Sold689d on market
1845 W Mercer Way
Mercer Island, WA, 98040 • 98040 • King County
$8,100,000
$1548/sqft
4Beds
5Baths
5,234Sqft
0.39 acLot
1988Built
Property DNA
Waterfront Property
Bank-Low, Bulkhead, Lake
Scenic Views
City · Lake
Traditional Style
Built 1988 · 38 years of history
Mercer Island
98040
Outdoor Living
Ceramic Tile · Hardwood · Wall to Wall Carpet · Bath Off Primary · Built-In Vacuum · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace (Primary Bedroom) · French Doors · High Tech Cabling · Hot Tub/Spa · Jetted Tub · Security System · Skylight(s) · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Wine Cellar · Fireplace · Water Heater
3 Fireplaces
Gas · Main Level: 2 · Upper Level: 1 · Fireplace
3-Car Garage
Driveway · Attached Garage · Off Street
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 689 days ago · 24 views · Top 9% likely to sell soon
Market activity
Demand and pricing signals for this listing
24 views
People checking out this listing
689 days on market
Established listing
$1,548/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 9% 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 1988
Immerse yourself in the elegance of this Mercer Island waterfront retreat. Grand living spaces, water views from almost every room, and a kitchen with top-of-the-line appliances. The main floor also features an office, gym, wine cellar, and sauna. Upstairs, the primary suite is a tranquil haven with a walk-in closet and luxurious bath. Three additional bedrooms each enjoy captivating water views. Revel outdoors with 85± ft of pristine shoreline, expansive deck, and dock with 2 boat lifts. Glass-walled deck showcases spectacular sunsets, complemented by a hot tub & fire pit. This exceptional residence is a testament to the Mercer Island lifestyle, harmoniously blending thoughtful design and the joy of lakeside living.
Standout features identified
Our analysis highlights wine cellar, glass - walled deck, and primary suite as key attractions of this home.
Estimated monthly payment
Based on current rates
$50,438/month
Principal & Interest$39,638
Property Tax$8,100
Insurance$2,700
Down payment20% ($1,620,000)
3%50%
Est. 6.19% rate · 30yr fixed · $6,480,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1988
HeatingFireplace, Ductless HP-Mini Split, Forced Air, Natural Gas
Parking3 Attached Garage spaces
Lot0.39 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
Year built1988
Stories2
Systems
HeatingFireplace, Ductless HP-Mini Split, Forced Air, Natural Gas
ConstructionBrick, Wood Siding
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingDriveway, Attached Garage, Off Street
Garage3 spaces
BasementNone
Fireplaces3
Lot0.39 Acres
Location & Tax
Neighborhood98040
Annual tax$55,854
Parcel7355700115
Bathrooms & Fees
Full baths3
Features & details
12 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Ceiling Fan(s)
Dining Room
High Tech Cabling
Appliances
Dishwashers_
Double Oven
Dryer(s)
GarbageDisposal_
Microwaves_
Refrigerators_
SeeRemarks_
StovesRanges_
Trash Compactor
Washer(s)
Dishwasher(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
See Remarks
Stove(s)/Range(s)
Water Heater: Gas
Water Heater Location: Garage
Flooring
Ceramic Tile
Hardwood
See Remarks
Carpet
Heating
Fireplace
Ductless HP-Mini Split
Forced Air
Natural Gas
Fireplace
Gas
Main Level: 2
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
Off Street
Construction
Brick
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Wall to Wall Carpet
Bath Off Primary
Built-In Vacuum
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace (Primary Bedroom)
French Doors
High Tech Cabling
Hot Tub/Spa
Jetted Tub
Security System
Skylight(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Wine Cellar
Fireplace
Water Heater
Lot Features
Paved
Secluded
Sidewalk
Cable TV
Deck
Dock
Electric Car Charging
Fenced-Partially
Gas Available
High Speed Internet
Hot Tub/Spa
Moorage
Patio
Security
Security System
Views
City
Lake
Room details
17 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBathroom Three Quarter
MainBathroom Full
SecondListing insights
Market data and value estimates
StatusSold
Days on market689
Est. value$8,905,700
Est. rent$7,378/mo
Tax rate0.82%
Price/sqft$1548
On marketMay 8, 2024
PostedApr 15, 2024
Last sold$8,100,000
MLS statusSold
MLS updatedMay 17, 2024
Tour days6
Views24
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
6 events
DateEventPrice$/sqftSource
May 17, 2024Sold$8,100,000$1,548NWMLS as distributed by MLS GRID
Apr 25, 2024Pending Sale$8,250,000$1,576NWMLS as distributed by MLS GRID
Apr 15, 2024Listed For Sale$8,250,000$1,576NWMLS as distributed by MLS GRID
Jul 31, 2008Sold$4,793,831$916NWMLS as distributed by MLS GRID
Feb 26, 2008Listed For Sale$5,100,000$974Coldwell Banker**
Jul 12, 2004Sold$3,325,000$635NWMLS as distributed by MLS GRID
Sold$8,100,000
May 17, 2024•$1,548/sqft•NWMLS as distributed by MLS GRID
Pending Sale$8,250,000
Apr 25, 2024•$1,576/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$8,250,000
Apr 15, 2024•$1,576/sqft•NWMLS as distributed by MLS GRID
Sold$4,793,831
Jul 31, 2008•$916/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$5,100,000
Feb 26, 2008•$974/sqft•Coldwell Banker**
Sold$3,325,000
Jul 12, 2004•$635/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$54,817$8,374,000
Apr 7, 2023$54,122$7,864,000
Apr 7, 2022$55,854$9,110,000
Apr 7, 2021$50,123$6,809,000
Apr 7, 2020$48,105$6,012,000
Apr 7, 2019$47,149$5,971,000
Apr 7, 2018$43,908$5,845,000
Apr 7, 2017$48,934$5,642,000
Apr 7, 2016$38,273$5,250,000
Apr 7, 2015$38,273$4,755,000
Apr 7, 2014$38,273$4,377,000
Apr 7, 2013$38,273$3,730,000
Apr 7, 2012—$3,439,000
Apr 7, 2011—$3,612,000
Apr 7, 2010—$3,894,000
Apr 7, 2009—$3,894,000
Apr 7, 2007—$4,184,000
Apr 7, 2006—$3,798,000
Apr 7, 2005—$3,458,000
Apr 7, 2001$27,384$2,866,000
Apr 7, 2000$21,605$2,048,000
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 09:08:19 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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