An extraordinary canvas for building your dream waterfront estate. This prime half-acre property on Mercer Island’s sought-after North End captures breathtaking views of the glittering Bellevue skyline and the tranquil waters of Lake WA. With 82+ feet of private shoreline, a gated entry, lush natural beauty, it’s ready for your vision to unfold. Enjoy a U-shaped covered dock with deep-water moorage and a water’s-edge cabana for lakeside gatherings. From sunrise paddles to twilight moments by the water, this property offers a front-row seat to the best of lakefront living—mins to downtown MI, parks, and top-rated schools, with easy connections to Bellevue and Seattle. Renderings are conceptual only; pricing reflects land value only.
Active
Listed by:
Alice On,
Wonderland Real Estate
$6,800,000
7220 N Mercer Way, Mercer Island, WA 98040
--beds
--baths
0.57Acres
Unimproved Land
Built in ----
0.57 Acres Lot
$6,797,500 Zestimate®
$--/sqft
$-- HOA
What's special
Private shorelineBreathtaking viewsLush natural beautyDeep-water moorage
- 38 days |
- 987 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 04:37pm
Listed by:
Alice On,
Wonderland Real Estate
Source: NWMLS,MLS#: 2449152
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 0.57 Acres
- Features: Secluded
- Topography: Sloped
Details
- Parcel number: 5315100033
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: Available
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: North End
Location
- Region: Mercer Island
Financial & listing details
- Tax assessed value: $6,758,000
- Annual tax amount: $44,242
- Date on market: 11/2/2025
- Cumulative days on market: 41 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
$6,797,500
$5.91M - $7.68M
$18,983/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Listed for sale | $6,800,000+41.7% |
Source:  NWMLS #2449152 Report a problem | ||
| 8/21/2019 | Sold | $4,800,000-4% |
Source: NWMLS #1469656 Report a problem | ||
| 7/25/2019 | Pending sale | $4,999,000 |
Source: Windermere Real Estate/PSR, Inc. #1469656 Report a problem | ||
| 7/10/2019 | Price change | $4,999,000-3.9% |
Source: Windermere Real Estate/PSR, Inc. #1469656 Report a problem | ||
| 6/11/2019 | Listed for sale | $5,200,000+20.9% |
Source: Windermere Real Estate/PSR, Inc. #1469656 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $44,243 +1.3% | $6,758,000 +6.5% |
| 2023 | $43,685 -6.2% | $6,347,000 -16.4% |
| 2022 | $46,575 +11.4% | $7,596,000 +33.8% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 98040
Nearby schools
GreatSchools rating
- 10/10Northwood Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 4 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.8 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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