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Mercerdale Homes for Sale

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  • 7930 SE 34th St Unit 513, Mercer Island, WA 98040
    7930 SE 34th St Unit 513, Mercer Island, WA 98040
    7930 SE 34th St Unit 513, Mercer Island, WA 98040
    /25

    $620,000

    • 2 Beds
    • 2 Baths
    • 999 Sq Ft

    7930 SE 34th St Unit 513, Mercer Island, WA 98040

    Walk to everything downtown Mercer Island—including shopping, dining, parks, and the upcoming light rail station—from this top-floor, light-filled end unit! Soaring vaulted ceilings and large windows create a bright and open feel throughout. Enjoy a spacious layout with a seamless flow between the living and dining areas, plus balconies off both the living room and primary suite for relaxing

    Brian Slete Redfin

    7930 SE 34th St Unit 513, Mercer Island, WA 98040
  • 73 xx SE 38th St, Mercer Island, WA 98040
    73 xx SE 38th St, Mercer Island, WA 98040
    73 xx SE 38th St, Mercer Island, WA 98040
    /17

    $825,000

    • Land
    • 0.25 Acre
    • $3,297,362 per Acre

    73 xx SE 38th St, Mercer Island, WA 98040

    Build your Mercer Island dream home on this private, tree-lined parcel tucked away on a quiet dead-end road. Surrounded by mature evergreens, this serene setting offers filtered western lake and territorial views. Ideally located just minutes from I-90 & future light rail, you'll enjoy both peaceful seclusion and everyday convenience. The east boundary is adjacent to the MI walking trail for

    Maggie Grimm Windermere RE/Capitol Hill,Inc

    73 xx SE 38th St, Mercer Island, WA 98040
  • 3639 W Mercer Way, Mercer Island, WA 98040
    3639 W Mercer Way, Mercer Island, WA 98040
    3639 W Mercer Way, Mercer Island, WA 98040
    /40

    $9,995,000

    • 4 Beds
    • 4.5 Baths
    • 5,040 Sq Ft

    3639 W Mercer Way, Mercer Island, WA 98040

    Reintroducing the ultimate Mercer Island lifestyle. A bespoke home on 100' of unparalleled west facing Lake WA frontage is built at the water’s edge. Designed for indoor/outdoor living and entertaining; the one-of-a-kind terrace perched over the water could not be built today. French doors and folding windows link al fresco energy to the warmth inside. Studs up remodel in 2016 spared no expense

    Terry Allen Coldwell Banker Bain

    3639 W Mercer Way, Mercer Island, WA 98040
  • 6950 SE Maker St, Mercer Island, WA 98040
    6950 SE Maker St, Mercer Island, WA 98040
    6950 SE Maker St, Mercer Island, WA 98040
    /40

    $4,698,000 New Construction

    • 4 Beds
    • 4.5 Baths
    • 3,936 Sq Ft

    6950 SE Maker St, Mercer Island, WA 98040

    Awesome price improvement for RKK Construction’s newest offering in the highly sought-after First Hill neighborhood, showcasing sweeping western views of Lake Washington, Seward Park, & the Olympic Mountains. An innovative modern design embraces the essence of PNW living, w/a spectacular upper-level great room featuring walls of glass and expansive decks that blur the line between indoors & out.

    Lori Holden John L. Scott, Inc.

    6950 SE Maker St, Mercer Island, WA 98040
Washington King County Mercer Island Mercerdale

Real Estate & Homes for Sale in Mercerdale, Mercer Island

Why Live in Mercerdale
Mercerdale, a neighborhood in Mercer Island, features a mix of condos and single-family homes, many of which are midcentury modern with contemporary amenities. The area is known for its tranquil Mercerdale Park, which includes a native plants garden, a skate park, and a colorful playground. Homestead Field and Tennis Courts offer recreational spaces, while boaters can launch from Franklin Landing or Proctor Landing on Lake Washington. Dining options include Pagliacci Pizza, Homegrown, and Crawlspace Gastropub, and residents can shop for groceries at QFC and Metropolitan Market Mercer Island. The Mercer Island Thrift Shop is a community hub, supporting local youth and family services. Community events such as Mostly Music in the Park and Shakespeare in the Park are popular, and the Mercer Island Library hosts various activities, including ESL classes. The neighborhood is served by highly rated schools, including West Mercer Elementary School, Islander Middle School, and Mercer Island High School. Public transportation is accessible along SE 40th Street and Island Crest Way, with downtown Seattle 6.4 miles west and Bellevue 5.2 miles east. The area has a crime rate lower than the national average, contributing to its appeal for families and individuals alike.
Learn more about living in Mercerdale

Frequently Asked Questions

Is Mercerdale a good place to live?
Mercerdale is a good place to live. Mercerdale is considered car-dependent and somewhat bikeable with minimal transit options. Mercerdale has 5 parks for recreational activities. It has a median age of 47. The average household income is $181,222 which is above the national average. College graduates make up 73% of residents. A majority of residents in Mercerdale are home owners, with 24.1% of residents renting and 75.9% of residents owning their home. A local real estate agent serving Mercerdale can help you decide if this neighborhood is the right one for you. Learn more on our Mercerdale neighborhood guide.
Is Mercerdale, WA a safe neighborhood?
Mercerdale, WA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Mercerdale?
The median home price in Mercerdale is $2,060,000. If you put a 20% down payment of $412,000 and had a 30-year fixed mortgage with an interest rate of 6.24%, your estimated principal and interest payment would be $10,140 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $435K a year to afford the median home price in Mercerdale. The average household income in Mercerdale is $181K.
What are the best public schools in Mercerdale?
The best public schools that serve Mercerdale are:
What are the best private schools in Mercerdale?
The best private schools that serve Mercerdale are:
What are the most popular zip codes in Mercerdale, Mercer Island, WA?
The most popular zip codes in Mercerdale, Mercer Island, WA include 98040, 98118, 98004, 98144 and 98006.
What are the most popular neighborhoods near Mercerdale, Mercer Island, WA?
The most popular neighborhoods near Mercerdale, Mercer Island, WA are East Seattle, Downtown Mercer Island, Forest Avenue, Shorewood and Mercerwood.
Are home prices dropping in Mercerdale?
Yes, home prices in Mercerdale are down 2% in the last 12 months.

Home Trends in Mercerdale, WA

On average, homes in Mercerdale, Mercer Island sell after 18 days on the market compared to the national average of 53 days. The median sale price for homes in Mercerdale, Mercer Island over the last 12 months is $2,122,500, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$2,122,500
Median Single Family Sale Price
$2,425,000
Median 2 Bedroom Sale Price
$608,000
Average Price Per Sq Ft
$854
Number of Homes for Sale
3
Last 12 months Home Sales
26
Months of Supply
1.40
Median List Price
$2,060,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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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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