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  • Listed by: Windermere Real Estate/East • Scott Richards
    Price cut: $1M (5/12)
    $7,999,880

    18 Holly Lane, Mercer Island, WA 98040

    6beds
    5,163sqft
    : 
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    Single Family Residence
    Built in 1974
    0.58 Acres Lot
    $7,528,700 Zestimate®
    $1,549/sqft
    $-- HOA

    What's special

    Cruise home to a legacy estate on Mercer Island’s coveted Gold Coast—137± ft of private, no-bank Lake Washington frontage on the island’s prized west shore. Designed in 1974 for effortless entertaining, this custom five bedroom residence spans nearly 5,200± sf, centered around an updated kitchen that flows seamlessly to expansive indoor/outdoor gathering spaces. The primary suite enjoys tranquil views of Lake Washington, Seward Park, the Seattle skyline & Olympic Mtns, w/ private deck, two walk-in closets & luxe five piece bath. Upstairs offers two additional west-facing bedrooms & large bonus/media room. Panoramic sunsets linger to nearly 10pm—simply the pinnacle of MI waterfront living.
    67 days
    |
    1,820
    |
    62
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Richards,

    Windermere Real Estate/East,

    Sam Chapin,

    Engel & Voelkers Mercer Island

    Source: NWMLS as distributed by MLS GRID,MLS#: 2522070MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 2
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom three quarter
      • Level: Second
      Bathroom three quarter
      • Level: Main
      Other
      • Level: Main
      Bonus room
      • Level: Second
      Den office
      • Level: Second
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Family room
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Fireplace, Forced Air, Heat Pump, Electric
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
      Features
      • Bath Off Primary, Central Vacuum, Dining Room, Pantry
      • Flooring: Hardwood, Travertine, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window, Skylight(s)
      • Basement: None
      • Number of fireplaces: 3
      • Fireplace features: Wood Burning, Main Level: 2, Upper Level: 1, Fireplace
      Interior area
      • Total structure area: 5,163
      • Total interior livable area: 5,163 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hot Tub/Spa, Jetted Tub, Pantry, Security System, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator
      • Has spa: Yes
      • Spa features: Indoor, Bath
      • Has view: Yes
      • View description: City, Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Bulkhead, Lake, No Bank
      • Frontage length: Waterfront Ft: 159
      Lot
      • Size: 0.58 Acres
      • Features: Dead End Street, Paved, Cable TV, Deck, Dock, High Speed Internet, Hot Tub/Spa, Irrigation, Moorage, Patio, Propane, Sprinkler System
      • Topography: Level
      Details
      • Parcel number: 9365700324
      • Special conditions: Standard
      • Other equipment: Wired for Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      Condition
      • Year built: 1974
      • Major remodel year: 1974

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: City of MI
      • Water: Public, Company: City of MI

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Westside
      Location
      • Region: Mercer Island

      Financial & listing details

      • Price per square foot: $1,549/sqft
      • Tax assessed value: $11,637,000
      • Annual tax amount: $68,893
      • Date on market: 3/2/2026
      • Cumulative days on market: 138 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)

        Estimated market value

        $7,528,700

        $7.15M - $7.91M

        $7,937/mo

        Price history

        DateEventPrice
        5/12/2026Price change$7,999,880-11.1%$1,549/sqft
        Source: NWMLS as distributed by MLS GRID #2522070 Report a problem
        4/1/2026Price change$8,999,880-24.9%$1,743/sqft
        Source: Engel & Volkers #AM-5054516 Report a problem
        9/16/2025Listed for sale$11,988,000$2,322/sqft
        Source: Engel & Volkers #AM-5054516 Report a problem
        8/23/2025Listing removed$11,988,000$2,322/sqft
        Source: Engel & Volkers #AM-5054516 Report a problem
        8/20/2025Listed for sale$11,988,000$2,322/sqft
        Source: Engel & Volkers #AM-5054516 Report a problem
        8/8/2025Listing removed$11,988,000$2,322/sqft
        Source: Engel & Volkers #AM-5054516 Report a problem
        9/26/2024Listed for sale$11,988,000$2,322/sqft
        Source: Engel & Volkers #AM-5054519 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$75,789 +10%$11,637,000 +10.6%
        2024$68,893 +1.3%$10,525,000 +6.5%
        2023$68,019 +0.4%$9,884,000 -10.6%
        2022$67,769 +14.3%$11,054,000 +37.3%
        2021$59,270 +4.2%$8,052,000 +13.3%
        2020$56,880 +12.7%$7,109,000 +11.3%
        2019$50,448 +7.4%$6,389,000 +2.2%
        2018$46,979 -10.3%$6,254,000 +3.6%
        2017$52,350 +32.2%$6,036,000 +11.1%
        2016$39,601 $5,433,000 +10.4%
        2015$39,601 $4,920,000 +8.6%
        2014$39,601 $4,529,000 -0.4%
        2013$39,601 $4,549,000 -2.5%
        2012-- $4,664,000 -4.8%
        2011-- $4,898,000 -7.2%
        2010-- $5,280,000
        2009-- $5,280,000 +0.5%
        2007-- $5,256,000 +10.2%
        2006-- $4,771,000 +9.8%
        2005-- $4,344,000 +70.2%
        2001$24,394 +26.8%$2,553,000 +40%
        2000$19,243 $1,824,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98040

        Getting around

        16 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Mercer Elem
        • Middle: Islander Mid
        • High: Mercer Isl High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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