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. Island Point has 1 park for recreational activities. It has a median age of 48. The average household income is $255,175 which is above the national average. College graduates make up 87.1% of residents. A majority of residents in Island Point are home owners, with 7.4% of residents renting and 92.6% 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 $3,085,000. If you put a 20% down payment of $617,000 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $15,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $647K a year to afford the median home price in Island Point. The average household income in Island Point is $255K.
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?
What are the most popular neighborhoods near Island Point, Mercer Island, WA?
Home Trends in Island Point, WA
On average, homes in Island Point, Mercer Island sell after 26 days on the market compared to the national average of 53 days. The median sale price for homes in Island Point, Mercer Island over the last 12 months is $2,995,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$2,995,000
Median Single Family Sale Price
$3,000,000
Average Price Per Sq Ft
$1,037
Number of Homes for Sale
13
Last 12 months Home Sales
37
Median List Price
$3,085,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%
