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  • Listed by: Windermere Mercer Island • Jessica Livingston
    Bought with: Coldwell Banker Danforth
    $2,450,000

    4851 88th Place SE, Mercer Island, WA 98040

    4beds
    3,800sqft
    Single Family Residence
    Built in 1967
    0.48 Acres Lot
    $2,423,800 Zestimate®
    $645/sqft
    $7,829 Estimated rent

    Home value

    $2,423,800

    $2.25M - $2.62M

    $7,829/mo

    Zestimate® history
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    What's special

    Chic malm fireplaceHuge trex deckBlack floor-to-ceiling windowsPreserved vaulted wood ceilingsRefinished hardwood floorsFamily roomTons of storage
    Truly one of a kind! Step into the dramatic skylight atrium & experience a home that perfectly blends iconic mid-century design with modern upgrades. Thoughtfully rebuilt, the owners refinished hardwood floors, preserved vaulted wood ceilings, and chose new fixtures to complement the mid-century modern style - like black floor-to-ceiling windows & a chic Malm fireplace. Major system updates include electric, plumbing, furnace, foundation, windows, new exterior paint, EV charging & a long-life metal roof. Fantastic layout with 4 beds, 4 baths, family room, flex spaces & tons of storage. There is truly room for everyone in this house! Set on nearly half an acre surrounded by trees, this exceptionally private sanctuary features sitting areas, garden beds, a greenhouse, lawn & huge Trex deck.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Livingston,

    Windermere Mercer Island

    Bought with:

    Tami Marie Foust, 9642

    Coldwell Banker Danforth

    Source: NWMLS as distributed by MLS GRID,MLS#: 2488699MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Lower
    Bathroom three quarter
    • Level: Lower
    Bathroom three quarter
    • Level: Main
    Bonus room
    • Level: Lower
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Lower
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Lower
    Heating
    • Fireplace, 90%+ High Efficiency, Forced Air, Radiant, Electric, Natural Gas
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Basement
    Features
    • Bath Off Primary, Dining Room
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: Daylight
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 3,800
    • Total interior livable area: 3,800 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Driveway
    • Has carport: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Solarium/Atrium, Vaulted Ceiling(s), Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.48 Acres
    • Features: Cul-De-Sac, Dead End Street, Paved, Cable TV, Deck, Electric Car Charging, Gas Available, Green House, High Speed Internet, Patio
    • Topography: Partial Slope,Terraces
    • Residential vegetation: Garden Space, Wooded
    Details
    • Parcel number: 5463700050
    • 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: Metal
    Condition
    • Updated/Remodeled
    • Year built: 1967

    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

    Community & HOA

    Community
    • Subdivision: Mid Island
    Location
    • Region: Mercer Island

    Financial & listing details

    • Price per square foot: $645/sqft
    • Tax assessed value: $2,016,000
    • Annual tax amount: $13,148
    • Date on market: 5/11/2026
    • Cumulative days on market: 11 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    4/21/2026Sold$2,450,000-1.8%$645/sqft
    Source: NWMLS as distributed by MLS GRID #2488699 Report a problem
    3/29/2026Pending sale$2,495,000$657/sqft
    Source: NWMLS as distributed by MLS GRID #2488699 Report a problem
    3/18/2026Listed for sale$2,495,000+149.5%$657/sqft
    Source: NWMLS as distributed by MLS GRID #2488699 Report a problem
    6/12/2020Sold$1,000,000+5.3%$263/sqft
    Source: NWMLS as distributed by MLS GRID #1603095 Report a problem
    6/3/2020Pending sale$950,000$250/sqft
    Source: Windermere Real Estate Co. #1603095 Report a problem
    5/29/2020Listed for sale$950,000$250/sqft
    Source: Windermere Real Estate Co. #1603095 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,148 +10%$2,016,000 +10.5%
    2024$11,955 +1.3%$1,824,000 +6.5%
    2023$11,804 +0.4%$1,713,000 -10.6%
    2022$11,762 +22.9%$1,916,000 +47.6%
    2021$9,569 +4.2%$1,298,000 +13.3%
    2020$9,184 +9.2%$1,146,000 +7.8%
    2019$8,408 +7.3%$1,063,000 +2.1%
    2018$7,832 -4.1%$1,041,000 +10.7%
    2017$8,163 +27.7%$940,000 +7.4%
    2016$6,394 $875,000 +10.3%
    2015$6,394 $793,000 +8.6%
    2014$6,394 $730,000 +3.1%
    2013$6,394 $708,000 +8.4%
    2012-- $653,000 +1.2%
    2011-- $645,000 -4.6%
    2010-- $676,000
    2009-- $676,000 +27.3%
    2007-- $531,000 +7.7%
    2006-- $493,000 +9.8%
    2005-- $449,000 -1.8%
    2001$4,371 +4.8%$457,000 +15.7%
    2000$4,172 $395,000
    Find assessor info on the county website

    Neighborhood: 98040

    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
    $2,423,800
    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
    $2,423,800