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Shorewood Homes for Sale

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  • /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
  • /18

    $565,000

    • 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
  • /40

    $3,799,000 New Construction

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

    8456 SE 40th St, Mercer Island, WA 98040

    Modern masterpiece on a large lot with no HOA, just a 2-minutes walk to Northwood Elementary. Open-concept design features a chef’s kitchen with gourmet island, solid wood European-style cabinets, and Wolf/Sub-Zero appliances. Formal living and dining rooms, private office, and covered patio with Infratech heaters and fireplace offer year-round comfort. Wide-plank European oak floors, Andersen

    Ka Ming Wong Kelly Right RE of Seattle 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 central it is. The highway just goes right across it," says Andrea Pirzio-Biroli, a managing broker with John L Scott Real Estate, who grew up here. Single-family home options include 1950s to '70s ramblers and traditionals, many of which have been remodeled. Prices range from about $1.7 million to $2.4 million for these older homes. In contrast, larger contemporary homes dating to the 2010s and on are typically $3 million to $4.5 million.The island's largest apartment community is here. There are also condos, though the number of listings on the market may be limited. Values are estimated in the $400,000s to over $2 million, depending on size and age. Northwood Elementary School and Islander Middle School earn A grades from Niche. Mercer Island High School receives an A-plus and has a pool and water polo teams. The private French American School of Puget Sound, graded A-plus, is nearby.

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.
Is Shorewood, WA a safe neighborhood?
Shorewood, 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 Shorewood?
The median home price in Shorewood is $267,000. If you put a 20% down payment of $53,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $59K 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.

Home Trends in Shorewood, WA

Housing Trends

Median Sale Price
$239,900
Median Single Family Sale Price
$239,900
Average Price Per Sq Ft
$198
Number of Homes for Sale
0
Last 12 months Home Sales
10
Months of Supply
0.00
Median List Price
$267,000
Median Change From 1st List Price
1%
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