For Sale33d on market
7703 W Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$6,500,000
$1490/sqft
Down payment assistance available
4Beds
4Baths
4,361Sqft
0.43 acLot
1986Built
Property DNA
Waterfront Property
Medium Bank, Bulkhead, Lake
Lake Views
Lake
Modern,2 Stories w/Bsmnt Style
Built 1986 · 40 years of history
West Mercer
98040
Outdoor Living
Bath Off Primary · Built-In Vacuum · Dbl Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · High Tech Cabling · Jetted Tub · Vaulted Ceilings · Walk-In Closet(s) · Water Heater
4 Fireplaces
Gas · Wood Burning · Lower Level: 2 · Main Level: 2 · Fireplace
Garage
Attached Garage
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 33 days ago · 2,525 views · 87 saves
Market activity
Demand and pricing signals for this listing
2,525 views
People checking out this listing
87 saves
Buyers have saved this home
33 days on market
Established listing
$1,490/sqft
Price per square foot
About this home
Single Family · Built 1986
Olson Kundig design set upon the shores of Lake Washington. Light finds you in every space & the views are inescapable in your modern jewel-box home of glass, steel, wood & concrete, artfully reimagined by world renowned architect, Jim Olson, in 2008. Mt Rainier & the Olympics are your backdrop for all-day sun along 65' of coveted West-facing Mercer Island waterfront with new dock in 2017 & boat lift. Enter near waters edge to vaulted gathering spaces with seamless indoor/outdoor flow for social nights by the lake, quiet & intimate zones for retreat & relaxation, primary suite & two additional bedrooms share their own floor centered around a communal family room hub, & lakeside-level entertaining room with additional bedroom, office & 3/4 bathroom.
Standout features identified
Our analysis highlights boat lift, primary suite, and lakeside-level entertaining room as key attractions of this home.
Estimated monthly payment
Based on current rates
$40,475/month
Principal & Interest$31,808
Property Tax$6,500
Insurance$2,167
Down payment20% ($1,300,000)
3%50%
Est. 6.19% rate · 30yr fixed · $5,200,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1986
HeatingFireplace, Ductless, Forced Air, Heat Pump, Natural Gas
CoolingDuctless, Forced Air, Heat Pump
Parking2 Attached Garage spaces
Lot0.43 Acres
Days on Zillow33 Days
Price/sqft$1,490
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleModern,2 Stories w/Bsmnt
Year built1986
Stories2
Systems
HeatingFireplace, Ductless, Forced Air, Heat Pump, Natural Gas
CoolingDuctless, Forced Air, Heat Pump
RoofMetal
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingAttached Garage
BasementFinished
Fireplaces4
Lot0.43 Acres
Location & Tax
Neighborhood98040
ZoningR15
Annual tax$29,802
Parcel5451300038
Bathrooms & Fees
Full baths2
Features & details
12 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Tankless Water Heater
Washer(s)
Garbage Disposal
Water Heater: Tankless/Gas
Water Heater Location: Lower Level/Garage
Flooring
Hardwood
Slate
Carpet
Heating
Fireplace
Ductless
Forced Air
Heat Pump
Natural Gas
Cooling
Ductless
Forced Air
Heat Pump
Fireplace
Gas
Wood Burning
Lower Level: 2
Main Level: 2
Fireplace
Windows
Dbl Pane/Storm Window
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Bath Off Primary
Built-In Vacuum
Dbl Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
High Tech Cabling
Jetted Tub
Vaulted Ceilings
Walk-In Closet(s)
Water Heater
Lot Features
Dead End Street
Paved
Cable TV
Deck
Dock
Gas Available
High Speed Internet
Moorage
Patio
Views
Lake
Room details
17 rooms detailed
Master Bedroom
LowerBedroom
LowerBedroom
LowerBedroom
LowerBathroom Full
LowerBathroom Full
LowerListing insights
Market data and value estimates
StatusFor Sale
Days on market33
Est. value$6,140,500
Est. rent$7,674/mo
Tax rate0.82%
Price/sqft$1490
On marketMar 2, 2026
PostedMar 4, 2026
Last sold$4,600,000
MLS statusActive
MLS updatedMar 5, 2026
Tour days9
Views2,525
Favorites87
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
14 events
DateEventPrice$/sqftSource
Mar 4, 2026Listed For Sale$6,500,000$1,490NWMLS as distributed by MLS GRID
Nov 1, 2025Listing Removed$6,500,000$1,490John L Scott Real Estate
Aug 16, 2025Price Change$6,500,000$1,490John L Scott Real Estate
May 20, 2025Listed For Sale$6,998,000$1,605John L Scott Real Estate
May 20, 2025Listing Removed$7,250,000$1,662John L Scott Real Estate
Apr 10, 2025Listed For Sale$7,250,000$1,662John L Scott Real Estate
Apr 10, 2025Listing Removed$7,500,000$1,720John L Scott Real Estate
Jan 8, 2025Listed For Sale$7,500,000$1,720John L Scott Real Estate
Sep 23, 2024Listing Removed$7,500,000$1,720John L Scott Real Estate
Sep 11, 2024Listed For Sale$7,500,000$1,720John L Scott Real Estate
Aug 19, 2021Sold$4,600,000$1,055NWMLS as distributed by MLS GRID
Aug 12, 2021Pending Sale$5,998,000$1,375NWMLS as distributed by MLS GRID
Aug 12, 2021Listed For Sale$5,998,000$1,375NWMLS as distributed by MLS GRID
Sep 15, 2006Sold$1,698,000$389NWMLS as distributed by MLS GRID
Listed For Sale$6,500,000
Mar 4, 2026•$1,490/sqft•NWMLS as distributed by MLS GRID
Listing Removed$6,500,000
Nov 1, 2025•$1,490/sqft•John L Scott Real Estate
Price Change$6,500,000
Aug 16, 2025•$1,490/sqft•John L Scott Real Estate
Listed For Sale$6,998,000
May 20, 2025•$1,605/sqft•John L Scott Real Estate
Listing Removed$7,250,000
May 20, 2025•$1,662/sqft•John L Scott Real Estate
Listed For Sale$7,250,000
Apr 10, 2025•$1,662/sqft•John L Scott Real Estate
Listing Removed$7,500,000
Apr 10, 2025•$1,720/sqft•John L Scott Real Estate
Listed For Sale$7,500,000
Jan 8, 2025•$1,720/sqft•John L Scott Real Estate
Listing Removed$7,500,000
Sep 23, 2024•$1,720/sqft•John L Scott Real Estate
Listed For Sale$7,500,000
Sep 11, 2024•$1,720/sqft•John L Scott Real Estate
Sold$4,600,000
Aug 19, 2021•$1,055/sqft•NWMLS as distributed by MLS GRID
Pending Sale$5,998,000
Aug 12, 2021•$1,375/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$5,998,000
Aug 12, 2021•$1,375/sqft•NWMLS as distributed by MLS GRID
Sold$1,698,000
Sep 15, 2006•$389/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$30,180$4,609,000
Apr 7, 2023$29,802$4,329,000
Apr 7, 2022$29,696$4,842,000
Apr 7, 2021$25,972$3,527,000
Apr 7, 2020$21,998$2,748,000
Apr 7, 2019$18,511$2,343,000
Apr 7, 2018$17,242$2,294,000
Apr 7, 2017$19,210$2,214,000
Apr 7, 2016$15,030$2,060,000
Apr 7, 2015$15,030$1,866,000
Apr 7, 2014$15,030$1,718,000
Apr 7, 2013$15,030$1,438,000
Apr 7, 2012—$1,475,000
Apr 7, 2011—$1,549,000
Apr 7, 2010—$1,671,000
Apr 7, 2009—$1,671,000
Apr 7, 2007—$2,071,000
Apr 7, 2006—$1,880,000
Apr 7, 2005—$1,712,000
Apr 7, 2001$15,013$1,571,000
Apr 7, 2000$11,850$1,123,000
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 07:03:29 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