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  • Listed by: 

    Paula Holtzclaw,

    Coldwell Banker Bain

    Bought with: COMPASS
    $5,735,000

    4550 E Mercer Way, Mercer Island, WA 98040

    4beds
    3,880sqft
    Single Family Residence
    Built in 1956
    0.32 Acres Lot
    $5,542,700 Zestimate®
    $1,478/sqft
    $6,923 Estimated rent

    Home value

    $5,542,700

    $5.10M - $6.04M

    $6,923/mo

    Zestimate® history
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    What's special

    Experience the ultimate in lakefront living in this one-of-a-kind Mercer Island retreat. This exceptional waterfront property features 75' of shorefront, large rolling lawn, sandy beach, brand new custom dock & unobstructed lake & Mt Rainier views. The light-filled, custom-designed floorplan flows seamlessly from kitchen to dining to living. A large hardwood deck blends indoor & outdoor spaces, making it ideal for everyday living & grand gatherings. A well-appointed chef’s kitchen features a large island, double oven, two dishwashers & plenty of seating for all. The two large view decks are perfect for relaxing, entertaining & taking in the views. Best of all, it’s located moments from top-rated Mercer Island schools, restaurants & parks.

    Zillow last checked: 8 hours ago

    Listing updated: May 21, 2024 at 01:21pm

    Offers reviewed: May 13
    Listed by:

    Paula Holtzclaw,

    Coldwell Banker Bain

    Bought with:

    Jennifer Flood, 141000

    COMPASS

    Source: NWMLS,MLS#: 2231506MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: Main
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bathroom full
    • Level: Lower
    Bathroom full
    • Level: Second
    Other
    • Level: Main
    Den office
    • Level: Second
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Rec room
    • Level: Lower
    Utility room
    • Level: Lower
    Heating
    • Fireplace(s), 90%+ High Efficiency, Forced Air
    Cooling
    • 90%+ High Efficiency, Central Air
    Appliances
    • Included: Dishwashers_, Double Oven, Dryer(s), GarbageDisposal_, Microwaves_, Refrigerators_, StovesRanges_, Washer(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Utility Room - Lower Level
    Features
    • Bath Off Primary, Dining Room, High Tech Cabling
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Windows: Double Pane/Storm Window
    • Basement: Daylight,Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 3,880
    • Total interior livable area: 3,880 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Security System, Wet Bar, Wired for Generator, Fireplace, Water Heater
    • Has view: Yes
    • View description: Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, No Bank
    • Frontage length: Waterfront Ft: 75'
    Lot
    • Size: 0.32 Acres
    • Features: Dead End Street, Paved, Deck, Dock, Gas Available, High Speed Internet, Irrigation, Moorage, Patio, Rooftop Deck, Sprinkler System
    • Topography: Rolling
    Details
    • Parcel number: 1824059082
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Northwest Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Metal,Torch Down
    Condition
    • Very Good
    • Year built: 1956

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Available, Company: City of Mercer Island
    • Water: Public, Company: City Of Mercer Island

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Mercer Island
    • Subdivision: Ferncroft

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 371 days

    Price history

    DateEventPrice
    5/21/2024Sold$5,735,000+4.4%$1,478/sqft
    Source: NWMLS #2231506
    5/10/2024Pending sale$5,495,000$1,416/sqft
    Source: NWMLS #2231506
    5/8/2024Listed for sale$5,495,000+145.4%$1,416/sqft
    Source: NWMLS #2231506
    10/7/2013Sold$2,239,000$577/sqft
    Source: NWMLS #515904
    8/29/2013Pending sale$2,239,000$577/sqft
    Source: Windermere Real Estate/East, Inc. #515904

    Public tax history

    YearProperty taxesTax assessment
    2024$28,976 +2.8%$4,425,000 +8%
    2023$28,199 +0.4%$4,096,000 -10.6%
    2022$28,096 +11.4%$4,581,000 +33.8%

    Find assessor info on the county website

    Neighborhood: 98040

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $5,542,700
    2% more+ $111K
    With Zillow Showcase(estimated)
    $5,653,554