Sold234d on market
4728 86th Avenue SE
Mercer Island, WA, 98040 • 98040 • King County
$1,550,000
$467/sqft
5Beds
3Baths
3,320Sqft
0.23 acLot
1958Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Territorial
Mercer Island
98040
Outdoor Living
Fireplace
2 Fireplaces
Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 234 days ago · 11 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
11 views
People checking out this listing
234 days on market
Established listing
$467/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 1958
Discover the potential of this spacious 3,300 square foot mid-century gem nestled in a prime Mercer Island location on a quiet cul-de-sac. Featuring 5 bedrooms and classic architectural details, this home offers an exceptional canvas for your vision. Bring your design ideas and unlock the possibilities—whether you choose to restore its retro charm or create a fresh, modern masterpiece. Generously sized rooms, great natural light, and a versatile floor plan make this a rare opportunity on the Island. Minutes from top-rated schools, parks, shopping, and great restaurants. Easy freeway access to Bellevue and Seattle.
Standout features identified
Our analysis highlights mid-century gem, great natural light, and classic architectural details as key attractions of this home.
Estimated monthly payment
Based on current rates
$9,652/month
Principal & Interest$7,585
Property Tax$1,550
Insurance$517
Down payment20% ($310,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,240,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1958
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
Parking2 Carport spaces
Lot10,001 sqft
Offer Review Date2025-07-14
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1958
Stories1
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City or Mercer Island
Parking & Outdoor
ParkingAttached Carport, Driveway, Off Street
BasementDaylight
Fireplaces2
Lot10,001 sqft
Location & Tax
Neighborhood98040
Annual tax$8,869
Parcel7598100381
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Appliances
Dishwasher(s)
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Flooring
Hardwood
Carpet
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
None
Fireplace
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Exterior Features
Parking
Attached Carport
Driveway
Off Street
Construction
Wood Siding
Patio & Porch
Fireplace
Lot Features
Cul-De-Sac
Dead End Street
Deck
Outbuildings
Views
Lake
Territorial
Utilities
Xfinity
Xfinity
Room details
13 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBedroom
MainBedroom
LowerBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market234
Est. value$1,562,600
Est. rent$6,153/mo
Tax rate0.82%
Price/sqft$467
On marketSep 11, 2025
PostedJul 10, 2025
Last sold$1,550,000
MLS statusSold
MLS updatedSep 15, 2025
Tour days6
Views11
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
3 events
DateEventPrice$/sqftSource
Aug 15, 2025Sold$1,550,000$467NWMLS as distributed by MLS GRID
Jul 15, 2025Pending Sale$1,495,000$450NWMLS as distributed by MLS GRID
Jul 10, 2025Listed For Sale$1,495,000$450NWMLS as distributed by MLS GRID
Sold$1,550,000
Aug 15, 2025•$467/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,495,000
Jul 15, 2025•$450/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,495,000
Jul 10, 2025•$450/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$345$225,500
Apr 7, 2023$361$225,500
Apr 7, 2022—$225,500
Apr 7, 2021$423$225,500
Apr 7, 2020$457$225,500
Apr 7, 2019$453$225,500
Apr 7, 2018$459$225,500
Apr 7, 2017$489$897,000
Apr 7, 2016$548$835,000
Apr 7, 2015$548$757,000
Apr 7, 2014$548$697,000
Apr 7, 2013$548$647,000
Apr 7, 2012—$597,000
Apr 7, 2011—$225,500
Apr 7, 2010—$225,500
Apr 7, 2009—$225,500
Apr 7, 2007—$225,500
Apr 7, 2006—$225,500
Apr 7, 2005—$225,500
Apr 7, 2001$636$225,500
Apr 7, 2000$687$225,500
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 09:03:29 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