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  • Listed by: COMPASS • Tere Foster
    $13,995,000

    4041 W Mercer Way, Mercer Island, WA 98040

    4beds
    4,540sqft
    : 
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    Single Family Residence
    Built in 2021
    0.48 Acres Lot
    $12,909,300 Zestimate®
    $3,083/sqft
    $-- HOA

    What's special

    Refined finishesRich wood detailingSoaring ceilingsCurated design moments throughoutNew dockPrivate media lounge
    An extraordinary expression of modern waterfront living, this custom Mercer Island residence by acclaimed architect Stuart Silk is a rare offering where visionary design meets the beauty of Lake Washington. Perfectly positioned with 103 feet of shoreline, the property draws in west-facing views of Seattle, the lake and the Olympic mountains. Masterfully designed to create a seamless connection between architecture, light, and water. Dramatic walls of floor-to-ceiling glass frame unforgettable sunsets from nearly every space. Soaring ceilings, rich wood detailing, and refined finishes create an atmosphere of warmth and sophistication. Designed for elevated living and exceptional entertaining, the open-concept interiors flow effortlessly from space to space to the outdoor living areas. Luxurious bedroom suites offer tranquil retreats, including a breathtaking primary sanctuary immersed in lake views. A private media lounge, curated design moments throughout, and impeccable craftsmanship elevate every inch of the residence. Outside, beautifully landscaped grounds lead to the water’s edge, creating an idyllic setting for lakeside living and year-round enjoyment. Rarely does a home so successfully balance architectural significance with comfort, privacy, and livability. Located in a cherished waterfront setting, this custom residence just completed in 2021 with new dock, offers a once-in-a-generation opportunity to experience iconic Northwest luxury at its finest.
    52 days
    |
    2,402
    |
    137
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tere Foster,

    COMPASS,

    Moya Skillman,

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2522184MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 1
      • 3/4 bathrooms: 3
      • 1/2 bathrooms: 2
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bathroom full
      • Level: Lower
      Bathroom three quarter
      • Level: Lower
      Bathroom three quarter
      • Level: Lower
      Bathroom three quarter
      • Level: Lower
      Other
      • Level: Lower
      Other
      • Level: Lower
      Other
      • Level: Main
      Den office
      • Level: Lower
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Great room
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Rec room
      • Level: Lower
      Utility room
      • Level: Lower
      Heating
      • Fireplace, Forced Air, High Efficiency (Unspecified), Radiant, Electric, Natural Gas
      Cooling
      • High Efficiency (Unspecified)
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
      Features
      • Bath Off Primary, Dining Room, High Tech Cabling, Pantry
      • Flooring: Ceramic Tile, Concrete, Engineered Hardwood, Stone
      • Windows: Dbl Pane/Storm Window
      • Basement: Daylight,Finished
      • Number of fireplaces: 1
      • Fireplace features: Gas, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 4,540
      • Total interior livable area: 4,540 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Pantry, Security System, SMART Wired, Sprinkler System, Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator, Wired for Generator
      • Has spa: Yes
      • Has view: Yes
      • View description: City, Lake, Mountain(s), Territorial
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Low Bank, Bulkhead, Lake
      • Frontage length: Waterfront Ft: 103
      Lot
      • Size: 0.48 Acres
      • Features: Dead End Street, Paved, Secluded, Cable TV, Deck, Dock, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Moorage, Outdoor Fireplace, Patio, Sprinkler System
      • Topography: Level,Sloped,Terraces
      Details
      • Parcel number: 3623500387
      • Special conditions: Standard
      • Other equipment: Wired for Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Flat
      Condition
      • Very Good
      • Year built: 2021
      • Major remodel year: 2021
      Details
      • Builder name: Gallagher Co. Construction

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: City of Mercer Island
      • Water: Public, Company: City of Mercer Island
      • Utilities for property: Quantum

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $3,083/sqft
      • Tax assessed value: $7,606,000
      • Annual tax amount: $49,542
      • Date on market: 5/12/2026
      • Cumulative days on market: 53 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)

        Estimated market value

        $12,909,300

        $12.26M - $13.55M

        $7,679/mo

        Price history

        DateEventPrice
        5/13/2026Listed for sale$13,995,000+366.5%$3,083/sqft
        Source: NWMLS as distributed by MLS GRID #2522184 Report a problem
        8/31/2018Sold$3,000,000+134.9%$661/sqft
        Source: Public Record Report a problem
        5/24/2018Sold$1,277,210-39.2%$281/sqft
        Source: Public Record Report a problem
        7/21/2016Sold$2,100,000$463/sqft
        Source: NWMLS as distributed by MLS GRID #954140 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$49,543 +3.7%$7,606,000 +4.2%
        2024$47,782 +1.3%$7,299,000 +6.5%
        2023$47,180 -8.1%$6,855,000 -18.1%
        2022$51,319 +11.4%$8,370,000 +33.8%
        2021$46,053 +4.2%$6,256,000 +13.3%
        2020$44,201 +91.9%$5,524,000 +89.4%
        2019$23,034 +6.9%$2,916,000 +1.7%
        2018$21,550 -9.9%$2,868,000 +4%
        2017$23,925 +29.4%$2,758,000 +9.3%
        2016$18,490 $2,524,000 +10.4%
        2015$18,490 $2,287,000 +8.2%
        2014$18,490 $2,114,000 -3.2%
        2013$18,490 $2,185,000 -2.5%
        2012-- $2,241,000 +0.9%
        2011-- $2,220,000 -7.2%
        2010-- $2,393,000
        2009-- $2,393,000 +137.9%
        2007-- $1,006,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98040

        Getting around

        23 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        33 / 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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