Commanding breathtaking Mount Rainier views across pristine Lake Washington, this 4,450 sq ft Mercer Island residence offers an extraordinary blend of lifestyle, location, and opportunity. Four bedrooms, including dual primary suite potential, create versatility for modern living. Gentle, easy access from E Mercer Way leads to a rare, flat 108-ft low-bank waterfront with deep-water moorage for yachts and floatplane. Sun-filled interiors and multiple terraces invite effortless entertaining. With proximity to I-90 and top-rated schools, this is a legacy-level waterfront estate awaiting its next visionary owner.
Active
Listed by:
Robert Pong,
Realogics Sotheby's Int'l Rlty,
Dan Wozniak,
Realogics Sotheby's Int'l Rlty
$5,500,000
4802 E Mercer Way, Mercer Island, WA 98040
4beds
4,650sqft
Est.:
Single Family Residence
Built in 1980
0.54 Acres Lot
$5,197,200 Zestimate®
$1,183/sqft
$-- HOA
What's special
- 94 days |
- 2,422 |
- 96 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 04:28pm
Listed by:
Robert Pong,
Realogics Sotheby's Int'l Rlty,
Dan Wozniak,
Realogics Sotheby's Int'l Rlty
Source: NWMLS,MLS#: 2422248
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Primary bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Lower
Other
- Level: Main
Bonus room
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Main
Other
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Geothermal, Natural Gas
Cooling
- Central Air, Forced Air
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Features
- Flooring: Hardwood, Carpet
- Basement: Daylight,Partially Finished
- Number of fireplaces: 3
- Fireplace features: Gas, Wood Burning, Lower Level: 1, Main Level: 2, Fireplace
Interior area
- Total structure area: 4,650
- Total interior livable area: 4,650 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
- Pool features: In Ground, In-Ground
- Has spa: Yes
- On waterfront: Yes
- Waterfront features: Low Bank, Lake
- Frontage length: Waterfront Ft: 108
Lot
- Size: 0.54 Acres
- Features: Dead End Street, Deck, Dock, Fenced-Partially, Gas Available, Hot Tub/Spa, Irrigation, Moorage, Propane, Sprinkler System
Details
- Parcel number: 1924059069
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cement/Concrete, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & HOA
Community
- Features: Boat Launch
- Subdivision: East Mercer
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $1,183/sqft
- Tax assessed value: $5,550,000
- Annual tax amount: $36,338
- Date on market: 4/14/2025
- Cumulative days on market: 242 days
- Listing terms: Cash Out,Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$5,197,200
$4.94M - $5.46M
$7,406/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2025 | Listed for sale | $5,500,000+57.1%$1,183/sqft |
Source:  NWMLS #2422248 Report a problem | ||
| 1/29/2025 | Listing removed | $11,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/11/2025 | Price change | $11,100-7.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/24/2024 | Listed for rent | $12,000+36.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $36,338 +1.3% | $5,550,000 +6.5% |
| 2023 | $35,876 +0.4% | $5,212,000 -10.6% |
| 2022 | $35,745 +11.4% | $5,829,000 +33.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$32,878/mo
Principal & interest
$27195
Property taxes
$3758
Home insurance
$1925
Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Island Park Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- 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.
- Loading
- Loading
