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Parkwest Homes for Sale

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  • 5222 W Mercer Way, Mercer Island, WA 98040
    5222 W Mercer Way, Mercer Island, WA 98040
    5222 W Mercer Way, Mercer Island, WA 98040
    /40

    $2,795,000 Open Sun 2PM - 4PM

    • 4 Beds
    • 3.5 Baths
    • 3,230 Sq Ft

    5222 W Mercer Way, Mercer Island, WA 98040

    Soaring, light-filled spaces and lush garden views define this updated West Mercer Tudor storybook Tudor where timeless elegance meets modern comfort. Cathedral ceilings, hardwoods, fireplaces, and custom built-ins add character, while French doors open to patios, meandering paths, play space, and a soothing waterfall. Gather in elegant living/dining rooms, cook in the chef’s kitchen with quartz

    Agent Photo

    Michele Schuler

    Realogics Sotheby's Int'l Rlty

    (206) 466-3787

    5222 W Mercer Way, Mercer Island, WA 98040
  • 8413 SE 53rd Place, Mercer Island, WA 98040
    8413 SE 53rd Place, Mercer Island, WA 98040
    8413 SE 53rd Place, Mercer Island, WA 98040
    /32

    $2,535,000 Open Sun 1PM - 4PM

    • 4 Beds
    • 3 Baths
    • 3,020 Sq Ft

    8413 SE 53rd Place, Mercer Island, WA 98040

    Touches of western light—sunset glow, city lights & lake glimpses—bring warmth to this mid-island home in the desirable Lansdowne Lane neighborhood. A gracious entry opens to vaulted ceilings & floor-to-ceiling windows that fill the living, dining, kitchen & family rms w/natural light. Chef’s kitchen features solid walnut cabinetry, Miele ovens, a Viking range w/grill/griddle, Subzero fridge,

    Katie Penny Shea Coldwell Banker Bain

    8413 SE 53rd Place, Mercer Island, WA 98040
Washington King County Mercer Island Parkwest

Real Estate & Homes for Sale in Parkwest, Mercer Island

Why Live in Parkwest
Set on a hillside overlooking Lake Washington, Parkwest is a scenic Mercer Island neighborhood offering a peaceful retreat into nature. “One of the things that’s very interesting about Parkwest is it’s a beautifully set table. If you could put homes ...
Learn more about living in Parkwest

Frequently Asked Questions

Is Parkwest a good place to live?
Parkwest is a good place to live. Parkwest is considered very car-dependent and somewhat bikeable with minimal transit options. Parkwest has 2 parks for recreational activities. It has a median age of 46. The average household income is $260,203 which is above the national average. College graduates make up 87.9% of residents. A majority of residents in Parkwest are home owners, with 7.4% of residents renting and 92.6% of residents owning their home. A local real estate agent serving Parkwest can help you decide if this neighborhood is the right one for you. Learn more on our Parkwest neighborhood guide.
How much do you need to make to afford a house in Parkwest?
The median home price in Parkwest is $2,672,500. If you put a 20% down payment of $534,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $13,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $565K a year to afford the median home price in Parkwest. The average household income in Parkwest is $260K.
What are the best public schools in Parkwest?
The best public schools that serve Parkwest are:
What are the best private schools in Parkwest?
The best private schools that serve Parkwest are:
What are the most popular zip codes in Parkwest, Mercer Island, WA?
The most popular zip codes in Parkwest, Mercer Island, WA include 98040, 98118, 98006, 98056 and 98004.
What are the most popular neighborhoods near Parkwest, Mercer Island, WA?
The most popular neighborhoods near Parkwest, Mercer Island, WA are Forest Avenue, Parkwood - Mercer Firs, Ellis Pond, Appleton and Tarywood.
Are home prices dropping in Parkwest?
Yes, home prices in Parkwest are down 6% in the last 12 months.

Home Trends in Parkwest, WA

On average, homes in Parkwest, Mercer Island sell after 23 days on the market compared to the national average of 52 days. The median sale price for homes in Parkwest, Mercer Island over the last 12 months is $2,526,500, up 12% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$2,526,500
Median Single Family Sale Price
$2,550,000
Average Price Per Sq Ft
$859
Number of Homes for Sale
2
Last 12 months Home Sales
10
Months of Supply
2.40
Median List Price
$2,672,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
12%
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Based on information submitted to the MLS GRID

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