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Forest Avenue Homes for Sale

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  • /40

    $3,788,800

    • 5 Beds
    • 4.5 Baths
    • 4,688 Sq Ft

    5037 W Mercer Way, Mercer Island, WA 98040

    NW contemporary luxury on an expansive western-facing lot. Bask in sweeping lake and sunset views from the elegant primary suite and Great Room. The open-plan main floor features a formal dining area with built ins adjacent to a chef’s kitchen with a quartz island and premium stainless appliances. Entertain effortlessly around the gas fireplace, with immersive sound from ceiling speakers. The

    Helena Chen eXp Realty

    5037 W Mercer Way, Mercer Island, WA 98040
  • /40

    $3,199,000

    • 5 Beds
    • 6 Baths
    • 4,580 Sq Ft

    4465 W Mercer Way, Mercer Island, WA 98040

    Private oasis-more than meets the eye! Over 1⁄2 an acre on desirable west Mercer Island, this home is exceptional. Updates of $2.5mill+: numerous security features w saferoom, elevator, roof, solar panels, A/C, quartzite bathrooms, chef’s kitchen, & 7 car garage. Natural light fills spacious rms. Hardwoods, abundant windows & decks throughout make this home feel private & generous. Dramatic great

    Yael Chotzen The Landmark Group

    4465 W Mercer Way, Mercer Island, WA 98040
  • /40

    $3,350,000

    • 5 Beds
    • 3.5 Baths
    • 4,910 Sq Ft

    8150 Evergreen Ln, Mercer Island, WA 98040

    Extraordinary value on Mercer Island! Pre-Inspected. Exquisite 5 bedroom, 3.5 bathroom home on Evergreen Lane. Turn-key home w/all bathrooms, kitchen & laundry recently updated. Enjoy high-end designer finishes throughout, including gourmet kitchen w/new quartz counters, beautiful backsplash, faucets/sinks, Wolf 8 burner range & much more! An abundance of windows floods the home w/natural light.

    Kim Gervasoni Windermere Real Estate/East

    8150 Evergreen Ln, Mercer Island, WA 98040
  • /26

    $1,859,988

    • 4 Beds
    • 5 Baths
    • 4,180 Sq Ft

    4825 88th Ave SE, Mercer Island, WA 98040

    Welcome home -centrally located mid-island, right were you want to be! An updated 4 bedroom, 4 bathroom, 4,180sf updated & well cared for residence. Boasting fantastic west facing filtered lake views & huge entertainment sized view deck- perfect for play and entertaining. A great layout with Primary Suite on main level and formal dining, living and family rooms. Lower level has fantastic spaces

    Scott Richards Windermere Real Estate/East

    4825 88th Ave SE, Mercer Island, WA 98040
  • /39

    $9,995,000

    • 6 Beds
    • 4.5 Baths
    • 5,163 Sq Ft

    18 Holly Ln, Mercer Island, WA 98040

    Cruise home to a spectacular legacy residence found tucked upon the coveted western shore of Mercer Island. Set upon 137+/- feet of private no bank waterfront, this soul satisfying, custom five bedroom residence was conceived in 1974 with active entertaining in mind. The heart of the nearly 5,200sf home is centered with an updated kitchen allowing a natural flow indoors & out to entertaining

    Scott Richards Windermere Real Estate/East

    18 Holly Ln, Mercer Island, WA 98040
  • /40

    $5,088,000 New Construction

    • 5 Beds
    • 5.5 Baths
    • 4,620 Sq Ft

    4719 86th Ave SE, Mercer Island, WA 98040

    A modern masterpiece in Mercer Island, newly completed by Design Built Homes and designed by McCullough Architects to maximize natural light and Lake Washington views. Desirable open-concept living with double height entry, great room, Chef’s kitchen, gourmet island, formal dining, office, and covered patio with Infratech heaters and 3 fireplaces. Details include wide-plank European Oak floors,

    Shawn Filer Real Residential

    4719 86th Ave SE, Mercer Island, WA 98040

Why Live in Forest Avenue

Forest Avenue in Mercer Island is a neighborhood characterized by its dense woodlands and winding roads, leading to an array of massive homes with waterfront views. The architecture here is eclectic, featuring contemporary, midcentury modern, traditional, Craftsman, and ranch-style homes. The area is notably safer than the national average, with a crime score significantly lower. Residents enjoy outdoor activities with a paved trail connecting to Homestead Field, which features tennis courts, baseball diamonds, and a forest-themed playground. Groveland Beach Park, a mile south, offers a fishing pier, swimming holes, and a volleyball court, while Forest Landing provides access to Lake Washington for kayaking and paddleboarding. Downtown Mercer Island, about 2 miles north, features modern buildings, fitness studios, and a diverse dining scene with restaurants like Homegrown and Pogacha Restaurant. For shopping, QFC and Metropolitan Market are available. Interstate 90 provides convenient access to Seattle, 7 miles northwest, and Bellevue, 6 miles east. Public transportation options include King County Metro and Sound Transit bus systems, with additional services at the Mercer Island Park & Ride. The Mercer Island School District serves the area, with highly rated schools such as Island Park Elementary School, Islander Middle School, and Mercer Island High School, all known for their strong academic programs and extracurricular activities.

Frequently Asked Questions

Is Forest Avenue a good place to live?
Forest Avenue is a good place to live. Forest Avenue is considered very car-dependent and somewhat bikeable with minimal transit options. Forest Avenue has 3 parks for recreational activities. It has a median age of 48. The average household income is $240,427 which is above the national average. College graduates make up 85.9% of residents. A majority of residents in Forest Avenue are home owners, with 11.1% of residents renting and 88.9% of residents owning their home. A local real estate agent serving Forest Avenue can help you decide if this neighborhood is the right one for you. Learn more on our Forest Avenue neighborhood guide.
How much do you need to make to afford a house in Forest Avenue?
The median home price in Forest Avenue is $2,848,000. If you put a 20% down payment of $569,600 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $14,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $621K a year to afford the median home price in Forest Avenue. The average household income in Forest Avenue is $240K.
What are the best public schools in Forest Avenue?
The best public schools that serve Forest Avenue are:
What are the best private schools in Forest Avenue?
The best private schools that serve Forest Avenue are:
What are the most popular zip codes in Forest Avenue, Mercer Island, WA?
The most popular zip codes in Forest Avenue, Mercer Island, WA include 98040, 98006, 98118, 98004 and 98056.
What are the most popular neighborhoods near Forest Avenue, Mercer Island, WA?
The most popular neighborhoods near Forest Avenue, Mercer Island, WA are Appleton, Mercerdale, Parkwood - Mercer Firs, Shorewood and Mercerwood.

Home Trends in Forest Avenue, WA

Housing Trends

Median Sale Price
$2,561,500
Median Single Family Sale Price
$2,850,000
Average Price Per Sq Ft
$800
Number of Homes for Sale
6
Last 12 months Home Sales
16
Months of Supply
4.50
Median List Price
$2,848,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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