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Shorewood Homes for Sale

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  • /25

    $550,000

    • 2 Beds
    • 1.5 Baths
    • 940 Sq Ft

    3208 81st Place SE Unit 102, Mercer Island, WA 98040

    Amazing location! Ask us about Seller paid rate buy down or prepaid homeowner’s dues! Open kitchen & living space. No stairs necessary to get to this unit, providing gentle access, privacy & convenience - Info available on elevator. Large covered parking space, pet friendly community w/ NO RENTAL CAP. Public transportation, light-rail opening early 2026 + neighborhood shopping & dining in this

    Scott Whittlesey Windermere Real Estate/East

    3208 81st Place SE Unit 102, Mercer Island, WA 98040
  • /34

    $1,798,000

    • 3 Beds
    • 3.5 Baths
    • 3,571 Sq Ft

    3304 81st Place SE Unit D, Mercer Island, WA 98040

    Rare opportunity! 3-level modern townhm, end unit (3,571+ SF) is 1 of 4 in a private, upscale MI enclave on the coveted N. End.Set in a serene, lush hillside, it offers privacy, style, & light-filled living.The spacious primary suite boasts a sitting area, spa-like bath & partial lake view/mt on upper level.Flexible flr plan w/3BRs, 3.5BAs, den + large bonus room.Enjoy deck w/retractable awning &

    Debbie Constantine John L. Scott, Inc.

    3304 81st Place SE Unit D, Mercer Island, WA 98040
  • /40

    $2,380,000

    • 4 Beds
    • 2 Baths
    • 2,720 Sq Ft

    3706 84th Ave SE, Mercer Island, WA 98040

    On the market for the first time in five decades! Very convenient north end location. Highly sought after Madrona Crest neighborhood. Unique family home on a private, level 13,200sqft. corner lot. Create a dream home with sunset views & no neighbors to the west. Community zoning minimum of 8,400sqft. Interim regulations allow for a duplex or two DADU’s- buyer to verify. Blocks from Northwood

    Julia Evans John L. Scott, Inc

    3706 84th Ave SE, Mercer Island, WA 98040
  • /40

    $3,700,000 Open Sun 1PM - 4PM

    • 5 Beds
    • 4.5 Baths
    • 4,270 Sq Ft

    8456 SE 40th St, Mercer Island, WA 98040

    Brand new luxury Mercer Island home on a level lot in the heart of Mercer Island, just steps from Northwood Elementary and with easy access to I-90. Enter through grand double doors into a soaring high-ceiling foyer that sets the tone for this sun-drenched home, featuring wide-plank oak floors, stately solid-wood doors, and a gourmet kitchen with Wolf/Sub-Zero appliances and European cabinetry.

    Sherry Zuo Best Choice Realty LLC

    8456 SE 40th St, Mercer Island, WA 98040

Why Live in Shorewood

Shorewood is on the north end of Mercer Island, which is a small city in the middle of Lake Washington. Interstate 90's floating bridges connect the island to Seattle and Bellevue. "One of the points that makes Mercer Island a big seller is how ...

Frequently Asked Questions

Is Shorewood a good place to live?
Shorewood is a good place to live. Shorewood is considered car-dependent and somewhat bikeable with some transit options. Shorewood has 2 parks for recreational activities. It has a median age of 38. The average household income is $160,127 which is above the national average. College graduates make up 76.7% of residents. A majority of residents in Shorewood are renters, with 62.3% of residents renting and 37.7% of residents owning their home. A local real estate agent serving Shorewood can help you decide if this neighborhood is the right one for you. Learn more on our Shorewood neighborhood guide.
How much do you need to make to afford a house in Shorewood?
The median home price in Shorewood is $2,272,500. If you put a 20% down payment of $454,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $11,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $495K a year to afford the median home price in Shorewood. The average household income in Shorewood is $160K.
What are the best public schools in Shorewood?
The best public schools that serve Shorewood are:
What are the best private schools in Shorewood?
The best private schools that serve Shorewood are:
What are the most popular zip codes in Shorewood, Mercer Island, WA?
The most popular zip codes in Shorewood, Mercer Island, WA include 98040, 98004, 98006, 98005 and 98039.
What are the most popular neighborhoods near Shorewood, Mercer Island, WA?
The most popular neighborhoods near Shorewood, Mercer Island, WA are North Mercer, Downtown Mercer Island, Mercerdale, Mercerwood and Forest Avenue.
Are home prices dropping in Shorewood?
Yes, home prices in Shorewood are down 1% in the last 12 months.

Home Trends in Shorewood, WA

Housing Trends

Median Sale Price
$2,257,000
Median Single Family Sale Price
$2,382,500
Median Townhouse Sale Price
$1,798,000
Median 2 Bedroom Sale Price
$580,000
Average Price Per Sq Ft
$916
Number of Homes for Sale
4
Last 12 months Home Sales
12
Months of Supply
4.00
Median List Price
$2,272,500
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-16%
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