8798 N Mercer Way, Mercer Island, WA 98040

7 beds, 8 baths, 10,700 sqft
Sold: $5,800,000
Sold on 03/28/14
Zestimate®: $5,886,322
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My Notes
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Perched on 140 feet of Lake Washington waterfront with a private deep-water dock, this expansive Mercer Island estate was designed for both resort-level entertaining and gracious family living. The estate???s gated entrance leads to the 10,000 sf main home???which in turn opens to an impressive formal living room with soaring ceiling, grand fireplace, honed travertine floors. There???s also a 3,000-bottle wine cellar, 4-car garage, pool, sauna, hot tub, private artist???s studio, and multiple flex-spaces. The upper level has a spa-quality main suite (with fireplace + refrigerator) plus children???s or guest rooms, all with built-in cabinetry. At the ground level: a flex room with French doors that lead to the pool and dock. The water view kitchen was designed to private chef standards: two of everything, slab-concrete countertops, attached family room with fireplace. As would be expected of an estate of this quality, particular attention has been paid to materials and quality of construction. Available for your immediate pleasure.  MoreLess
 
Facts
  • Lot: 0.64 acres
  • Single Family
  • Built in 1998
  • Cooling: Central
  • Heating: Forced air, Other, Radiant
  • Last sold: Mar 2014 for $5,800,000
  • Price/sqft: $542
Features
  • Cable Ready
  • Deck
  • Dock
  • Fireplace
  • Flooring: Carpet, Hardwood, Tile
  • Garden
  • Lawn
  • Mother-in-Law
  • Parking: Carport, Garage - Attached, 10 spaces, 1060 sqft
  • Partial basement, 1720 sqft
  • Patio
  • Pool
  • Porch
  • Security System
  • Sports Court
  • Sprinkler System
  • Vaulted Ceiling
  • View: Mountain, Water
  • Waterfront
  • Wet Bar
Appliances Included
  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Trash compactor
  • Washer
Room Types
  • Family room
  • Recreation room
Construction
  • Construction quality: 10.0
  • Exterior material: Stucco
  • Roof type: Asphalt
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 10,700 sqft
  • Heating: Gas
  • Last remodel year: 2014
  • Laundry: In Unit
  • Parcel #: 8106100130
  • Unit floor #: 3
  • Zillow Home ID: 49082478
Home Values
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$5,886,322
-$206,860 Last 30 daysd
$4.77M
$6.89M
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$7,347/mo
+$1,024 Last 30 daysd
$4.5K
$12K
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Neighborhood for 8798 N Mercer Way

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Zillow predicts 98040 home values will rise 5.3% next year, compared to a 5.2% increase for Mercer Island as a whole. Among 98040 homes, this home is valued 496.7% more than the midpoint (median) home, and is valued 40.4% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Mercer Island market, the number of foreclosures waiting to be sold dropped 18.4% in the last year. The number of unsold foreclosures is exactly the same as for Mercer Island, and 43.3% lower than the national average.

Learn more about forecast calculations or 98040 home values.
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    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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