Tucked away on a peaceful, private stretch of East Mercer, this beautifully maintained residence offers an incredible opportunity to live among nature on an expansive 23,594 sqft lot. Backing to greenbelt, the prprty feats its own walking trail, vibrant landscaping & privacy. The home offers plenty of parking. Durable metal roof & timeless architecture. Whether you choose to preserve its vintage charm or update it to your style, the possibilities are endless. Functional & filled with natural light-connecting seamlessly to the peaceful surroundings w large windows-making indoor-outdoor living effortless.Mins from top-rated schools, parks, & easy frwy access. Mercer Island living at its best w/ room to breathe, grow & create something special
Active
Listed by:
Jeffrey Castro,
John L. Scott, Inc
Price cut: $50K (12/3)
$1,649,990
5019 E Mercer Way, Mercer Island, WA 98040
4beds
2,940sqft
Est.:
Single Family Residence
Built in 1980
0.54 Acres Lot
$1,615,100 Zestimate®
$561/sqft
$25/mo HOA
What's special
- 62 days |
- 4,109 |
- 173 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 03:28pm
Listed by:
Jeffrey Castro,
John L. Scott, Inc
Source: NWMLS,MLS#: 2443838
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Lower
Bathroom three quarter
- Level: Lower
Other
- Level: Lower
Entry hall
- Level: Split
Great room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Features
- Flooring: Ceramic Tile, Hardwood
- Number of fireplaces: 2
- Fireplace features: Electric, Gas, Lower Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 2,940
- Total interior livable area: 2,940 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Entry location: Split
- Patio & porch: Fireplace
Lot
- Size: 0.54 Acres
- Features: Cul-De-Sac, Dead End Street, Paved, Deck, Gas Available, High Speed Internet, Patio, Sprinkler System
- Topography: Partial Slope,Terraces
- Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 2162000140
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Features: Trail(s)
- Subdivision: Mercer Island
HOA
- Services included: Road Maintenance
- HOA fee: $300 annually
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $561/sqft
- Tax assessed value: $1,843,000
- Annual tax amount: $11,928
- Date on market: 5/26/2025
- Cumulative days on market: 200 days
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,615,100
$1.53M - $1.70M
$6,347/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Price change | $1,649,990-2.9%$561/sqft |
Source:  NWMLS #2443838 Report a problem | ||
| 10/10/2025 | Price change | $1,699,990-5.6%$578/sqft |
Source: NWMLS #2443838 Report a problem | ||
| 9/12/2025 | Price change | $1,799,990-5.3%$612/sqft |
Source: John L Scott Real Estate #2402474 Report a problem | ||
| 8/1/2025 | Listed for sale | $1,899,990$646/sqft |
Source: John L Scott Real Estate #2402474 Report a problem | ||
| 7/23/2025 | Listing removed | $1,899,990$646/sqft |
Source: John L Scott Real Estate #2402474 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,080 +1.3% | $1,843,000 +6.5% |
| 2023 | $11,928 +0.4% | $1,731,000 -10.6% |
| 2022 | $11,885 +11.4% | $1,936,000 +33.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,887/mo
Principal & interest
$8158
Property taxes
$1127
Other costs
$602
Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Island Park Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1 mi
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