Welcome home to Mercer Island Waters Edge- an exquisite opportunity to create your own lake estate on 80 feet of no bank lakefront. Survey, engineering, plans, permitting complete (included with sale) and ready to build new ~4,900sf, 4 bedroom, 6 bathroom residence with 4 car garage on .83 acres. Enjoy estate sized lot, add tennis court or subdivide into two lots. Newly constructed dock boasts deep water moorage and serves as perfect launch point for recreation, cruises and longer excursions. Current 3,100sf four bedroom charming bungalow was constructed in 1908 and could be remodeled to recapture its sense of casual waterfront retreat. Ideally located on the north-end of the Island for easy commutes to Seattle and the Eastside.
Sold
Listed by:
Scott Richards,
Windermere Real Estate/East,
Stephanie Richards,
Windermere Real Estate/East
Bought with: COMPASS
$4,500,000
4006 E Mercer Way, Mercer Island, WA 98040
4beds
3,100sqft
Single Family Residence
Built in 1908
0.83 Acres Lot
$4,656,800 Zestimate®
$1,452/sqft
$5,186 Estimated rent
Home value
$4,656,800
$4.19M - $5.17M
$5,186/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 06, 2024 at 09:49pm
Listed by:
Scott Richards,
Windermere Real Estate/East,
Stephanie Richards,
Windermere Real Estate/East
Bought with:
Qin Du, 98462
COMPASS
Source: NWMLS,MLS#: 2159581
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Fireplace(s), Forced Air
Cooling
- Forced Air
Features
- Dining Room
- Flooring: Hardwood, Vinyl, Carpet
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Main Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Hardwood, Wall to Wall Carpet, Dining Room, Fireplace (Primary Bedroom), Fireplace
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
- Frontage length: Waterfront Ft: 80
Lot
- Size: 0.83 Acres
- Features: Dead End Street, Paved, Value In Land, Deck, Dock, Moorage
- Topography: Sloped
Details
- Parcel number: 4131900005
- Zoning description: R9.6,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1908
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of MI
- Water: Public, Company: City of MI
Community & neighborhood
Location
- Region: Mercer Island
- Subdivision: Eastside
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 871 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2024 | Sold | $4,500,000-18.2%$1,452/sqft |
Source:  NWMLS #2159581 | ||
| 1/6/2024 | Pending sale | $5,499,988$1,774/sqft |
Source: NWMLS #2159581 | ||
| 9/8/2023 | Listed for sale | $5,499,988-21.4%$1,774/sqft |
Source: NWMLS #2159581 | ||
| 2/3/2023 | Listing removed | -- |
Source: Realogics Sothebys International Realty | ||
| 11/4/2022 | Listed for sale | $6,999,988+91.8%$2,258/sqft |
Source: Realogics Sothebys International Realty #2014082 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $26,057 +1.3% | $3,979,000 +6.5% |
| 2023 | $25,729 +0.4% | $3,737,000 -10.6% |
| 2022 | $25,638 +11.4% | $4,180,000 +33.8% |
Find assessor info on the county website
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 10/10Northwood Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 2.8 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Northwood Elem
- Middle: Islander Mid
- High: Mercer Isl High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
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$4,656,800
2% more+ $93,136
With Zillow Showcase(estimated)
$4,749,936