For Sale6d on market
7374 SE 71st Street
Mercer Island, WA, 98040 • 98040 • King County
$16,500,000
$2535/sqft
Down payment assistance available
5Beds
6Baths
6,510Sqft
0.45 acLot
1972Built
Property DNA
Waterfront Property
Low Bank, Bulkhead, Lake
Scenic Views
Lake · Territorial
2 Stories w/Bsmnt Style
Built 1972 · 54 years of history
Westside
98040
Outdoor Living
Bath Off Primary · Built-In Vacuum · Dbl Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · High Tech Cabling · Pantry · Security System · Skylight(s) · SMART Wired · Sprinkler System · Walk-In Closet(s) · Water Heater · Wet Bar · Wine Cellar · Wine/Beverage Refrigerator · Wired for Generator
4 Fireplaces
Gas · Main Level: 3 · Upper Level: 1 · Fireplace
Garage
Driveway · Attached Garage
Ceramic Tile & Hardwood & Stone Floors
Quality flooring throughout
This home is getting attention
Listed 6 days ago · 2,773 views · 139 saves
Market activity
Demand and pricing signals for this listing
2,773 views
People checking out this listing
139 saves
Buyers have saved this home
6 days on market
Just listed — act fast
$2,535/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 40% 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 1972
This Northwest Contemporary on 118 feet of west-facing lakefront was thoughtfully and meticulously renovated to capture the beauty of the mid-century architecture and its surroundings—where landscape, light and craftsmanship blend seamlessly. The carefully curated 2017 & 2021 renovations were a collaboration of the owners, Stuart Silk, Studio AM Architecture-Interiors, ESMB Inc., and Sander Groves Landscape. Natural materials define the architectural palette, creating a warm, inviting atmosphere. Expansive glass exposure and frameless corner windows allow sweeping views of the ever-changing lake vistas and a close connection to the natural scape. An open floor plan is ideal for effortless entertaining and everyday living, while carefully considered interiors provide quiet spots for reflection. The 19,546 square foot lot is private, peaceful and lush, and a private dock with two lifts allow you to take advantage of everything you love about lake life. This is the Island lake house you’ve been waiting for...100% move-in ready.
Standout features identified
Our analysis highlights warm inviting atmosphere, thoughtfully and meticulously renovated, and frameless corner windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$102,743/month
Principal & Interest$80,743
Property Tax$16,500
Insurance$5,500
Down payment20% ($3,300,000)
3%50%
Est. 6.19% rate · 30yr fixed · $13,200,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1972
HeatingFireplace, Forced Air, Heat Pump, Radiant, Electric, Natural Gas
Parking3 Attached Garage spaces
Lot0.45 Acres
Days on Zillow6 Days
Price/sqft$2,535
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style2 Stories w/Bsmnt
ConditionVery Good
Year built1972
Stories2
Systems
HeatingFireplace, Forced Air, Heat Pump, Radiant, Electric, Natural Gas
RoofFlat
ConstructionCement Planked, See Remarks, Stucco, Wood Siding, Cement Plank
Water / SewerLake, Public, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingDriveway, Attached Garage
BasementFinished
Fireplaces4
Lot0.45 Acres
Location & Tax
Neighborhood98040
Annual tax$86,284
Parcel5368000270
Bathrooms & Fees
Full baths2
Features & details
15 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Pantry
Appliances
Dishwasher
Disposal
Double Oven
Dryer
Microwave
Refrigerator
See Remarks
Stove(s)/Range(s)
Washer
Dishwasher(s)
Dryer(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Washer(s)
Water Heater: Gas
Water Heater Location: Mechanical Room
Flooring
Ceramic Tile
Concrete
Hardwood
See Remarks
Stone
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Radiant
Electric
Natural Gas
Fireplace
Gas
Main Level: 3
Upper Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
Construction
Cement Planked
See Remarks
Stucco
Wood Siding
Cement Plank
Patio & Porch
Bath Off Primary
Built-In Vacuum
Dbl Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
High Tech Cabling
Pantry
Security System
Skylight(s)
SMART Wired
Sprinkler System
Walk-In Closet(s)
Water Heater
Wet Bar
Wine Cellar
Wine/Beverage Refrigerator
Wired for Generator
Lot Features
Paved
Cable TV
Deck
Dock
Fenced-Partially
Gas Available
High Speed Internet
Irrigation
Moorage
Patio
Sprinkler System
Community
CCRs
Security
Security System
Views
Lake
Territorial
Utilities
Xfinity
Xfinity
Other Equipment
Wired for Generator
Room details
21 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBathroom Full
SecondListing insights
Market data and value estimates
StatusFor Sale
Days on market6
Est. value$16,236,700
Est. rent$8,348/mo
Tax rate0.82%
Price/sqft$2535
On marketMar 30, 2026
PostedMar 31, 2026
Last sold$5,500,000
MLS statusActive
MLS updatedApr 2, 2026
Tour days9
Views2,773
Favorites139
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
7 events
DateEventPrice$/sqftSource
Mar 31, 2026Listed For Sale$16,500,000$2,535NWMLS as distributed by MLS GRID
Oct 23, 2015Sold$5,500,000$845NWMLS as distributed by MLS GRID
Sep 12, 2015Pending Sale$5,688,000$874Coldwell Banker BAIN
Sep 3, 2015Listed For Sale$5,688,000$874Coldwell Banker BAIN
Sep 6, 2013Sold$4,900,000$753NWMLS as distributed by MLS GRID
Aug 4, 2013Pending Sale$5,188,800$797Coldwell Banker Bain
Jul 9, 2013Listed For Sale$5,188,800$797Coldwell Banker Bain
Listed For Sale$16,500,000
Mar 31, 2026•$2,535/sqft•NWMLS as distributed by MLS GRID
Sold$5,500,000
Oct 23, 2015•$845/sqft•NWMLS as distributed by MLS GRID
Pending Sale$5,688,000
Sep 12, 2015•$874/sqft•Coldwell Banker BAIN
Listed For Sale$5,688,000
Sep 3, 2015•$874/sqft•Coldwell Banker BAIN
Sold$4,900,000
Sep 6, 2013•$753/sqft•NWMLS as distributed by MLS GRID
Pending Sale$5,188,800
Aug 4, 2013•$797/sqft•Coldwell Banker Bain
Listed For Sale$5,188,800
Jul 9, 2013•$797/sqft•Coldwell Banker Bain
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$78,434$11,983,000
Apr 7, 2023$77,437$11,253,000
Apr 7, 2022$77,146$12,584,000
Apr 7, 2021$67,467$9,166,000
Apr 7, 2020$64,750$8,093,000
Apr 7, 2019$63,662$8,063,000
Apr 7, 2018$59,280$7,892,000
Apr 7, 2017$66,059$7,617,000
Apr 7, 2016$41,743$5,726,000
Apr 7, 2015$41,743$5,186,000
Apr 7, 2014$41,743$4,774,000
Apr 7, 2013$41,743$4,886,000
Apr 7, 2012—$5,010,000
Apr 7, 2011—$5,261,000
Apr 7, 2010—$5,671,000
Apr 7, 2009—$5,671,000
Apr 7, 2007—$4,001,000
Apr 7, 2006—$3,632,000
Apr 7, 2005—$3,307,000
Apr 7, 2001$28,291$2,961,000
Apr 7, 2000$22,001$2,085,500
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 08:58:21 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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