Listed by Keller Williams Rlty Bellevue
$9,398,000
PENDING

Estimated payment $53,592/month

Total Views 108,114
6 Beds
8 Baths
9,640 Sq Ft
$975 Price per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Lake View
  • Island Park Elementary School Rated A
  • Indoor Pool
  • Deck

About This Home

Iconic Mercer Island Waterfront! Set on 89’ of low-bank Lake Washington shoreline, along the coveted Butterworth Rd, this partially renovated home presents a rare framework to create a signature waterfront masterpiece. Private 95’ seaplane capable dock, 54’ indoor lap pool, and a grand atrium. Embrace East-facing exposure with panoramic water, sunrise and moonrise views. Existing updates provide a head start to utilize this canvas to bring your vision to fruition. Implement your creativity while enjoying seamless indoor & outdoor living with timeless lake views. Premier location with top-tier schools, parks, and the best of the PNW. A rare chance to shape a custom waterfront estate in one of Mercer Island’s most desired enclaves.

Listing Agent

Michael Nix

Keller Williams Rlty Bellevue License #22035288 Listed on: 09/29/2025

Keller Williams Rlty Bellevue

Co-Listing Agent

Scott Nicholson

Keller Williams Rlty Bellevue License #109205

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2438780

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,896

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Low Bank Waterfront Property
  • 89 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 9,640 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Rough-In Basement

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathroom on Main Level

Outdoor Features

  • Indoor Pool
  • Bulkhead
  • Docks
  • Deck
  • Patio

Schools

  • Islander Mid Middle School
  • Mercer Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Mercer Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1924059029

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,896

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1983
  • Inclusions: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s),Stove(s)/Range(s)
  • MLS Status: Pending
  • Prev Status: Pending
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 9640
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Roughed In
  • Appliances: Dishwasher(s), Disposal, Double Oven, Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Location: Main
  • Fireplace Features: Electric, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl Plank
  • Interior Amenities: Fireplace, Indoor Pool, Sprinkler System, Vaulted Ceiling(s), Water Heater
  • Living Area: 9640
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • BathsFullMain: 3
  • SquareFootageFinished: 9640
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 2
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Dead End Street, Paved
  • Pool Features: Indoor
  • View: Yes
  • Waterfront Features: Low Bank, Bulkhead, Lake, No Bank
  • Waterfront: Yes
  • Construction Type: Stucco, Wood
  • Direction Faces: West
  • Exterior Features: Stucco, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • PoolType: Indoor
  • WaterfrontFootage: 89

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Mercer Island
  • WaterCompany: Mercer Island
  • WaterHeaterLocation: Downstairs
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island
  • High School: Mercer Isl High
  • Middle Or Junior School: Islander Mid

Lot Info

  • Parcel Number: 1924059029
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Zoning: R15
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Fenced-Partially,Gas Available,High Speed Internet,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: King County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 49896

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $49,896 $7,622,000 $2,973,000 $4,649,000
2023 $49,264 $7,158,000 $2,805,000 $4,353,000
2022 $44,044 $8,005,000 $3,156,000 $4,849,000
2021 $42,274 $5,983,000 $2,598,000 $3,385,000
2020 $46,438 $5,283,000 $2,475,000 $2,808,000
2018 $50,564 $6,040,000 $2,161,000 $3,879,000
2017 $44,130 $5,830,000 $2,078,000 $3,752,000
2016 $41,042 $5,424,000 $1,900,000 $3,524,000
2015 $39,540 $4,912,000 $1,720,000 $3,192,000
2014 -- $4,522,000 $1,590,000 $2,932,000
2013 -- $4,305,000 $1,549,000 $2,756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2025 10/26/25 Pending -- -- --
09/29/2025 09/29/25 For Sale $9,398,000 +101.3% $975 / Sq Ft
06/24/2014 06/24/14 Sold $4,668,000 0.0% $484 / Sq Ft View Prior Sale
04/08/2014 04/08/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $4,668,000 -- $484 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $313 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $4,668,000 Chicago Title
Quit Claim Deed -- Chicago Title
Bargain Sale Deed $2,880,000 Chicago Title
Trustee Deed $2,577,920 Pacific Nw Tit
Warranty Deed $1,975,000 Transnation Title Insurance
Warranty Deed -- Safeco Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 Construction
Previous Owner $2,500,000 New Conventional
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $300,000 No Value Available
Source: Public Records

About the Listing Agent

Michael Nix

Keller Williams Rlty Bellevue

(206) 502-4190

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Michaels's goal in every transaction is to ensure every client’s needs, desires and expectations are satisfied in the best way possible. Whether he is assisting with the sale or purchase of new construction, mid/old century, multi-family, land, or a teardown, you can count on Michael to provide a knowledgeable, smooth, and transparent transactional experience.

Whether it is an investment in your first home, a luxury property, or an addition to your real estate portfolio, Michael

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2438780

Northwest Multiple Listing Service (NWMLS)

APN: 192405-9029