7220 N Mercer Way Mercer Island, WA 98040
North Mercer NeighborhoodEstimated payment $39,279/month
Highlights
- Lake Front
- 0.57 Acre Lot
- No HOA
- Northwood Elementary School Rated A
- Secluded Lot
About This Lot
An extraordinary canvas for building your dream waterfront estate. This prime half-acre property on Mercer Island’s sought-after North End captures breathtaking views of the glittering Bellevue skyline and the tranquil waters of Lake WA. With 82+ feet of private shoreline, a gated entry, lush natural beauty, it’s ready for your vision to unfold. Enjoy a U-shaped covered dock with deep-water moorage and a water’s-edge cabana for lakeside gatherings. From sunrise paddles to twilight moments by the water, this property offers a front-row seat to the best of lakefront living—mins to downtown MI, parks, and top-rated schools, with easy connections to Bellevue and Seattle. Renderings are conceptual only; pricing reflects land value only.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2449152
Property Details
Property Type
- Land
Est. Annual Taxes
- $44,243
Lot Details
- 0.57 Acre Lot
- Lake Front
- Secluded Lot
- Sloped Lot
Property Views
- Lake
- City
Schools
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Sewer in Street
Community Details
- No Home Owners Association
- North End Subdivision
Listing and Financial Details
- Assessor Parcel Number 5315100033
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 | $44,243 | $6,758,000 | $5,738,000 | $1,020,000 |
| 2023 | $43,685 | $6,347,000 | $5,414,000 | $933,000 |
| 2022 | $41,793 | $7,596,000 | $6,090,000 | $1,506,000 |
| 2021 | $40,114 | $5,677,000 | $5,013,000 | $664,000 |
| 2020 | $39,500 | $5,013,000 | $4,775,000 | $238,000 |
| 2018 | $54,804 | $6,547,000 | $4,459,000 | $2,088,000 |
| 2017 | $47,830 | $6,319,000 | $4,288,000 | $2,031,000 |
| 2016 | $44,483 | $5,879,000 | $3,920,000 | $1,959,000 |
| 2015 | $42,853 | $5,324,000 | $3,548,000 | $1,776,000 |
| 2014 | -- | $4,901,000 | $3,280,000 | $1,621,000 |
| 2013 | -- | $4,701,000 | $3,200,000 | $1,501,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $6,800,000 | +41.7% | -- | |
| 08/21/2019 08/21/19 | Sold | $4,800,000 | -4.0% | $874 / Sq Ft | View Prior Sale |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- | |
| 07/09/2019 07/09/19 | Price Changed | $4,999,000 | -3.9% | $911 / Sq Ft | |
| 07/08/2019 07/08/19 | For Sale | $5,200,000 | +8.3% | $947 / Sq Ft | |
| 07/08/2019 07/08/19 | Off Market | $4,800,000 | -- | -- | |
| 06/10/2019 06/10/19 | For Sale | $5,200,000 | +20.9% | $947 / Sq Ft | |
| 04/30/2018 04/30/18 | Sold | $4,300,000 | -33.8% | $947 / Sq Ft | View Prior Sale |
| 02/24/2018 02/24/18 | Pending | -- | -- | -- | |
| 08/28/2017 08/28/17 | For Sale | $6,500,000 | -- | $1,432 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,800,000 | Chicago Title | |
| Bargain Sale Deed | $4,300,000 | Old Republic Title Ltd | |
| Warranty Deed | $3,980,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,795,000 | Adjustable Rate Mortgage/ARM |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2449152
APN: 531510-0033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
- 7254 N Mercer Way
- 2236 66th Ave SE
- 2463 74th Ave SE
- 2440 64th Ave SE
- 2246 81st Ave SE
- 7800 SE 27th St Unit 503
- 2500 81st Ave SE Unit C329
- 7600 SE 29th St Unit A501
- 28 XX 68th Ave SE
- 2918 74th Ave SE
- 3011 70th Ave SE
- 2920 76th Ave SE Unit 411
- 2965 74th Ave SE
- 2980 76th Ave SE Unit 201
- 3055 80th Ave SE Unit 107
- 8428 N Mercer Way
- 3260 80th Ave SE Unit 1
- 7930 SE 34th St Unit 513
- 7930 SE 34th St Unit 209
- 8351 SE 31st St
- 2441 76th Ave SE
- 2601 76th Ave SE
- 7650 SE 27th St
- 2758 78th Ave SE
- 2939 76th Ave SE Unit 42-A
- 2836 78th Ave SE Unit 402
- 8428 N Mercer Way
- 3209 Shorewood Dr
- 4162 W Mercer Way
- 914 88th Ave NE
- 100 98th Ave NE
- 8 100th Ave NE Unit 201
- 324 102nd Ave SE
- 527-537 Bellevue Way SE
- 16 Enatai Dr
- 425-427 Bellevue Way SE
- 9901 NE 4th St Unit 3
- 1044 89th Ave NE
- 75 102nd Ave NE
- 88 102nd Ave NE