Iconic Mercer Island Waterfront! Set on 89’ of low-bank Lake Washington shoreline, along the coveted Butterworth Rd, this partially renovated home presents a rare framework to create a signature waterfront masterpiece. Private 95’ seaplane capable dock, 54’ indoor lap pool, and a grand atrium. Embrace East-facing exposure with panoramic water, sunrise and moonrise views. Existing updates provide a head start to utilize this canvas to bring your vision to fruition. Implement your creativity while enjoying seamless indoor & outdoor living with timeless lake views. Premier location with top-tier schools, parks, and the best of the PNW. A rare chance to shape a custom waterfront estate in one of Mercer Island’s most desired enclaves.
Pending
Listed by:
Michael Nix,
Keller Williams Rlty Bellevue,
Scott Nicholson,
Keller Williams Rlty Bellevue
$9,398,000
5044 Butterworth Road, Mercer Island, WA 98040
6beds
9,640sqft
Est.:
Single Family Residence
Built in 1983
0.3 Acres Lot
$8,776,800 Zestimate®
$975/sqft
$-- HOA
What's special
Low-bank lake washington shorelineTimeless lake viewsGrand atriumEast-facing exposure
- 76 days |
- 141 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: November 21, 2025 at 12:56pm
Listed by:
Michael Nix,
Keller Williams Rlty Bellevue,
Scott Nicholson,
Keller Williams Rlty Bellevue
Source: NWMLS,MLS#: 2438780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 4
- 3/4 bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 4
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Lower
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Lower
Other
- Level: Lower
Other
- Level: Lower
Other
- Level: Main
Bonus room
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Lower
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Central Air, Forced Air, Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Double Oven, Microwave(s), Stove(s)/Range(s), Garbage Disposal, Water Heater: Gas, Water Heater Location: Downstairs
Features
- Flooring: Hardwood, Vinyl Plank
- Basement: Bath/Stubbed
- Number of fireplaces: 2
- Fireplace features: Electric, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 9,640
- Total interior livable area: 9,640 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace, Indoor Pool, Sprinkler System, Vaulted Ceiling(s), Water Heater
- Pool features: Indoor
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Bulkhead, Lake, No Bank
- Frontage length: Waterfront Ft: 89
Lot
- Size: 0.3 Acres
- Features: Dead End Street, Paved, Deck, Dock, Fenced-Partially, Gas Available, High Speed Internet, Moorage, Patio, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 1924059029
- Zoning: R15
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1983
- Major remodel year: 2009
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Mercer Island
- Water: Public, Company: Mercer Island
Community & HOA
Community
- Subdivision: Mercer Island
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $975/sqft
- Tax assessed value: $7,622,000
- Annual tax amount: $49,896
- Date on market: 9/12/2025
- Cumulative days on market: 94 days
- Listing terms: Cash Out
- Inclusions: Dishwasher(s), Double Oven, Garbage Disposal, Microwave(s), Stove(s)/Range(s)
Estimated market value
$8,776,800
$8.34M - $9.22M
$7,631/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2025 | Pending sale | $9,398,000$975/sqft |
Source:  NWMLS #2438780 Report a problem | ||
| 9/30/2025 | Listed for sale | $9,398,000+101.3%$975/sqft |
Source: NWMLS #2438780 Report a problem | ||
| 6/24/2014 | Sold | $4,668,000$484/sqft |
Source: NWMLS #603237 Report a problem | ||
| 4/9/2014 | Pending sale | $4,668,000$484/sqft |
Source: Coldwell Banker Bain #603237 Report a problem | ||
| 3/20/2014 | Price change | $4,668,000-4.5%$484/sqft |
Source: Coldwell Banker Bain #603237 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $49,896 +1.3% | $7,622,000 +6.5% |
| 2023 | $49,264 +0.4% | $7,158,000 -10.6% |
| 2022 | $49,082 +11.4% | $8,005,000 +33.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$56,528/mo
Principal & interest
$46817
Property taxes
$6422
Home insurance
$3289
Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Island Park Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 1.6 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.1 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.
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