8001 W Mercer Way Mercer Island, WA 98040
Island Point NeighborhoodEstimated payment $33,534/month
Highlights
- 100 Feet of Waterfront
- Docks
- Deck
- Lakeridge Elementary School Rated A+
- Lake View
- Contemporary Architecture
About This Home
Investor Alert: Down to the studs, just 10 feet from the water’s edge, this rare waterfront opportunity offers a perch for your vision. If you have the opportunity, time, and vision, you’ll find an extraordinary canvas—whether you restore or reimagine, the grandfathered foundation provides a starting point that could never be replicated under today’s regulations. Expansive views of Mount Rainier frame breathtaking sunrises and sunsets, while eagles soar overhead, deer roam the land, and gentle birdsong fills the air. A deep-water dock—once home to the owner’s 65-foot yacht—awaits your next adventure. Seize the chance to craft your dream waterfront retreat—where the roots are set, the views are timeless, and the possibilities are endless.
Co-Listing Agent
Liz Foley
Realogics Sotheby's Int'l Rlty License #141070
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2339030
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,043
Year Built
- Built in 1966
Lot Details
- 0.36 Acre Lot
- 100 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Southeast Facing Home
- Secluded Lot
- Sloped Lot
- Wooded Lot
- Value in Land
Property Views
- Lake
- Mountain
Home Design
- Contemporary Architecture
- Fixer Upper
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1,810 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- Bathroom on Main Level
Outdoor Features
- Bulkhead
- Docks
- Deck
- Patio
Schools
- Lakeridge Elementary School
- Islander Mid Middle School
- Mercer Isl High School
Utilities
- Forced Air Heating System
- Propane
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- West Mercer Subdivision
Listing and Financial Details
- Assessor Parcel Number 3358500005
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 | $23,891 | $3,648,000 | $3,047,000 | $601,000 |
| 2023 | $23,953 | $3,492,000 | $2,875,000 | $617,000 |
| 2022 | $21,498 | $3,905,000 | $3,235,000 | $670,000 |
| 2021 | $21,118 | $2,919,000 | $2,663,000 | $256,000 |
| 2020 | $17,856 | $2,638,000 | $2,537,000 | $101,000 |
| 2018 | $18,525 | $2,212,000 | $2,108,000 | $104,000 |
| 2017 | $16,174 | $2,135,000 | $2,027,000 | $108,000 |
| 2016 | $15,048 | $1,987,000 | $1,853,000 | $134,000 |
| 2015 | $14,497 | $1,800,000 | $1,677,000 | $123,000 |
| 2014 | -- | $1,657,000 | $1,550,000 | $107,000 |
| 2013 | -- | $1,453,000 | $1,375,000 | $78,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2025 03/22/25 | For Sale | $6,000,000 | -- | $3,315 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,265,000 | Chicago Title | |
| Warranty Deed | $283,400 | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2339030
APN: 335850-0005
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