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East Mercer Home for Sale

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    $700,000

    • Land
    • 0.48 Acre
    • $1,451,981 per Acre

    44 xx Ferncroft Rd, Mercer Island, WA 98040

    Unique opportunity to build on a large private 21,000 square foot lot with partial water views. Tucked away at the end of a private street on the north end of Mercer island, in the sought after Ferncroft neighborhood. This retreat style lot faces east and is ready for your builder or architect. Utilities close by, and located just minutes from I90 and local commerce. Access from Ferncroft Road:

    Stephen Macdonald COMPASS

    44 xx Ferncroft Rd, Mercer Island, WA 98040

Frequently Asked Questions

Is East Mercer a good place to live?
East Mercer is a good place to live. East Mercer is considered very car-dependent and somewhat bikeable with minimal transit options. East Mercer is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. East Mercer has 8 parks for recreational activities. It has a median age of 45. The average household income is $256,531 which is above the national average. College graduates make up 81.6% of residents. A majority of residents in East Mercer are home owners, with 11.2% of residents renting and 88.8% of residents owning their home. A local real estate agent serving East Mercer can help you decide if this neighborhood is the right one for you. Learn more on our East Mercer neighborhood guide.
Is East Mercer, WA a safe neighborhood?
East Mercer, WA is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in East Mercer?
The median home price in East Mercer is $3,798,000. If you put a 20% down payment of $759,600 and had a 30-year fixed mortgage with an interest rate of 6.24%, your estimated principal and interest payment would be $18,690 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $801K a year to afford the median home price in East Mercer. Learn how much home you can afford with our Home Affordability Calculator. The average household income in East Mercer is $257K.
What are the best public schools in East Mercer?
The best public schools that serve East Mercer are:
What are the best private schools in East Mercer?
The best private schools that serve East Mercer are:
What are the most popular zip codes in East Mercer, Mercer Island, WA?
The most popular zip codes in East Mercer, Mercer Island, WA include 98040, 98006, 98004, 98005 and 98056.
What are the most popular neighborhoods near East Mercer, Mercer Island, WA?
The most popular neighborhoods near East Mercer, Mercer Island, WA are Mercerwood, Shorewood, Appleton, Factoria and Forest Avenue.
Are home prices dropping in East Mercer?
Yes, home prices in East Mercer are down 3% in the last 12 months.

Home Trends in East Mercer, WA

Housing Trends

Median Sale Price
$3,530,000
Median Single Family Sale Price
$3,530,000
Average Price Per Sq Ft
$1,154
Number of Homes for Sale
0
Last 12 months Home Sales
7
Months of Supply
0.00
Median List Price
$3,798,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%
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