Sold536d on market
7002 N Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$28,500,000
$2841/sqft
5Beds
8Baths
10,030Sqft
1.2 acLot
2001Built
Property DNA
Waterfront Property
Bank-Low
Scenic Views
City · Lake
Traditional Style
Built 2001 · 25 years of history
North End
98040
Outdoor Living
Second Kitchen · Bath Off Primary · Built-In Vacuum · Double Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · Hardwood · High Tech Cabling · Hot Tub/Spa · Loft · Security System · Skylight(s) · SMART Wired · Walk-In Pantry · Wall to Wall Carpet · Wet Bar · Wine Cellar · Wired for Generator
7 Fireplaces
Gas · Wood Burning · Lower Level: 1 · Main Level: 5 · Upper Level: 1 · Fireplace
3-Car Garage
Detached Garage
Hardwood & Stone Floors
Quality flooring throughout
This home is getting attention
Listed 536 days ago · 270 views · 9 saves
Market activity
Demand and pricing signals for this listing
270 views
People checking out this listing
9 saves
Buyers have saved this home
536 days on market
Established listing
$2,841/sqft
Price per square foot
About this home
Single Family · Built 2001
One of the most significant waterfront properties of our time has come available. Presenting 1.25 acres on Mercer Island's coveted Northend w/ 210 front ft & a 143 ft seaplane/yacht style dock. A Stephen Sullivan Long Island Shingle that truly embraces the architecture of NE coastal tradition. Exquisite craftsmanship & refined spaces flow to stone patios overlooking the most epic of sprawling lawns. A Great Room w/soaring ceiling & Epicurean’s dream kitchen. Dutch doors to veggie/flower garden. Rich paneled library opens to covered cigar porch. Poolside guest house boasts indoor & outdoor kitchens. 2 offices, 2 butler’s pantries, 3 laundry rms, billiard rm, wine cellar, putting green & boat house. Garage/indoor sport court w/ADU potential.
Standout features identified
Our analysis highlights boat house, stone patios, and wine cellar as key attractions of this home.
Estimated monthly payment
Based on current rates
$177,465/month
Principal & Interest$139,465
Property Tax$28,500
Insurance$9,500
Down payment20% ($5,700,000)
3%50%
Est. 6.19% rate · 30yr fixed · $22,800,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2001
HeatingFireplace, Radiant, Natural Gas, See Remarks
Parking3 Garage spaces
Lot1.25 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionVery Good
Year built2001
Stories2
Systems
HeatingFireplace, Radiant, Natural Gas, See Remarks
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingDetached Garage
Garage3 spaces
BasementFinished
Fireplaces7
Lot1.25 Acres
Location & Tax
Neighborhood98040
Annual tax$149,812
Parcel7355700046
Bathrooms & Fees
Full baths4
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Loft
Appliances
Dishwasher(s)
Double Oven
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Flooring
Hardwood
Stone
Carpet
Heating
Fireplace
Radiant
Natural Gas
See Remarks
Fireplace
Gas
Wood Burning
Lower Level: 1
Main Level: 5
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Detached Garage
Construction
Wood Siding
Patio & Porch
Second Kitchen
Bath Off Primary
Built-In Vacuum
Double Pane/Storm Window
Dining Room
Fireplace
Fireplace (Primary Bedroom)
French Doors
Hardwood
High Tech Cabling
Hot Tub/Spa
Loft
Security System
Skylight(s)
SMART Wired
Walk-In Pantry
Wall to Wall Carpet
Wet Bar
Wine Cellar
Wired for Generator
Lot Features
Paved
Boat House
Cabana/Gazebo
Cable TV
Deck
Dock
Dog Run
Fenced-Fully
Gas Available
Gated Entry
High Speed Internet
Hot Tub/Spa
Irrigation
Moorage
Sprinkler System
Security
Security System
Views
City
Lake
Pool Features
In Ground
In-Ground
Other Equipment
Wired for Generator
Room details
26 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBathroom Full
SecondListing insights
Market data and value estimates
StatusSold
Days on market536
Est. value$28,004,200
Est. rent$8,118/mo
Tax rate0.82%
Price/sqft$2841
On marketAug 18, 2023
PostedNov 1, 2023
Last sold$28,500,000
MLS statusSold
MLS updatedOct 17, 2024
Tour days6
Views270
Favorites9
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
3 events
DateEventPrice$/sqftSource
Oct 17, 2024Sold$28,500,000$2,841NWMLS as distributed by MLS GRID
Aug 4, 2024Pending Sale$33,900,000$3,380NWMLS as distributed by MLS GRID
Nov 1, 2023Listed For Sale$33,900,000$3,380NWMLS as distributed by MLS GRID
Sold$28,500,000
Oct 17, 2024•$2,841/sqft•NWMLS as distributed by MLS GRID
Pending Sale$33,900,000
Aug 4, 2024•$3,380/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$33,900,000
Nov 1, 2023•$3,380/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$145,207$22,187,000
Apr 7, 2023$143,359$20,835,000
Apr 7, 2022$148,697$24,258,000
Apr 7, 2021$133,430$18,130,000
Apr 7, 2020$128,051$16,007,000
Apr 7, 2019$121,024$15,330,000
Apr 7, 2018$112,695$15,005,000
Apr 7, 2017$125,584$14,482,000
Apr 7, 2016$98,193$13,474,000
Apr 7, 2015$98,193$12,202,000
Apr 7, 2014$98,193$11,232,000
Apr 7, 2013$98,193$10,818,000
Apr 7, 2012—$9,959,000
Apr 7, 2011—$10,458,000
Apr 7, 2010—$11,272,000
Apr 7, 2009—$11,272,000
Apr 7, 2007—$11,696,000
Apr 7, 2006—$11,696,000
Apr 7, 2005—$10,648,000
Apr 7, 2001$32,237$3,374,000
Apr 7, 2000$14,771$1,400,000
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 07:33:33 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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