Listed by COMPASS
$10,300,000

3840 E Mercer Way Mercer Island, WA 98040

Estimated payment $58,102/month

Total Views 5,170
5 Beds
4.5 Baths
6,117 Sq Ft
$1,684 Price per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Two Primary Bedrooms
  • Northwood Elementary School Rated A
  • Wine Cellar
  • Lake View

About This Home

Magnificent Modern Waterfront! Custom-built & recently transformed into an elevated lakeside oasis: 154’ prime lakefront, re-decked deepwater dock w/ covered boat lift, built-in BBQ & level lawn. Ideal Northend location – dream commute! Spectacular full remodel w/ gourmet kitchen, updated baths, elevator, new fixtures, lighting, windows, flooring, siding & more. Light, bright spaces w/ clean lines & walls of windows taking in panoramic lake & mtn views from nearly every room. Incredible layout w/ space for all: 4 of 5 BDRs up together incl. luxe owner’s suite w/ private deck & 5-pc bath. 4 more baths+ office & gym/flex 6th BDR. Soaring ceilings w/ nana doors seamlessly connect to outdoor entertaining spaces. Waterfront living at its finest.

Listing Agent

Kelly Weisfield

COMPASS License #109428 Listed on: 08/19/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2421783

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,926

Year Built

  • Built in 1983

Lot Details

  • 0.62 Acre Lot
  • Low Bank Waterfront Property
  • 154 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 6,117 Sq Ft Home
  • Multi-Level Property
  • Elevator
  • Wet Bar
  • Skylights
  • 3 Fireplaces
  • Electric Fireplace
  • French Doors
  • Wine Cellar
  • Dining Room

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Bulkhead
  • Docks
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Smart Home Wiring
  • Generator Hookup
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eastside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0824059038

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,926

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1983
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Contemporary
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 6117
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 3
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Upper (4th Floor)
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Second Primary Bedroom, Bath Off Primary, Double Pane/Storm Window, Dining Room, Elevator, Fireplace, French Doors, Security System, Skylight(s), SMART Wired, Walk-In Closet(s), Water Heater, Wet Bar, Wine Cellar, Wired for Generator
  • Living Area: 6117
  • Bathrooms: 4
  • BathsFullMain: 0
  • FireplacesMain: 3
  • SquareFootageFinished: 6117
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 5
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Low Bank, Bulkhead, Lake
  • Waterfront: Yes
  • Construction Type: Concrete, Metal/Vinyl, Wood
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 154

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Security System
  • Cooling: Central A/C, Ductless, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Ductless, Forced Air, Heat Pump, Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Mercer Island
  • WaterCompany: City of Mercer Island
  • WaterHeaterLocation: Mechanical room
  • WaterHeaterType: Gas, 2 40 gal water heaters

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 0824059038
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.6185
  • Lot Size Sq Ft: 26943
  • Zoning: R-9.6
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,Gas Available,High Speed Internet,Irrigation,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 41926

Multi Family

  • EnergySource: Electric,Natural Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $41,926 $6,404,000 $3,809,000 $2,595,000
2023 $42,027 $6,129,000 $3,594,000 $2,535,000
2022 $37,716 $6,854,000 $4,043,000 $2,811,000
2021 $37,803 $5,123,000 $3,328,000 $1,795,000
2020 $35,759 $4,724,000 $3,170,000 $1,554,000
2018 $44,841 $5,356,000 $3,609,000 $1,747,000
2017 $37,859 $5,170,000 $3,471,000 $1,699,000
2016 $35,212 $4,653,000 $3,173,000 $1,480,000
2015 $33,920 $4,214,000 $2,872,000 $1,342,000
2014 -- $3,879,000 $2,655,000 $1,224,000
2013 -- $3,357,000 $1,877,000 $1,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2025 08/19/25 For Sale $10,300,000 +121.5% $1,684 / Sq Ft
07/20/2018 07/20/18 Sold $4,650,000 -2.1% $760 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $4,750,000 -- $777 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,650,000 Chicago Title
Warranty Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,022,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2421783

Northwest Multiple Listing Service (NWMLS)

APN: 082405-9038