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Off market
  • $5,029,500

    4803 Forest Ave SE, Mercer Island, WA 98040

    5beds
    0baths
    0.4Acres
    VacantLand
    Built in 1948
    0.4 Acres Lot
    $5,029,500 Zestimate®
    $1,374/sqft
    $4,491 Estimated rent

    Home value

    $5,029,500

    $4.38M - $5.78M

    $4,491/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $4,491/mo

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    $4,491/mo

    Rent Zestimate®

    Refinance and save

    $30,270/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $30,270/mo

    Est. payment

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    What's special

    Rare opportunity to build your dream home on this private street-end Forest Avenue location. Coveted 70' of stunning low bank waterfront, this property is accessible from a gently sloping driveway. This Sun drenched 17,684 sf property awaits your personal design! Expansive western views of the lake, Seattle, and Olympics. Rain or shine, the view entertains.  Privacy on both sides, waterfront lives bigger than 70'.  Extensive dock in great shape. A lifetime of happy memories can be yours.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,660 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City, Mountain
    Lot
    • Size: 0.40 Acres
    • Topography: See Remarks
    Details
    • Parcel number: 2577300021

    Utilities & green energy

    • Sewer: In Street

    Community & neighborhood

    Location
    • Region: Mercer Island

    Other

    Other facts
    • Property type: VACL
    • General zoning: Residential
    • Form 17: Provided
    • Style: 40 - Res-Less thn 1 Ac
    • Water: In Street, Lake
    • Potential terms: Cash Out, Conventional
    • Topography: See Remarks
    • Electricity: On Property
    • Gas available: On Property
    • Sewer: In Street
    • Lot details: Paved Street, Dead End Street
    • Road information: Access Easement
    • View: Lake
    • Possesion: See Remarks
    • Property features: Stream/Creek
    • Improvements: Dwelling

    Price history

    DateEventPrice
    4/13/2018Sold$2,988,000$816/sqft
    Source: NWMLS #1112523
    9/6/2017Pending sale$2,988,000$816/sqft
    Source: NWG Real Estate #1112850
    7/5/2017Listed for sale$2,988,000$816/sqft
    Source: NWG Real Estate #1112523
    5/23/2017Pending sale$2,988,000$816/sqft
    Source: NWG Real Estate #1112523
    4/26/2017Listed for sale$2,988,000$816/sqft
    Source: NWG Real Estate #1112523

    Public tax history

    YearProperty taxesTax assessment
    2024$32,601 +1.3%$4,979,000 +6.5%
    2023$32,189 +0.4%$4,676,000 -10.6%
    2022$32,067 +14.3%$5,229,000 +37.3%

    Find assessor info on the county website

    Neighborhood: 98040

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Mercer Elem
    • Middle: Islander Mid
    • High: Mercer Isl High
    • District: Mercer Island

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.