4802 E Mercer Way Mercer Island, WA 98040
Appleton NeighborhoodEstimated payment $31,816/month
Highlights
- Popular Property
- Low Bank Waterfront Property
- Community Boat Launch
- Island Park Elementary School Rated A
- Docks
- Spa
About This Home
Commanding fantastic Mt Rainier vistas across pristine Lake WA shores, this extraordinary 4,450 sq ft architectural gem presents a rare synthesis of possibility. 4 well-proportioned BR (including dual primary suite potential) & 4.5 bath create an enviable canvas for your vision. Easy road access to this residence unfolds as an entertainer's dream – sun-drenched living spaces overlooking tranquil waters to level grounds for gatherings. Multiple terraces designed for grand-scale hospitality. 100' + of low bank private waterfront w/majority dock ownership accommodating serious mariners. Quick access to I-90 corridors & Mercer Island's finest amenities. Crowned by top-rated schools, this is a legacy property awaiting its next visionary steward!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2422248
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,338
Year Built
- Built in 1980
Lot Details
- 0.54 Acre Lot
- Low Bank Waterfront Property
- 108 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- East Facing Home
- Partially Fenced Property
- Sprinkler System
Parking
- 3 Car Attached Garage
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 4,450 Sq Ft Home
- 1-Story Property
- 3 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Partially Finished Basement
- Natural lighting in basement
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Docks
- Deck
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating and Cooling System
- Propane
Additional Features
- Geothermal Energy System
- Number of ADU Units: 0
Listing and Financial Details
- Assessor Parcel Number 1924059069
Community Details
Overview
- No Home Owners Association
- East Mercer Subdivision
Recreation
- Community Boat Launch
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 | $36,338 | $5,550,000 | $3,600,000 | $1,950,000 |
| 2023 | $35,876 | $5,212,000 | $3,397,000 | $1,815,000 |
| 2022 | $32,079 | $5,829,000 | $3,822,000 | $2,007,000 |
| 2021 | $30,788 | $4,357,000 | $3,146,000 | $1,211,000 |
| 2020 | $31,591 | $3,847,000 | $2,997,000 | $850,000 |
| 2018 | $34,393 | $4,108,000 | $2,991,000 | $1,117,000 |
| 2017 | $30,018 | $3,965,000 | $2,876,000 | $1,089,000 |
| 2016 | $27,920 | $3,689,000 | $2,629,000 | $1,060,000 |
| 2015 | $26,900 | $3,341,000 | $2,380,000 | $961,000 |
| 2014 | -- | $3,076,000 | $2,200,000 | $876,000 |
| 2013 | -- | $2,928,000 | $2,346,000 | $582,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $5,500,000 | +57.1% | $1,236 / Sq Ft | |
| 11/04/2016 11/04/16 | Sold | $3,500,000 | -7.8% | $787 / Sq Ft | View Prior Sale |
| 09/13/2016 09/13/16 | Pending | -- | -- | -- | |
| 09/06/2016 09/06/16 | For Sale | $3,795,000 | -- | $853 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,500,000 | Fidelity Natio | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,075,000 | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2422248
APN: 192405-9069
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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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