Rare waterfront opportunity on Mercer Island’s Gold Coast. 100 ft of west-facing waterfront + private dock. Ready to build w/permitted plans. A modern home w/fabulous design from McClellan Architects who curated the residence to be filled w/sweeping lake, city & Seward Park views, while offering multiple outdoor living areas for enjoying the indoor/outdoor lifestyle we love in the PNW. Designed as a home for gathering & modern everyday living shy 5,000 sq ft of luxe finishes & a thoughtful floor plan including 5 bedrooms + office—oriented to the view. Start tomorrow & build the finishes out to your desired specifications. 3-car garage. Fabulous location just minutes to town & commutes in all directions-Your waterfront dream home awaits!
Sold
Listed by: COMPASS • Tere Foster
Bought with: John L. Scott, Inc
$6,125,000
4045 W Mercer Way, Mercer Island, WA 98040
--beds
--baths
0.28Acres
Unimproved Land
Built in ----
0.28 Acres Lot
$2,696,600 Zestimate®
$--/sqft
$3,829 Estimated rent
Home value
$2,696,600
$1.89M - $3.69M
$3,829/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tere Foster,
COMPASS,
Moya Skillman,
COMPASS
Bought with:
Philip N. Gerisilo, 72533
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2341235
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: City, Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Lake
- Frontage length: Waterfront Ft: 100
Lot
- Size: 0.28 Acres
- Features: Dead End Street
- Topography: Level,Sloped
Details
- Parcel number: 3623500395
- Zoning description: Residential,Jurisdiction: City
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: Available, In Street
- Water: Available, In Street
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: West Mercer
Location
- Region: Mercer Island
Financial & listing details
- Tax assessed value: $3,634,200
- Annual tax amount: $20,610
- Date on market: 3/6/2025
- Cumulative days on market: 503 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $6,125,000+42.4% |
Source:  NWMLS as distributed by MLS GRID #2341235 Report a problem | ||
| 1/7/2021 | Sold | $4,300,000-4.4% |
Source: NWMLS as distributed by MLS GRID #1686117 Report a problem | ||
| 11/16/2020 | Pending sale | $4,500,000 |
Source: COMPASS #1686117 Report a problem | ||
| 11/5/2020 | Listed for sale | $4,500,000+81.8% |
Source: COMPASS #1686117 Report a problem | ||
| 5/30/2015 | Listing removed | $2,475,000 |
Source: RE/MAX EASTSIDE BROKERS INC #720499 Report a problem | ||
| 1/3/2015 | Listed for sale | $2,475,000+312.5% |
Source: RE/MAX EASTSIDE BROKERS INC #720499 Report a problem | ||
| 7/29/2010 | Sold | $600,000-33.3% |
Source: NWMLS as distributed by MLS GRID #78557 Report a problem | ||
| 6/9/2010 | Listed for sale | $899,900-43.8% |
Source: Bing Real Estate #78557 Report a problem | ||
| 5/18/2009 | Sold | $1,600,000+204.8% |
Source: Public Record Report a problem | ||
| 6/22/2004 | Sold | $525,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,683 +14% | $3,634,200 +14.6% |
| 2024 | $20,776 +0.8% | $3,172,000 +6% |
| 2023 | $20,610 -0.2% | $2,993,000 -11.1% |
| 2022 | $20,655 +1.1% | $3,367,000 +21.4% |
| 2021 | $20,423 +22.6% | $2,773,000 +33.3% |
| 2020 | $16,654 +181.6% | $2,080,000 +178.4% |
| 2019 | $5,913 +7.3% | $747,000 +2% |
| 2018 | $5,512 -10.3% | $732,000 +3.5% |
| 2017 | $6,143 +35.3% | $707,000 +7.4% |
| 2016 | $4,541 | $658,000 +17.1% |
| 2015 | $4,541 | $562,000 +8.5% |
| 2014 | $4,541 | $518,000 -2.6% |
| 2013 | $4,541 | $532,000 -2.6% |
| 2012 | -- | $546,000 -4.5% |
| 2011 | -- | $572,000 -71.4% |
| 2010 | -- | $1,999,000 |
| 2009 | -- | $1,999,000 +204.7% |
| 2007 | -- | $656,000 +19.5% |
| 2006 | -- | $549,000 +9.8% |
| 2005 | -- | $500,000 +18.8% |
| 2001 | $4,028 +25.4% | $421,000 +38.5% |
| 2000 | $3,212 | $304,000 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10West Mercer Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 2.5 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- 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.
- Washington
- King County
- Mercer Island
- 98040
- 4045 W Mercer Way
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