Discover the potential of this spacious 3,300 square foot mid-century gem nestled in a prime Mercer Island location on a quiet cul-de-sac. Featuring 5 bedrooms and classic architectural details, this home offers an exceptional canvas for your vision. Bring your design ideas and unlock the possibilities—whether you choose to restore its retro charm or create a fresh, modern masterpiece. Generously sized rooms, great natural light, and a versatile floor plan make this a rare opportunity on the Island. Minutes from top-rated schools, parks, shopping, and great restaurants. Easy freeway access to Bellevue and Seattle.
Sold
Listed by: Windermere Real Estate/East • Brian Hayes
Bought with: Skyline Properties, Inc.
$1,550,000
4728 86th Avenue SE, Mercer Island, WA 98040
5beds
3,320sqft
Single Family Residence
Built in 1958
10,001 Square Feet Lot
$1,494,600 Zestimate®
$467/sqft
$6,948 Estimated rent
Home value
$1,494,600
$1.38M - $1.63M
$6,948/mo
Zestimate® history
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$9,494/mo
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List your homeWhat's special
Mid-century gemGreat natural lightClassic architectural detailsVersatile floor planQuiet cul-de-sacGenerously sized rooms
Zillow last checked:
Listing updated:
Offers reviewed: Jul 14
Listed by:
Brian Hayes,
Windermere Real Estate/East
Bought with:
Yong Zhou, 25002124
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2404098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Features
- Flooring: Hardwood, Carpet
- Basement: Daylight
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,320
- Total interior livable area: 3,320 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Driveway, Off Street
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 10,001 Square Feet
- Features: Cul-De-Sac, Dead End Street, Deck, Outbuildings
- Topography: Level
Details
- Parcel number: 7598100381
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1958
- Major remodel year: 1958
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City or Mercer Island
- Water: Public, Company: City of Mercer Island
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Mercer Island
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $467/sqft
- Tax assessed value: $1,629,000
- Annual tax amount: $8,869
- Offers reviewed: 07/14/2025
- Date on market: 9/10/2025
- Cumulative days on market: 315 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $1,550,000+3.7%$467/sqft |
Source:  NWMLS as distributed by MLS GRID #2404098 Report a problem | ||
| 7/15/2025 | Pending sale | $1,495,000$450/sqft |
Source: NWMLS as distributed by MLS GRID #2404098 Report a problem | ||
| 7/10/2025 | Listed for sale | $1,495,000$450/sqft |
Source: NWMLS as distributed by MLS GRID #2404098 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,628 +2985% | $1,629,000 +622.4% |
| 2024 | $345 -4.4% | $225,500 |
| 2023 | $361 | $225,500 |
| 2022 | -- | $225,500 |
| 2021 | $423 -7.2% | $225,500 |
| 2020 | $457 +0.9% | $225,500 |
| 2019 | $453 -1.4% | $225,500 |
| 2018 | $459 -6.2% | $225,500 -74.9% |
| 2017 | $489 -10.7% | $897,000 +7.4% |
| 2016 | $548 | $835,000 +10.3% |
| 2015 | $548 | $757,000 +8.6% |
| 2014 | $548 | $697,000 +7.7% |
| 2013 | $548 | $647,000 +8.4% |
| 2012 | -- | $597,000 +164.7% |
| 2011 | -- | $225,500 |
| 2010 | -- | $225,500 |
| 2009 | -- | $225,500 |
| 2007 | -- | $225,500 |
| 2006 | -- | $225,500 |
| 2005 | -- | $225,500 |
| 2001 | $636 -7.4% | $225,500 |
| 2000 | $687 | $225,500 |
Find assessor info on the county website
Neighborhood: 98040
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Nearby schools
GreatSchools rating
- 9/10Island Park Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,494,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,494,600
- Washington
- King County
- Mercer Island
- 98040
- 4728 86th Avenue SE
Nearby cities
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