Investor Alert: Down to the studs, just 10 feet from the water’s edge, this rare waterfront opportunity offers a perch for your vision. If you have the opportunity, time, and vision, you’ll find an extraordinary canvas—whether you restore or reimagine, the grandfathered foundation provides a starting point that could never be replicated under today’s regulations. Expansive views of Mount Rainier frame breathtaking sunrises and sunsets, while eagles soar overhead, deer roam the land, and gentle birdsong fills the air. A deep-water dock—once home to the owner’s 65-foot yacht—awaits your next adventure. Seize the chance to craft your dream waterfront retreat—where the roots are set, the views are timeless, and the possibilities are endless.
Active
Listed by:
Diane Tien,
Realogics Sotheby's Int'l Rlty,
Elizabeth Foley,
Realogics Sotheby's Int'l Rlty
$6,000,000
8001 West Mercer Way, Mercer Island, WA 98040
5beds
2,910sqft
Est.:
Single Family Residence
Built in 1966
0.36 Acres Lot
$5,651,200 Zestimate®
$2,062/sqft
$-- HOA
What's special
Deer roam the landBreathtaking sunrises and sunsetsWaterfront opportunityDeep-water dock
- 264 days |
- 1,255 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 04:14pm
Listed by:
Diane Tien,
Realogics Sotheby's Int'l Rlty,
Elizabeth Foley,
Realogics Sotheby's Int'l Rlty
Source: NWMLS,MLS#: 2339030
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom full
- Level: Lower
Bonus room
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Utility room
- Level: Lower
Heating
- Forced Air, Electric, Propane
Cooling
- None
Appliances
- Included: Water Heater: Electric, Water Heater Location: Basement
Features
- Basement: Unfinished
- Has fireplace: No
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,910
- Total interior livable area: 2,910 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Medium Bank, Bulkhead, Lake
- Frontage length: Waterfront Ft: 100
Lot
- Size: 0.36 Acres
- Features: Dead End Street, Paved, Secluded, Value In Land, Cable TV, Deck, Dock, Moorage, Patio, Propane
- Topography: Sloped
- Residential vegetation: Wooded
Details
- Parcel number: 3358500005
- Zoning: R15
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1966
Utilities & green energy
- Electric: Company: PSE
- Sewer: Available, Sewer Connected, Company: Mercer Island
- Water: Public, Company: Mercer Island
Community & HOA
Community
- Subdivision: West Mercer
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $2,062/sqft
- Tax assessed value: $3,648,000
- Annual tax amount: $24,043
- Date on market: 3/21/2025
- Cumulative days on market: 265 days
- Listing terms: Assumable,Cash Out,Conventional
Estimated market value
$5,651,200
$5.37M - $5.93M
$6,322/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2025 | Listed for sale | $6,000,000+374.3%$2,062/sqft |
Source:  NWMLS #2339030 Report a problem | ||
| 8/20/2002 | Sold | $1,265,000$435/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $23,891 -0.6% | $3,648,000 +4.5% |
| 2023 | $24,043 +0.4% | $3,492,000 -10.6% |
| 2022 | $23,953 +11.4% | $3,905,000 +33.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$35,867/mo
Principal & interest
$29667
Property taxes
$4100
Home insurance
$2100
Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Lakeridge Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Lakeridge Elem
- 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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