Sold252d on market
5 Wembley Lane
Mercer Island, WA, 98040 • 98040 • King County
$1,650,000
$568/sqft
4Beds
3Baths
2,904Sqft
0.22 acLot
1959Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Partial · Territorial
Modern Style
Built 1959 · 67 years of history
Mercer Island
98040
Outdoor Living
Bath Off Primary · Double Pane/Storm Window · Dining Room · Fireplace · Security System · Skylight(s) · Walk-In Closet(s) · Water Heater · Wired for Generator
2 Fireplaces
Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 252 days ago · 24 views
Market activity
Demand and pricing signals for this listing
24 views
People checking out this listing
252 days on market
Established listing
$568/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 24% 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 1959
Live the resort life in this special enclave of 10 homes surrounding a coveted community pool. Mid-century design w/ huge windows, vaulted ceilings & exposed beams. Open & inviting living room w/ refinished hardwoods & fireplace flows to the dining room & attached deck to dine & entertain alfresco. Chef's kitchen w/ gas range, abundant counters & lush outlook. Generous primary suite w/ west-facing deck to soak in sunsets, fully fitted bath & office, plus additional bed/bath. Lower level boasts 2 big bedrooms, an oversized rec room for play w/ 2 extra rooms great as bedrooms/office/workout, 3/4 bath, laundry & storage. Refreshed w/ new paint, flooring, lights, newer roof, AC & wired for generator. Top-rated schools & prime mid-island locale.
Estimated monthly payment
Based on current rates
$10,399/month
Principal & Interest$8,074
Property Tax$1,650
Insurance$550
HOA$125
Down payment20% ($330,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,320,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1959
HeatingFireplace, Ductless, Forced Air, Heat Pump, Natural Gas
CoolingDuctless, Heat Pump
ParkingDriveway, Off Street
HOA$1,500 annually
Lot9,631 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleModern
ConditionGood
Year built1959
Systems
HeatingFireplace, Ductless, Forced Air, Heat Pump, Natural Gas
CoolingDuctless, Heat Pump
RoofTorch Down
ConstructionBrick, Wood Siding
Water / SewerPublic, Company: City of Mercer Island / Sewer Connected, Company: City of Mercer Island
Parking & Outdoor
ParkingDriveway, Off Street
BasementDaylight,Finished
Fireplaces2
Lot9,631 sqft
Location & Tax
Neighborhood98040
ZoningR 9.6
Annual tax$9,698
Parcel7598100510
Bathrooms & Fees
Full baths1
HOA$125/mo
Features & details
16 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Electric
Water Heater Location: Basement Shop/Storage Room
Flooring
Ceramic Tile
Hardwood
Laminate
Carpet
Heating
Fireplace
Ductless
Forced Air
Heat Pump
Natural Gas
Cooling
Ductless
Heat Pump
Fireplace
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Off Street
Construction
Brick
Wood Siding
Patio & Porch
Bath Off Primary
Double Pane/Storm Window
Dining Room
Fireplace
Security System
Skylight(s)
Walk-In Closet(s)
Water Heater
Wired for Generator
Lot Features
Corner Lot
Paved
Cable TV
Deck
Fenced-Partially
Gas Available
High Speed Internet
Shop
Community
CCRs
Security
Security System
Views
Lake
Partial
Territorial
Pool Features
Community
Other Equipment
Leased Equipment: None
Wired for Generator
Room details
16 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
LowerBedroom
LowerBathroom Full
MainBathroom Three Quarter
LowerListing insights
Market data and value estimates
StatusSold
Days on market252
Est. value$1,663,000
Est. rent$5,782/mo
Tax rate0.82%
Price/sqft$568
On marketJul 15, 2025
PostedMay 27, 2025
Last sold$1,650,000
MLS statusSold
MLS updatedAug 28, 2025
Tour days6
Views24
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
5 events
DateEventPrice$/sqftSource
Jul 28, 2025Sold$1,650,000$568NWMLS as distributed by MLS GRID
Jul 11, 2025Pending Sale$1,698,000$585NWMLS as distributed by MLS GRID
Jun 24, 2025Price Change$1,698,000$585NWMLS as distributed by MLS GRID
May 27, 2025Listed For Sale$1,750,000$603NWMLS as distributed by MLS GRID
Jun 26, 2007Sold$875,000$301Public Record
Sold$1,650,000
Jul 28, 2025•$568/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,698,000
Jul 11, 2025•$585/sqft•NWMLS as distributed by MLS GRID
Price Change$1,698,000
Jun 24, 2025•$585/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,750,000
May 27, 2025•$603/sqft•NWMLS as distributed by MLS GRID
Sold$875,000
Jun 26, 2007•$301/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$9,698$1,479,000
Apr 7, 2023$9,575$1,389,000
Apr 7, 2022$9,543$1,554,000
Apr 7, 2021$8,568$1,162,000
Apr 7, 2020$8,224$1,026,000
Apr 7, 2019$7,950$1,005,000
Apr 7, 2018$7,404$984,000
Apr 7, 2017$7,712$888,000
Apr 7, 2016$5,782$800,000
Apr 7, 2015$5,782$725,000
Apr 7, 2014$5,782$660,000
Apr 7, 2013$5,782$581,000
Apr 7, 2012—$536,000
Apr 7, 2011—$530,000
Apr 7, 2010—$556,000
Apr 7, 2009—$556,000
Apr 7, 2007—$530,000
Apr 7, 2006—$492,000
Apr 7, 2005—$448,000
Apr 7, 2001$3,712$388,000
Apr 7, 2000$3,539$335,000
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 11:43:42 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