14

Island Point Homes for Sale

Section Image Section Image
  • /40

    $5,808,000 Open Sun 2PM - 4PM

    • 5 Beds
    • 6 Baths
    • 5,280 Sq Ft

    8243 W Mercer Way, Mercer Island, WA 98040

    Sleek. Sculptural. Unforgettable. A bold architectural statement where warm wood accents meet crisp modern lines, and walls of glass erase the boundary between sophisticated interiors and the beauty beyond. This Mercer Island home stuns with its cantilevered design, flawless finishes, and sweeping views of Lake Washington and Mt. Rainier. Entertain on four remarkable view decks, bask in sunlit

    Agent Photo

    Grace Yu

    Realogics Sotheby's Int'l Rlty

    (425) 213-2360

    8243 W Mercer Way, Mercer Island, WA 98040
  • /40

    $3,590,000

    • 5 Beds
    • 5 Baths
    • 5,171 Sq Ft

    8300 SE 82nd St, Mercer Island, WA 98040

    The private retreat of your dreams awaits in Island Point! This stunning estate is set amidst beautiful gardens and magnificent trees on a lovely level 1/3 acre lot, nestled down a peaceful lane near parks and schools. Step inside and discover quality craftsmanship at every turn–warm hardwoods, soaring ceilings & walls of windows framing the outdoors. Perfect floor plan features expansive living

    Charlie Sirianni Windermere Mercer Island

    8300 SE 82nd St, Mercer Island, WA 98040
  • /40

    $4,275,000

    • 5 Beds
    • 4.5 Baths
    • 4,450 Sq Ft

    8246 W Mercer Way, Mercer Island, WA 98040

    At the top of a private driveway in the tranquil south end of Mercer Island, immaculate 4,450SF 5BR, 4.5BA built in 2016. SW facing & light-filled w/views of Lk WA from nearly every room. Sunlit living rm opens to large chef’s island kitchen w/Wolf, Miele & SubZero. Elegant dining rm w/ built-in buffet. Indoor-outdoor living w/multiple French doors to vast SW facing view deck ideal for

    Chris Guzzardo Windermere R.E. Northeast, Inc

    8246 W Mercer Way, Mercer Island, WA 98040
  • /40

    $7,980,000 Open Sun 1PM - 4PM

    • 7 Beds
    • 11 Baths
    • 9,340 Sq Ft

    7909 78th Ave SE, Mercer Island, WA 98040

    Perched above Lake Washington with expansive views, this custom estate showcases exquisite cherry millwork throughout. The main-level primary suite opens to a private patio, and upstairs, an additional primary suite with its own terrace complements two more ensuites. Entertain effortlessly in the gourmet kitchen with high-end appliances and butler’s pantry. The lower level transforms into a

    Helena Chen eXp Realty

    7909 78th Ave SE, Mercer Island, WA 98040
  • /36

    $6,500,000

    • 4 Beds
    • 3.5 Baths
    • 4,361 Sq Ft

    7703 W Mercer Way, Mercer Island, WA 98040

    Olson Kundig design set upon the shores of Lake Washington. Light finds you in every space & the views are inescapable in your modern jewel-box home of glass, steel, wood & concrete, artfully reimagined by world renowned architect, Jim Olson, in 2008. Mt Rainier & the Olympics are your backdrop for all-day sun along 65' of coveted West-facing Mercer Island waterfront with new dock in 2017 & boat

    Nick Gerisilo John L. Scott, Inc

    7703 W Mercer Way, Mercer Island, WA 98040
  • /14

    $6,000,000

    • 5 Beds
    • 3 Baths
    • 1,810 Sq Ft

    8001 W Mercer Way, Mercer Island, WA 98040

    Nestled just 10 feet from the water’s edge, this rare waterfront opportunity offers an unparalleled perch for your vision. Whether you choose to restore or reimagine, the grandfathered, foundation provides an extraordinary starting point—one that could never be replicated under today’s regulations. This home enjoys expansive views of Mount Rainier, breathtaking sunrises and sunsets, while eagles

    Diane Tien Realogics Sotheby's Int'l Rlty

    8001 W Mercer Way, Mercer Island, WA 98040
  • /40

    $4,272,000

    • 6 Beds
    • 5 Baths
    • 5,200 Sq Ft

    8246 E Mercer Way, Mercer Island, WA 98040

    Vacation living all year long! Custom 6-bedroom, 5-bath craftsman in Mercer Island’s coveted Avalon Park offers over 5,200 sq ft of elegant living with panoramic views of Lake Washington and Mt Rainier. Highlights include a chef’s kitchen with commercial-grade appliances, expansive view decks, luxurious suite with private deck, 4-fireplaces, a separate guest wing and home theater. Enjoy movies or

    Linda Nguyen COMPASS

    8246 E Mercer Way, Mercer Island, WA 98040
  • /37

    $3,498,000 Open Sun 11AM - 2PM

    • 4 Beds
    • 3 Baths
    • 3,695 Sq Ft

    8281 W Mercer Way, Mercer Island, WA 98040

    Enjoy breathtaking views of Lake Washington and the Olympic Mountains from this architecturally distinctive home, thoughtfully designed by Robert Maloney. Featuring a gourmet kitchen and fabulous entertaining spaces, this residence blends elegance with comfort.The interior showcases travertine flooring, radiant heat, vaulted ceilings, and skylights, creating a bright and welcoming ambiance.

    April Bing Skyline Properties, Inc.

    8281 W Mercer Way, Mercer Island, WA 98040
  • /40

    $3,140,000

    • 4 Beds
    • 3.5 Baths
    • 3,330 Sq Ft

    7236 Holly Hill Dr, Mercer Island, WA 98040

    Experience the epitome of Pacific Northwest living w/34 feet of no-bank waterfront shared with just 1 neighbor plus 100 foot dock. This custom-designed Jim Cutler masterpiece is an architectural gem by the renowned mind behind Bill Gates’ home. Classic & timeless, the residence features VG fir-trimmed walls of windows that dissolve the boundary between indoors & out. So much privacy, no need for

    Lori Holden John L. Scott, Inc.

    7236 Holly Hill Dr, Mercer Island, WA 98040
  • /34

    $13,500,000

    • 6 Beds
    • 4.5 Baths
    • 5,138 Sq Ft

    8097 W Mercer Way, Mercer Island, WA 98040

    A rare lakeside estate offering immaculate indoor-outdoor living for those who want it all. Step inside to sweeping views and seamless flow from dining and living to one of the finest kitchens you have seen. Upstairs, a resort-inspired primary wing offers double dressing rooms, double showers, and lounge areas inside and on the deck. Light-filled bedrooms and bathrooms complete the ideal layout.

    Diane Tien Realogics Sotheby's Int'l Rlty

    8097 W Mercer Way, Mercer Island, WA 98040
  • /40

    $9,890,000

    • 5 Beds
    • 6 Baths
    • 5,390 Sq Ft

    8260 Avalon Dr, Mercer Island, WA 98040

    Experience superlative Northwest living in this sophisticated and joyous Mercer Island waterfront home. Delight in unobstructed stunning Mt. Rainier views from the private dock and airy and light five bedroom, five bath residence. This classic Cape Cod stunner offers soaring ceilings, hickory hardwood flooring throughout, a chef’s kitchen and three fireplaces. An unusually large, flat lawn and

    Robyn Kimura-Hsu Realogics Sotheby's Int'l Rlty

    8260 Avalon Dr, Mercer Island, WA 98040
  • /3

    $2,270,000

    • 4 Beds
    • 1.5 Baths
    • 2,260 Sq Ft

    7204 78th Ave SE, Mercer Island, WA 98040

    Exceptional Development Opportunity on Mercer Island. A generous 22,000 sq ft corner lot in one of MI’s most desirable neighborhoods. Preliminary subdivision approval granted—ready to be divided into two lots. The lot’s regular shape supports optimal design flexibility, allowing future homes to maximize the 40% FAR. Enjoy an unbeatable location just minutes from the lake, parks, shopping, and

    Xia Zhao John L. Scott, Inc.

    7204 78th Ave SE, Mercer Island, WA 98040
  • /39

    $2,999,000

    • 4 Beds
    • 3 Baths
    • 3,690 Sq Ft

    7934 Lake View Ln, Mercer Island, WA 98040

    Views! Views! Views! Built in 1997, but lovingly remodeled, this elegant classic has it all. The 4 bed/3 bath, 3,690 sq ft Peter Stoner designed home sits on a 19,793 sq ft lot. A timeless design greets you as you enter, but you’ll be awed by the views of Lake Washington and Mt. Rainier from both floors. Bathed in light from its western exposure, the main floor is an open floor plan with chef’s

    Sam Chapin Engel & Voelkers Mercer Island

    7934 Lake View Ln, Mercer Island, WA 98040
  • /40

    $1,980,000 Open Sun 1PM - 4PM

    • 3 Beds
    • 2 Baths
    • 1,986 Sq Ft

    8526 E Mercer Way, Mercer Island, WA 98040

    Enjoy Views of Mt Rainier & Lake Washington from all 3 levels through vaulted walls of windows, 2 entertaining decks with this Mountain Lodge styled home. Dramatic floor to ceiling River Rock Fireplace, Antique Petrified wood flooring throughout. Watch Eagles soar in front of your home while preparing meals in your custom designed gourmet kitchen with renowned Rutt Cabinetry. This home features

    Jimmy Pliego John L. Scott, Inc.

    8526 E Mercer Way, Mercer Island, WA 98040

Why Live in Island Point

Island Point, located in Mercer Island, is a neighborhood characterized by its single detached homes, many designed by local modern architect Ralph Anderson in the 1960s and 1970s. The predominant home styles include Northwestern contemporary, Craftsman, and traditional designs. Homes typically feature three to four bedrooms, with inland properties ranging from $2 million to $4 million, while lakeside homes along Lake Washington can reach up to $8 million. The area is known for its low inventory and high demand, making it a strong seller’s market. Outdoor activities are abundant, with Lake Washington providing ample opportunities for lakeside recreation and several hiking trails, including the Fleury Trail with its scenic lookout points. The Mercer Island Beach Club offers tennis courts for members, and nearby Clarke Beach Park features swimming, fishing, and picnic areas. While Island Point lacks its own shops and restaurants, residents can easily access dining options like Mioposto Pizzeria, Pogocha, and Just Poke on the northern end of Mercer Island. Grocery stores such as QFC and Metropolitan Market are conveniently located. The neighborhood is well-connected, with Seattle just 7 miles away and Bellevue approximately 5 miles via U.S. Route 90. Public transportation is available along Island Crest Way. The Mercer Island School District is highly rated, with Lakeridge Elementary School, Islander Middle School, and Mercer Island High School all receiving top marks. The area is also safer than the national average, providing a low crime risk environment for residents.

Frequently Asked Questions

Is Island Point a good place to live?
Island Point is a good place to live. Island Point is considered car-dependent and somewhat bikeable with minimal transit options. It has a median age of 48. The average household income is $253,506 which is above the national average. College graduates make up 86.8% of residents. A majority of residents in Island Point are home owners, with 6.9% of residents renting and 93.1% of residents owning their home. A local real estate agent serving Island Point can help you decide if this neighborhood is the right one for you. Learn more on our Island Point neighborhood guide.
How much do you need to make to afford a house in Island Point?
The median home price in Island Point is $3,470,000. If you put a 20% down payment of $694,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $17,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $740K a year to afford the median home price in Island Point. The average household income in Island Point is $254K.
What are the best public schools in Island Point?
The best public schools that serve Island Point are:
What are the best private schools in Island Point?
The best private schools that serve Island Point are:
What are the most popular zip codes in Island Point, Mercer Island, WA?
The most popular zip codes in Island Point, Mercer Island, WA include 98040, 98056, 98118, 98178 and 98006.
What are the most popular neighborhoods near Island Point, Mercer Island, WA?
The most popular neighborhoods near Island Point, Mercer Island, WA are Tarywood, Parkwood - Mercer Firs, Kennydale, Dunlap and Seward Park.

Home Trends in Island Point, WA

Housing Trends

Median Sale Price
$3,037,500
Median Single Family Sale Price
$3,140,000
Average Price Per Sq Ft
$1,056
Number of Homes for Sale
14
Last 12 months Home Sales
24
Months of Supply
7.00
Median List Price
$3,470,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
How to Buy a Home How to Finance a Home How to Sell a Home