For Sale34d on market
18 Holly Lane
Mercer Island, WA, 98040 • 98040 • King County
$8,999,880
$1743/sqft
-$2,988,120 since Mar 3, 2026
Down payment assistance available
6Beds
5Baths
5,163Sqft
0.58 acLot
1974Built
Property DNA
Waterfront Property
Bulkhead, Lake, No Bank
Scenic Views
City · Lake
2 Story Style
Built 1974 · 52 years of history
Westside
98040
Outdoor Living
Bath Off Primary · Built-In Vacuum · Dbl Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · French Doors · Hot Tub/Spa · Jetted Tub · Pantry · Security System · Skylight(s) · Sprinkler System · Vaulted Ceiling(s) · Walk-In Closet(s) · Wired for Generator
3 Fireplaces
Wood Burning · Main Level: 2 · Upper Level: 1 · Fireplace
Garage
Attached Garage
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 34 days ago · 4,128 views · 119 saves
Market activity
Demand and pricing signals for this listing
4,128 views
People checking out this listing
119 saves
Buyers have saved this home
34 days on market
Established listing
$1,743/sqft
Price per square foot
About this home
Single Family · Built 1974
Cruise home to a legacy estate on Mercer Island’s coveted Gold Coast—137± ft of private, no-bank Lake Washington frontage on the island’s prized west shore. Designed in 1974 for effortless entertaining, this custom five bedroom residence spans nearly 5,200± sf, centered around an updated kitchen that flows seamlessly to expansive indoor/outdoor gathering spaces. The primary suite enjoys tranquil views of Lake Washington, Seward Park, the Seattle skyline & Olympic Mtns, w/ private deck, two walk-in closets & luxe five piece bath. Upstairs offers two additional west-facing bedrooms & large bonus/media room. Panoramic sunsets linger to nearly 10pm—simply the pinnacle of MI waterfront living.
Estimated monthly payment
Based on current rates
$56,041/month
Principal & Interest$44,041
Property Tax$9,000
Insurance$3,000
Down payment20% ($1,799,976)
3%50%
Est. 6.19% rate · 30yr fixed · $7,199,904 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1974
HeatingFireplace, Forced Air, Heat Pump, Electric
CoolingHeat Pump
Parking2 Attached Garage spaces
Lot0.58 Acres
Days on Zillow34 Days
Price/sqft$1,743
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style2 Story
Year built1974
Stories2
Systems
HeatingFireplace, Forced Air, Heat Pump, Electric
CoolingHeat Pump
ConstructionWood Siding
Water / SewerPublic, Company: City of MI / Sewer Connected, Company: City of MI
Parking & Outdoor
ParkingAttached Garage
BasementNone
Fireplaces3
Lot0.58 Acres
Location & Tax
Neighborhood98040
Annual tax$68,019
Parcel9365700324
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
Pantry
Appliances
Dishwasher
Disposal
Double Oven
Dryer
Microwave
Refrigerator
Washer
Dishwasher(s)
Dryer(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Washer(s)
Flooring
Hardwood
Travertine
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Electric
Cooling
Heat Pump
Fireplace
Wood Burning
Main Level: 2
Upper Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Skylight(s)
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
Hot Tub/Spa
Jetted Tub
Pantry
Security System
Skylight(s)
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Wired for Generator
Lot Features
Dead End Street
Paved
Cable TV
Deck
Dock
High Speed Internet
Hot Tub/Spa
Irrigation
Moorage
Patio
Propane
Sprinkler System
Security
Security System
Views
City
Lake
Other Equipment
Wired for Generator
Room details
19 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market34
Est. value$8,475,600
Est. rent$7,297/mo
Tax rate0.82%
Price/sqft$1743
On marketMar 2, 2026
PostedMar 3, 2026
MLS statusActive
MLS updatedApr 2, 2026
Tour days9
Views4,128
Favorites119
How are the schools in Mercer Island?
3 schools rated nearby
Location
Mercer Island, WA, 98040
Price history
6 events
DateEventPrice$/sqftSource
Mar 3, 2026Price Change$8,999,880$1,743NWMLS as distributed by MLS GRID
Sep 16, 2025Listed For Sale$11,988,000$2,322Engel & Volkers
Aug 23, 2025Listing Removed$11,988,000$2,322Engel & Volkers
Aug 20, 2025Listed For Sale$11,988,000$2,322Engel & Volkers
Aug 8, 2025Listing Removed$11,988,000$2,322Engel & Volkers
Sep 26, 2024Listed For Sale$11,988,000$2,322Engel & Volkers
Price Change$8,999,880
Mar 3, 2026•$1,743/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$11,988,000
Sep 16, 2025•$2,322/sqft•Engel & Volkers
Listing Removed$11,988,000
Aug 23, 2025•$2,322/sqft•Engel & Volkers
Listed For Sale$11,988,000
Aug 20, 2025•$2,322/sqft•Engel & Volkers
Listing Removed$11,988,000
Aug 8, 2025•$2,322/sqft•Engel & Volkers
Listed For Sale$11,988,000
Sep 26, 2024•$2,322/sqft•Engel & Volkers
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$68,893$10,525,000
Apr 7, 2023$68,019$9,884,000
Apr 7, 2022$67,769$11,054,000
Apr 7, 2021$59,270$8,052,000
Apr 7, 2020$56,880$7,109,000
Apr 7, 2019$50,448$6,389,000
Apr 7, 2018$46,979$6,254,000
Apr 7, 2017$52,350$6,036,000
Apr 7, 2016$39,601$5,433,000
Apr 7, 2015$39,601$4,920,000
Apr 7, 2014$39,601$4,529,000
Apr 7, 2013$39,601$4,549,000
Apr 7, 2012—$4,664,000
Apr 7, 2011—$4,898,000
Apr 7, 2010—$5,280,000
Apr 7, 2009—$5,280,000
Apr 7, 2007—$5,256,000
Apr 7, 2006—$4,771,000
Apr 7, 2005—$4,344,000
Apr 7, 2001$24,394$2,553,000
Apr 7, 2000$19,243$1,824,000
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 07:08:29 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)
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