Listed by Windermere Real Estate/East
$7,250,000
NEW CONSTRUCTION

7254 N Mercer Way Mercer Island, WA 98040

North Mercer Neighborhood

Estimated payment $43,484/month

Total Views 1,147
5 Beds
5.5 Baths
5,100 Sq Ft
$1,422 Price per Sq Ft

Highlights

  • New Construction
  • Lake View
  • Deck
  • Northwood Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Engineered Wood Flooring

About This Home

A spotless and stunning new-construction home. Sited on the conveniently located north end with easy access to downtown Mercer Island, I-90, Bellevue and Seattle. Captivating lake and city views! Live exceptionally in this perfectly crafted masterpiece, featuring a great room concept with dramatic views which opens to an expansive deck with built-in barbeque and cooking station, two designer kitchens, ensuite bedrooms and the finest fixtures and finishes. High tech and high concept; wired for servers, generator, speakers and blinds. High tech security system. Garage has three outlets for EV charging. Multiple decks and patios present spot-on views of Bellevue's gleaming skyline and fireworks from summer celebrations.

Listing Agent

Patrick Moore

Windermere Real Estate/East License #32537

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2359638

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,470

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 5,100 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by GIB, LLC
  • North End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5315100056

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,470

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2025
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 5100
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • EstimatedCompletionDate: 2025-04-18
  • NewConstruction: Completed
  • DetachedDwellingSqFtFinished: 0
  • Special Features: NewHome
  • Cumulative Days on Market: 17

Interior Features

  • Fireplaces: 3
  • Basement: Daylight
  • Appliances: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Security System, Skylight(s), Walk-In Pantry, Water Heater
  • Living Area: 5100
  • Main Level Bathrooms: 1
  • Bathrooms: 5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 5100
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 2
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 5

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s)
  • View: Yes
  • Waterfront: No
  • Builder Name: GIB, LLC
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Radiant
  • Heating Yn: Yes
  • WaterHeaterLocation: basement
  • WaterHeaterType: tankless

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 5315100056
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.3261
  • Lot Size Sq Ft: 14203
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Builder's Plans
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 39470

Multi Family

  • EnergySource: Electric,Natural Gas

Map

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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 $44,661 $6,822,000 $2,211,000 $4,611,000
2023 $39,447 $5,731,000 $2,086,000 $3,645,000
2022 $34,346 $6,998,000 $2,347,000 $4,651,000
2021 $31,283 $4,665,000 $1,932,000 $2,733,000
2020 $12,820 $3,908,900 $1,840,000 $2,068,900
2018 $13,314 $1,595,000 $1,563,000 $32,000
2017 $11,432 $1,534,000 $1,503,000 $31,000
2016 $10,638 $1,404,000 $1,374,000 $30,000
2015 $10,292 $1,272,000 $1,244,000 $28,000
2014 -- $1,176,000 $1,150,000 $26,000
2013 -- $590,000 $590,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $7,250,000 -- $1,422 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2359638

Northwest Multiple Listing Service (NWMLS)

APN: 531510-0056

Washington King County Mercer Island 98040 North Mercer

7254 N Mercer Way, Mercer Island, WA

Homes for Sale in Mercer Island, WA

This home is located at 7254 N Mercer Way, Mercer Island, WA 98040 and is currently priced at $7,250,000, approximately $1,421 per square foot. This property was built in 2025. 7254 N Mercer Way is a home with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

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.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.

Patrick Moore
Listing Agent
Patrick Moore
Section Image
Windermere Real Estate/East
(425) 260-0123