5037 W Mercer Way Mercer Island, WA 98040
Forest Avenue NeighborhoodEstimated payment $21,903/month
Highlights
- Lake View
- Deck
- Property is near public transit
- Island Park Elementary School Rated A
- Contemporary Architecture
- Vaulted Ceiling
About This Home
NW contemporary luxury on an expansive western-facing lot. Bask in sweeping lake and sunset views from the elegant primary suite and Great Room. The open-plan main floor features a formal dining area with built ins adjacent to a chef’s kitchen with a quartz island and premium stainless appliances. Entertain effortlessly around the gas fireplace, with immersive sound from ceiling speakers. The master suite offers a spa-like retreat with digital Moen shower control, Kohler soaking tub, and heated floors. Additional highlights include 3 sets of French doors that open to the spacious Trex deck, extended patio, Main floor guest suite, bonus room, energy-efficient HVAC, and a two-car garage with two 240 V charging outlets.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2422431
Open House Schedule
-
Sunday, October 12, 202511:00 am to 1:00 pm10/12/2025 11:00:00 AM +00:0010/12/2025 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,793
Year Built
- Built in 2021
Lot Details
- 0.36 Acre Lot
- Partially Fenced Property
- Level Lot
- Sprinkler System
- Garden
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Territorial
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Metal Roof
- Stone Siding
- Cement Board or Planked
- Wood Composite
- Stone
Interior Spaces
- 4,688 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Storm Windows
Kitchen
- Walk-In Pantry
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Island Park Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Central Air
- High Efficiency Heating System
- Heat Pump System
- Radiant Heating System
- Generator Hookup
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Mercer Island Subdivision
- Electric Vehicle Charging Station
Listing and Financial Details
- Assessor Parcel Number 1924059345
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 | $21,659 | $3,307,000 | $1,166,000 | $2,141,000 |
| 2023 | $21,793 | $3,165,000 | $1,100,000 | $2,065,000 |
| 2022 | $17,340 | $3,865,000 | $1,238,000 | $2,627,000 |
| 2021 | $11,111 | $2,354,000 | $1,019,000 | $1,335,000 |
| 2020 | $6,213 | $1,387,000 | $971,000 | $416,000 |
| 2018 | $6,055 | $770,000 | $770,000 | $0 |
| 2017 | $5,200 | $697,000 | $697,000 | $0 |
| 2016 | $4,839 | $638,000 | $638,000 | $0 |
| 2015 | $4,687 | $578,000 | $578,000 | $0 |
| 2014 | -- | $535,000 | $535,000 | $0 |
| 2013 | -- | $501,000 | $501,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $3,788,800 | +8.9% | $808 / Sq Ft | |
| 02/18/2022 02/18/22 | Sold | $3,480,000 | -3.3% | $742 / Sq Ft | View Prior Sale |
| 01/21/2022 01/21/22 | Pending | -- | -- | -- | |
| 01/15/2022 01/15/22 | For Sale | $3,599,950 | +3.4% | $768 / Sq Ft | |
| 01/15/2022 01/15/22 | Off Market | $3,480,000 | -- | -- | |
| 01/14/2022 01/14/22 | Price Changed | $3,599,950 | 0.0% | $768 / Sq Ft | |
| 01/14/2022 01/14/22 | For Sale | $3,599,950 | +3.4% | $768 / Sq Ft | |
| 12/24/2021 12/24/21 | Off Market | $3,480,000 | -- | -- | |
| 12/09/2021 12/09/21 | Price Changed | $3,699,950 | -2.6% | $789 / Sq Ft | |
| 11/21/2021 11/21/21 | For Sale | $3,799,950 | -- | $811 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,480,000 | Chicago Title | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,436,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2422431
APN: 192405-9345
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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.
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