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    • Listed by: Windermere RE Greenwood • Steven J Hill
    Bought with: Windermere Real Estate/East
    $2,200,000

    4741 Fernridge Lane, Mercer Island, WA 98040

    5beds
    4,047sqft
    Single Family Residence
    Built in 1988
    0.36 Acres Lot
    $2,142,800 Zestimate®
    $544/sqft
    $7,606 Estimated rent

    Home value

    $2,142,800

    Estimated sales range

    Not available

    $7,606/mo

    Zestimate® history
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    What's special

    Located near the top of a private lane, this home offers seclusion, security and spectacular views of Lake Washington and the Cascades, plus an opportunity to further reimagine this spacious home. The living room features 18' vaulted ceilings, fireplace and expansive windows that frame the natural beauty beyond. The dining room offers a view from every seat. The kitchen and family room with fireplace and balcony open to the backyard, deck and patio, are perfect for entertaining. A bedroom, den, bath and laundry complete the main level. Upstairs offers a primary ensuite, two bedrooms and bath. The lower level features a kitchenette, flex space, office, bedroom with balcony and bath, great for guests or MIL, extra storage and 3-car garage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven J Hill,

    Windermere RE Greenwood,

    Sandra L Brenner,

    Windermere RE Greenwood

    Bought with:

    Joan C. Bayley, 38768

    Windermere Real Estate/East

    Source: NWMLS as distributed by MLS GRID,MLS#: 2362585MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Lower
    Bathroom full
    • Level: Main
    Bonus room
    • Level: Lower
    Den office
    • Level: Main
    Den office
    • Level: Lower
    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, High Efficiency (Unspecified), Natural Gas
    Cooling
    • 90%+ High Efficiency
    Appliances
    • Included: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Natural, Water Heater Location: Basement
    Features
    • Bath Off Primary, Dining Room
    • Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Vinyl Plank, Carpet
    • Windows: Double Pane/Storm Window, Skylight(s)
    • Basement: Finished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 4,047
    • Total interior livable area: 4,047 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Attached Garage, Off Street
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Jetted Tub, Security System, Skylight(s), Walk-In Closet(s), Water Heater
    • Spa features: Bath
    • Has view: Yes
    • View description: Lake, Territorial
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.36 Acres
    • Features: Dead End Street, Drought Resistant Landscape, Paved, Cable TV, Deck, Electric Car Charging, Fenced-Partially, High Speed Internet, Irrigation, Patio
    • Topography: Level,Partial Slope,Terraces
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 2524000060
    • Zoning: R15
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 2 Stories w/Bsmnt
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1988

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Mercer Island
    • Water: Public, Company: City of Mercer Island
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Features: CCRs
    • Security: Security System
    • Subdivision: East Mercer
    HOA
    • HOA fee: $500 annually
    • HOA phone: 425-985-2167
    Location
    • Region: Mercer Island

    Financial & listing details

    • Price per square foot: $544/sqft
    • Tax assessed value: $2,549,000
    • Annual tax amount: $13,807
    • Date on market: 7/23/2025
    • Cumulative days on market: 364 days
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    3/21/2026Listing removed$6,995$2/sqft
    Source: Zillow Rentals Report a problem
    3/7/2026Price change$6,995-8%$2/sqft
    Source: Zillow Rentals Report a problem
    12/22/2025Price change$7,600-8.4%$2/sqft
    Source: Zillow Rentals Report a problem
    11/10/2025Price change$8,300-12.6%$2/sqft
    Source: Zillow Rentals Report a problem
    10/25/2025Price change$9,500-17.4%$2/sqft
    Source: Zillow Rentals Report a problem
    10/20/2025Listed for rent$11,500$3/sqft
    Source: Zillow Rentals Report a problem
    9/22/2025Sold$2,200,000-4.1%$544/sqft
    Source: NWMLS as distributed by MLS GRID #2362585 Report a problem
    8/8/2025Pending sale$2,295,000$567/sqft
    Source: NWMLS as distributed by MLS GRID #2362585 Report a problem
    7/28/2025Price change$2,295,000-11.7%$567/sqft
    Source: NWMLS as distributed by MLS GRID #2362585 Report a problem
    7/8/2025Price change$2,600,000-5%$642/sqft
    Source: NWMLS as distributed by MLS GRID #2362585 Report a problem
    6/10/2025Price change$2,738,000-2.1%$677/sqft
    Source: NWMLS as distributed by MLS GRID #2362585 Report a problem
    5/9/2025Listed for sale$2,798,000+2502.8%$691/sqft
    Source: NWMLS as distributed by MLS GRID #2362585 Report a problem
    3/15/2017Sold$107,500-80.7%$27/sqft
    Source: Public Record Report a problem
    10/28/1994Sold$558,100+47.6%$138/sqft
    Source: Public Record Report a problem
    10/8/1993Sold$378,000$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,618 +20.6%$2,549,000 +21.2%
    2024$13,781 +1.3%$2,103,000 +6.5%
    2023$13,607 +0.4%$1,975,000 -10.6%
    2022$13,558 +11.4%$2,209,000 +33.8%
    2021$12,167 +4.2%$1,651,000 +13.2%
    2020$11,679 +1%$1,458,000 -0.3%
    2019$11,565 +7.4%$1,463,000 +2.2%
    2018$10,768 -10.3%$1,432,000 +3.5%
    2017$12,005 +27.7%$1,383,000 +7.5%
    2016$9,401 $1,287,000 +10.4%
    2015$9,401 $1,166,000 +8.6%
    2014$9,401 $1,074,000 +14.4%
    2013$9,401 $939,000 +8.4%
    2012-- $866,000 +1.3%
    2011-- $855,000 -7.4%
    2010-- $923,000
    2009-- $923,000 -10.6%
    2007-- $1,033,000 +7.8%
    2006-- $958,000 +9.7%
    2005-- $873,000 +20.4%
    2001$6,932 0%$725,000 +10.4%
    2000$6,935 $657,000
    Find assessor info on the county website

    Neighborhood: 98040

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Island Park 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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    Estimated market value
    $2,142,800
    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
    $2,142,800

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