Pending

$8,150,000

4 Beds 2 Baths 3,880 SQFT 0.64 Acres
Type: Pending

5265 West Mercer Way
Mercer Island, WA 98040

MLS#: 2469842
Presented by: Windermere West Metro and NWMLS

Property Description

 

A rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28,000 square feet of private, forested grounds with 150 feet of shoreline, the property commands sweeping views of Seattle’s skyline, Seward Park, glowing sunsets, and the dynamic beauty of Lake Washington. The setting feels tranquil and secluded, yet remains moments from the heart of Mercer Island and within effortless reach of Seattle, Bellevue, Issaquah, and year round mountain recreation. A private dock supports an exceptional lakeside lifestyle with boating, swimming, paddleboarding, and long summer days on the water. The existing 3880 sq foot residence is rich in timeless character and presents an ideal candidate for a comprehensive gut renovation, preserving its soul while elevating it to modern luxury standards, or alternatively offers a compelling canvas for new construction that fully maximizes the premier west side waterfront setting. Located in one of Mercer Island’s most coveted neighborhoods, this rare property benefits from top rated schools, a strong community, and enduring long term value through irreplaceable land and views.


 

Interior Features

Bedrooms

Bedrooms Lower2
Bedrooms Upper0
Main Level Bedrooms2
Total Bedrooms4

Bathrooms

3/4 Baths0
Bathrooms2
Baths Full Garage0
Baths Full Lower1
Baths Full Main1
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main0
Baths Three Quarter Upper0
Half Baths0
Total Baths2

Other Interior Features

Air Conditioning Y/NNo
BasementDaylight, Finished
Fireplace FeaturesWood Burning
Fireplace Y/NYes
Fireplaces Lower1
Fireplaces Main1
FlooringCeramic Tile, Hardwood, Carpet
Heating Y/NYes
Interior AmenitiesDining Room, Fireplace, French Doors, Jetted Tub, Skylight(s), Water Heater
Power Production TypeOil
Total Fireplaces2
Water Heater LocationBasement
Water Heater TypeElectric

General

AppliancesDishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Attached Garage Yes
Building Area Units0 sqft
Carport Y/NNo
CityMercer Island
CoolingNone
CountyKing
DirectionsGPS will take you too far on W Mercer Way. Review map in Supplements for most accurate directions. Turn on 82nd Ave SE and then first left on Forest and follow Forest down to the water. House on left
Entry LocationMain
Facing DirectionWest
Full Baths2
Garage Y/NYes
HOANo
HOA Fee$0
HeatingBaseboard, Forced Air
High School DistrictMercer Island
Land Lease Y/NNo
LevelsOne
Listing TermsCash Out, Conventional
Living Area3,880 sqft
Lot Size Square Feet28,009 sqft
Lot Size UnitsSquare Feet
MLS Area510 - Mercer Island
NWM_ShowMapLinkY
New ConstructionNo
PossessionClosing
Property Style16 - 1 Story w/Bsmnt.
Property SubtypeSingle Family Residence
Property TypeResidential
Public RemarksA rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28, 000 square feet of priva
RoofTile
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeHouse
Subdivision NameWest Mercer
Tax Annual Amount$58,757
Tax Year2025
TopographyLevel, Partial Slope, Terraces
ViewCity, Lake, Territorial
Virtual TourClick here
Water CompanyCity of Mercer Island
Waterfront FeaturesLow Bank, Lake
Year Built1941

Exterior

Building Area Total3,880 sqft
Covered Spaces2
Exterior AmenitiesCement/Concrete, Stucco
InclusionsDishwasher(s), Double Oven, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Value In Land
Lot Size Acres0.643
Parking FeaturesDriveway, Attached Garage, Off Street
Site FeaturesDeck, Dock
Total Parking2
Water SourcePublic
Waterfront Footage150
Waterfront Y/NYes

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$8,150,000

4 Beds 2 Baths 3,880 SQFT 0.64 Acres
Type: Pending

5265 West Mercer Way
Mercer Island, WA 98040

MLS#: 2469842