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Mercer Island Estates Home for Sale

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  • 8407 SE 69th Place, Mercer Island, WA 98040
    8407 SE 69th Place, Mercer Island, WA 98040
    8407 SE 69th Place, Mercer Island, WA 98040
    /40

    $2,275,000

    • 4 Beds
    • 3 Baths
    • 2,350 Sq Ft

    8407 SE 69th Place, Mercer Island, WA 98040

    Opportunity on Mercer Island to own a quality Burnstead built home on the Southend. Tucked away on a private lane, offering a spacious & low-maintenance yard. Live a car-free life just moments from a premium grocery store, coffee shop, restaurants, parks & award-winning schools. Chef's kitchen including large island w/storage, premium appliances, high-end maple cabinetry & bar seating. Kitchen

    Christy Shiers Windermere Real Estate/East

    8407 SE 69th Place, Mercer Island, WA 98040
Washington Mercer Island Mercer Island Estates

Real Estate & Homes for Sale in Mercer Island Estates, Mercer Island

Why Live in Mercer Island Estates

Mercer Island Estates is a neighborhood characterized by its diverse architectural styles, including single-story ramblers, midcentury moderns, and various split-level homes, often situated on wide streets or quiet cul-de-sacs. The area is notably safer than the national average, with a low crime risk. Residents enjoy proximity to several parks, such as Pioneer Park, which offers 113 acres of forested trails for walking and horseback riding. South Mercer Playfields and Island Crest Park provide sports facilities, while Deane’s Children's Park, known as “Dragon Park,” features a unique dragon-shaped play structure. The Mercer Island Loop is popular for biking, and Wildwood Park allows dogs to roam freely. Local amenities include a commercial plaza with dining options like Riviera Maya and Toshi’s Teriyaki, as well as grocery shopping at QFC. The Mercer Island Farmers Market operates from June to September, offering organic produce and live music. The neighborhood is well-connected, with Interstate 90 providing access to Seattle and Bellevue, and public transportation available via King County Metro and Sound Transit. Highly rated schools, including Lakeridge Elementary, Islander Middle, and Mercer Island High School, serve the area, with the high school band having performed in the 2023 Macy’s Thanksgiving Day Parade.

Learn more about living in Mercer Island Estates

Frequently Asked Questions

Is Mercer Island Estates a good place to live?
Mercer Island Estates is a good place to live. Mercer Island Estates is considered car-dependent and somewhat bikeable with minimal transit options. Mercer Island Estates is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Mercer Island Estates has 5 parks for recreational activities. It has a median age of 48. The average household income is $249,215 which is above the national average. College graduates make up 89% of residents. A majority of residents in Mercer Island Estates are home owners, with 6.8% of residents renting and 93.2% of residents owning their home. A local real estate agent serving Mercer Island Estates can help you decide if this neighborhood is the right one for you. Learn more on our Mercer Island Estates neighborhood guide.
Is Mercer Island Estates, WA a safe neighborhood?
Mercer Island Estates, WA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Mercer Island Estates?
The median home price in Mercer Island Estates is $2,325,000. If you put a 20% down payment of $465,000 and had a 30-year fixed mortgage with an interest rate of 6.84%, your estimated principal and interest payment would be $12,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $522K a year to afford the median home price in Mercer Island Estates. The average household income in Mercer Island Estates is $249K.
What are the best public schools in Mercer Island Estates?
The best public schools that serve Mercer Island Estates are:
What are the best private schools in Mercer Island Estates?
The best private schools that serve Mercer Island Estates are:
What are the most popular zip codes in Mercer Island Estates, Mercer Island, WA?
The most popular zip codes in Mercer Island Estates, Mercer Island, WA include 98033, 98052, 98103, 98034 and 98115.
What are the most popular neighborhoods near Mercer Island Estates, Mercer Island, WA?
The most popular neighborhoods near Mercer Island Estates, Mercer Island, WA are Tarywood, Scalzo Scar, Island Point, Parkwest and Parkwood - Mercer Firs.

Home Trends in Mercer Island Estates, WA

On average, homes in Mercer Island Estates, Mercer Island sell after 6 days on the market compared to the national average of 49 days. The median sale price for homes in Mercer Island Estates, Mercer Island over the last 12 months is $2,407,126, up 18% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$2,407,126
Median Single Family Sale Price
$2,353,563
Average Price Per Sq Ft
$919
Number of Homes for Sale
1
Last 12 months Home Sales
5
Months of Supply
2.40
Median List Price
$2,325,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
18%
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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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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