Listed by Engel & Voelkers Mercer Island
$7,300,000
NEW CONSTRUCTION

Estimated payment $42,774/month

Total Views 8,336
5 Beds
5 Baths
7,500 Sq Ft
$973 Price per Sq Ft

Highlights

  • 175 Feet of Waterfront
  • Docks
  • RV Access or Parking
  • Newport Heights Elementary School Rated A
  • New Construction
  • Lake View

About This Home

Opportunities like this are Nearly Extinct - 1.25 acre Buildable site with 175 feet of low bank waterfront + 100' ft dock for your yacht or personal watercraft. Space for an 18 car garage, but flexible to designate how you would choose. Commanding Views of the lake, Mercer Island and Beaux Arts. Located minutes from DT Seattle or Bellevue, yet feels like a private retreat. #1 school district in the state. A rare blank canvas - The foundation is in place, but you decide the home’s design. Active Permits = short timeline to enjoyment. The freedom to build your legacy on the area's largest lake awaits. Too many features and details to list. Call for more info. Price is for land and current improvements. Cost to complete the home starts at 3m

Listing Agent

Mick Hanson

Engel & Voelkers Mercer Island License #106643 Listed on: 10/01/2025

Engel & Voelkers Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2440275

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,587

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.25 Acre Lot
  • 175 Feet of Waterfront
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 18 Car Attached Garage
  • RV Access or Parking

Home Design

  • Modern Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 7,500 Sq Ft Home
  • Multi-Level Property
  • 3 Fireplaces
  • Lake Views
  • Unfinished Basement

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • Bathroom on Main Level

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Schools

  • Newport Heights Elementary School
  • Tyee Mid Middle School
  • Newport Snr High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System

Listing and Financial Details

  • Assessor Parcel Number 6072800110

Community Details

Overview

  • Beth@Newportshoreswa.Org Association
  • Secondary HOA Phone (425) 747-3291
  • Newport Shores Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,587

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$120 per month

Parking

18

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 2023
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Modern
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 7500
  • SeniorExemption: false
  • NewConstruction: Under Construction
  • Special Features: NewHome

Interior Features

  • Fireplaces: 3
  • Basement: Unfinished
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Granite, Hardwood
  • Interior Amenities: Fireplace
  • Living Area: 7500
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • BathsFullMain: 4
  • SquareFootageFinished: 7500
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • FireplacesUpper: 1

Exterior Features

  • Roof: Metal
  • View: Lake
  • Lot Features: Cul-De-Sac
  • Pool Features: In Ground
  • View: Yes
  • Waterfront: No
  • Construction Type: Stone, Wood
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • PoolType: In-Ground
  • WaterfrontFootage: 175
  • WaterAccess: Beach Rights,Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 18
  • Garage Spaces: 18
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 18

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: 90%+ High Efficiency
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: City of Bellevue

Condo/Co-op/Association

  • Community Features: Athletic Court, CCRs, Club House
  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Phone: 425-747-3291
  • Association: Yes
  • AssociationContactName: beth@newportshoreswa.org

Fee Information

  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Bellevue
  • High School: Newport Snr High
  • Middle Or Junior School: Tyee Mid

Lot Info

  • Parcel Number: 6072800110
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.2521
  • Lot Size Sq Ft: 54541
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Dock,Fenced-Fully,Gas Available,Moorage,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 45587.37

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Newport Heights Elem

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 $45,587 $6,220,000 $6,163,000 $57,000
2023 $42,820 $5,481,000 $5,430,000 $51,000
2022 $41,619 $6,726,000 $6,663,000 $63,000
2021 $47,344 $5,073,000 $5,010,000 $63,000
2020 $50,629 $5,478,000 $4,922,000 $556,000
2018 $43,843 $5,211,000 $4,507,000 $704,000
2017 $34,684 $4,767,000 $4,098,000 $669,000
2016 $31,381 $3,976,000 $3,307,000 $669,000
2015 $31,693 $3,571,000 $2,980,000 $591,000
2014 -- $3,571,000 $2,980,000 $591,000
2013 -- $3,752,000 $2,980,000 $772,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 For Sale $7,300,000 +36.4% --
12/20/2019 12/20/19 Sold $5,350,000 -15.1% $896 / Sq Ft View Prior Sale
10/31/2019 10/31/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $6,300,000 -- $1,055 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,350,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $1,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,499,999 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2440275

Northwest Multiple Listing Service (NWMLS)

APN: 607280-0110