine towers & walk-in pantry. Creative built-ins are found in both main floor offices & thruout the home. Owner suite is a sanctuary with a Juliette deck, spa-style bath & spacious walk-in closet incl W/D. Manicured yard draws you to no-bank water's edge with private dock for boat & other watercraft. Sonos system/EV outlet.
Standout features identified
Our analysis highlights manicured yard, epicurean kitchen, and owner suite as key attractions of this home.
Estimated monthly payment
Based on current rates
$36,580/month
Principal & Interest$28,747
Property Tax$5,875
Insurance$1,958
Down payment20% ($1,174,900)
3%50%
Est. 6.19% rate · 30yr fixed · $4,699,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1956
HeatingFireplace, Forced Air, Other – See Remarks, Radiant, Tankless Water Heater, Natural Gas
CoolingHeat Pump
Parking3 Attached Garage spaces
Lot0.31 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionVery Good
Year built1956
Stories2
Systems
HeatingFireplace, Forced Air, Other – See Remarks, Radiant, Tankless Water Heater, Natural Gas
CoolingHeat Pump
RoofComposition
ConstructionStucco, Wood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingDriveway, Attached Garage
Garage3 spaces
BasementFinished
Fireplaces1
Lot0.31 Acres
Location & Tax
Neighborhood98040
Annual tax$25,378
Parcel4131900017
Bathrooms & Fees
Full baths4
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Appliances
Dishwasher(s)
Double Oven
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
See Remarks
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Tankless
Water Heater Location: Lower Level
Flooring
Ceramic Tile
Engineered Hardwood
Carpet
Heating
Fireplace
Forced Air
Other – See Remarks
Radiant
Tankless Water Heater
Natural Gas
Cooling
Heat Pump
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
Construction
Stucco
Wood Siding
Patio & Porch
Bath Off Primary
Built-In Vacuum
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
High Tech Cabling
Jetted Tub
Security System
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Wall to Wall Carpet
Water Heater
Lot Features
Dead End Street
Paved
Cable TV
Deck
Dock
Fenced-Fully
High Speed Internet
Patio
Sprinkler System
Security
Security System
Views
Lake
See Remarks
Utilities
Centurylink
Centurylink
Room details
20 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBathroom Full
SecondListing insights
Market data and value estimates
StatusSold
Days on market538
Est. value$5,771,900
Est. rent$8,138/mo
Tax rate0.82%
Price/sqft$1049
On marketAug 13, 2024
PostedAug 1, 2024
Last sold$5,874,500
MLS statusSold
MLS updatedOct 15, 2024
Tour days6
Views17
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
13 events
DateEventPrice$/sqftSource
Oct 15, 2024Sold$5,874,500$1,049NWMLS as distributed by MLS GRID
Oct 3, 2024Pending Sale$5,995,000$1,071NWMLS as distributed by MLS GRID
Aug 1, 2024Listed For Sale$5,995,000$1,071NWMLS as distributed by MLS GRID
Feb 11, 2016Sold$3,025,000$540NWMLS as distributed by MLS GRID
Dec 29, 2015Pending Sale$3,200,000$571Keller Williams - Greater Seattle
Dec 2, 2015Listed For Sale$3,200,000$571Keller Williams Greater Sea
Sep 29, 2015Sold$2,900,000$518NWMLS as distributed by MLS GRID
Aug 25, 2015Price Change$2,900,000$518Coldwell Banker Danforth
Aug 20, 2015Price Change$10,000,000$1,786Owner
Jul 24, 2015Price Change$3,175,000$567Owner
Jul 7, 2015Price Change$3,495,000$624Owner
Jun 10, 2015Listed For Sale$3,695,000$660Owner
Jan 30, 1996Sold$1,035,000$185Public Record
Sold$5,874,500
Oct 15, 2024•$1,049/sqft•NWMLS as distributed by MLS GRID
Pending Sale$5,995,000
Oct 3, 2024•$1,071/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$5,995,000
Aug 1, 2024•$1,071/sqft•NWMLS as distributed by MLS GRID
Sold$3,025,000
Feb 11, 2016•$540/sqft•NWMLS as distributed by MLS GRID
Pending Sale$3,200,000
Dec 29, 2015•$571/sqft•Keller Williams - Greater Seattle
Listed For Sale$3,200,000
Dec 2, 2015•$571/sqft•Keller Williams Greater Sea
Sold$2,900,000
Sep 29, 2015•$518/sqft•NWMLS as distributed by MLS GRID
Price Change$2,900,000
Aug 25, 2015•$518/sqft•Coldwell Banker Danforth
Price Change$10,000,000
Aug 20, 2015•$1,786/sqft•Owner
Price Change$3,175,000
Jul 24, 2015•$567/sqft•Owner
Price Change$3,495,000
Jul 7, 2015•$624/sqft•Owner
Listed For Sale$3,695,000
Jun 10, 2015•$660/sqft•Owner
Sold$1,035,000
Jan 30, 1996•$185/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$25,220$3,851,000
Apr 7, 2023$25,378$3,686,000
Apr 7, 2022$25,283$4,122,000
Apr 7, 2021$22,690$3,081,000
Apr 7, 2020$22,741$2,841,000
Apr 7, 2019$24,755$3,134,000
Apr 7, 2018$24,188$3,219,000
Apr 7, 2017$26,953$3,107,000
Apr 7, 2016$17,923$2,468,000
Apr 7, 2015$17,923$2,235,000
Apr 7, 2014$17,923$2,049,000
Apr 7, 2013$17,923$1,731,000
Apr 7, 2012—$1,596,000
Apr 7, 2011—$1,676,000
Apr 7, 2010—$1,808,000
Apr 7, 2009—$1,808,000
Apr 7, 2007—$1,942,000
Apr 7, 2006—$1,763,000
Apr 7, 2005—$1,605,000
Apr 7, 2001$12,415$1,299,000
Apr 7, 2000$11,428$1,083,000
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 2026-04-07 11:38:45 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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