3840 E Mercer Way Mercer Island, WA 98040
Estimated payment $57,941/month
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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2421783
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,650,000 | Chicago Title | |
| Warranty Deed | $340,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,022,500 | Adjustable Rate Mortgage/ARM |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2421783
APN: 082405-9038
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