Sold488d on market
7260 N Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$13,500,000
$2200/sqft
6Beds
9Baths
6,135Sqft
0.28 acLot
2023Built
Property DNA
Waterfront Property
Bank-Low, Bulkhead, Lake
Scenic Views
City · Lake
Northwest Contemporary Style
Built 2023 · 3 years of history
North End
98040
Outdoor Living
Second Kitchen · Bath Off Primary · Built-In Vacuum · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · High Tech Cabling · Security System · Skylight(s) · Sprinkler System · Vaulted Ceiling(s) · Walk-In Closet(s) · Water Heater · Wine Cellar · Wired for Generator
3 Fireplaces
Gas · Main Level: 2 · Upper Level: 1 · Fireplace
3-Car Garage
Attached Garage
Ceramic Tile & Engineered Hardwood & Stone Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
41 views
People checking out this listing
1 saves
Buyers have saved this home
488 days on market
Established listing
$2,200/sqft
Price per square foot
About this home
Single Family · Built 2023
A spotless and stunning new-construction home, sited on sparkling north end waterfront, with captivating lake and city views. Live exceptionally in this perfectly crafted masterpiece, featuring great room with 20-ft ceilings and dramatic views, two designer kitchens, ensuite bedrooms, and the finest fixtures and finishes. High tech and high concept; wired for servers, generator, speakers and blinds. High tech security system. Garage has heated floors and EV charging. Multiple decks and patios present spot-on views of Bellevue's gleaming skyline and fireworks from summer celebrations. Watch boat traffic from the shelter of Riley Cove and then join it on your own craft, setting sail from one of four slips from your 70-ft dock.
Standout features identified
Our analysis highlights finest fixtures and finishes, sparkling north end waterfront, and multiple decks and patios as key attractions of this home.
Estimated monthly payment
Based on current rates
$84,063/month
Principal & Interest$66,063
Property Tax$13,500
Insurance$4,500
Down payment20% ($2,700,000)
3%50%
Est. 6.19% rate · 30yr fixed · $10,800,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2023
HeatingFireplace, Forced Air, Radiant, Electric, Natural Gas
Parking3 Attached Garage spaces
Lot0.28 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleNorthwest Contemporary
ConditionVery Good
Year built2023
Stories2
Systems
HeatingFireplace, Forced Air, Radiant, Electric, Natural Gas
RoofComposition
ConstructionStone, Wood Products
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
Garage3 spaces
BasementDaylight,Finished
Fireplaces3
Lot0.28 Acres
Location & Tax
Neighborhood98040
Annual tax$73,389
Parcel5315100055
Bathrooms & Fees
Full baths2
Features & details
13 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)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Tankless
Water Heater Location: Mechanical Room
Flooring
Ceramic Tile
Engineered Hardwood
Stone
Heating
Fireplace
Forced Air
Radiant
Electric
Natural Gas
Fireplace
Gas
Main Level: 2
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
Construction
Stone
Wood Products
Patio & Porch
Second Kitchen
Bath Off Primary
Built-In Vacuum
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
High Tech Cabling
Security System
Skylight(s)
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater
Wine Cellar
Wired for Generator
Lot Features
Cable TV
Deck
Dock
Electric Car Charging
Gas Available
High Speed Internet
Moorage
Patio
Sprinkler System
Security
Security System
Views
City
Lake
Other Equipment
Wired for Generator
Room details
25 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBedroom
LowerListing insights
Market data and value estimates
StatusSold
Days on market488
Est. value$13,327,400
Est. rent$6,252/mo
Tax rate0.82%
Price/sqft$2200
On marketNov 3, 2023
PostedMay 11, 2024
Last sold$13,500,000
MLS statusSold
MLS updatedJan 4, 2025
Tour days6
Views41
Favorites1
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
9 events
DateEventPrice$/sqftSource
Dec 4, 2024Sold$13,500,000$2,200NWMLS as distributed by MLS GRID
Nov 1, 2024Pending Sale$13,500,000$2,200NWMLS as distributed by MLS GRID
Oct 24, 2024Contingent$13,500,000$2,200NWMLS as distributed by MLS GRID
May 11, 2024Listed For Sale$13,500,000$2,200NWMLS as distributed by MLS GRID
Feb 10, 2011Sold$3,150,000$513Public Record
Oct 23, 2010Listing Removed$3,899,950$636Windermere Real Estate/East, Inc.
Apr 24, 2010Price Change$3,899,950$636Windermere Real Estate/East, Inc.
Mar 13, 2009Listed For Sale$4,599,950$750Windermere Real Estate/East, Inc.
Mar 31, 2008Sold$4,150,000$676NWMLS as distributed by MLS GRID
Sold$13,500,000
Dec 4, 2024•$2,200/sqft•NWMLS as distributed by MLS GRID
Pending Sale$13,500,000
Nov 1, 2024•$2,200/sqft•NWMLS as distributed by MLS GRID
Contingent$13,500,000
Oct 24, 2024•$2,200/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$13,500,000
May 11, 2024•$2,200/sqft•NWMLS as distributed by MLS GRID
Sold$3,150,000
Feb 10, 2011•$513/sqft•Public Record
Listing Removed$3,899,950
Oct 23, 2010•$636/sqft•Windermere Real Estate/East, Inc.
Price Change$3,899,950
Apr 24, 2010•$636/sqft•Windermere Real Estate/East, Inc.
Listed For Sale$4,599,950
Mar 13, 2009•$750/sqft•Windermere Real Estate/East, Inc.
Sold$4,150,000
Mar 31, 2008•$676/sqft•NWMLS as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$77,374$11,821,000
Apr 7, 2023$76,391$11,101,000
Apr 7, 2022$73,389$11,971,000
Apr 7, 2021$57,724$7,842,000
Apr 7, 2020$52,312$6,538,000
Apr 7, 2019$28,718$3,636,000
Apr 7, 2018$26,869$3,576,000
Apr 7, 2017$29,832$3,439,000
Apr 7, 2016$23,046$3,147,000
Apr 7, 2015$23,046$2,851,000
Apr 7, 2014$23,046$2,635,000
Apr 7, 2013$23,046$2,689,000
Apr 7, 2012—$2,479,000
Apr 7, 2011—$2,607,000
Apr 7, 2009—$3,455,000
Apr 7, 2007—$3,279,000
Apr 7, 2006—$2,742,000
Apr 7, 2005—$2,517,000
Apr 7, 2000$15,773$1,495,000
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 05:48:26 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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