Perched and private on Mercer Island’s west-facing slope sits a masterfully constructed home with spectacular views. Built in 2006 by King Construction, this 4 bed, 4 separate bath 6590 sq ft manse boasts views of Lake WA, the Olympics, and the downtown Seattle skyline. Bright and open with soaring ceilings and multiple decks, you’ll enjoy the sun all day until it dips behind the mountains. The master suite is fit for royalty with a massive bathroom, a walk-in closet you can throw a football in, a gym, and the second laundry room. You’ll love the home office, remodeled chef’s kitchen, formal dining, wet bar, two laundry rooms, and tons of storage. The media room and game/party room downstairs make entertaining and Super Bowl parties a must!
Sold
Listed by: Engel & Voelkers Mercer Island • Daniel B. Gottesman
Bought with: Realogics Sotheby's Int'l Rlty
$3,500,000
5045 88th Avenue SE, Mercer Island, WA 98040
4beds
6,590sqft
Single Family Residence
Built in 2006
0.35 Acres Lot
$3,613,000 Zestimate®
$531/sqft
$7,991 Estimated rent
Home value
$3,613,000
$3.40M - $3.87M
$7,991/mo
Zestimate® history
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List your homeWhat's special
Formal diningHome officeSpectacular viewsMaster suiteMassive bathroomWet barParty room
Zillow last checked:
Listing updated:
Listed by:
Daniel B. Gottesman,
Engel & Voelkers Mercer Island,
Sam Chapin,
Engel & Voelkers Mercer Island
Bought with:
Cindy Cyr, 115478
Realogics Sotheby's Int'l Rlty
Source: NWMLS as distributed by MLS GRID,MLS#: 2156694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bathroom full
- Level: Lower
Bathroom full
- Level: Lower
Bathroom full
- Level: Second
Other
- Level: Second
Other
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Second
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwashers_, Double Oven, Dryer(s), GarbageDisposal_, Microwaves_, Refrigerators_, StovesRanges_, Washer(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: Daylight
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 6,590
- Total interior livable area: 6,590 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Sprinkler System, Dining Room, French Doors, Jetted Tub, Security System, Skylight(s), Walk-In Pantry, Walk-In Closet(s), Fireplace
- Spa features: Bath
- Has view: Yes
- View description: City, Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.35 Acres
- Features: Dead End Street, Paved, Cable TV, Deck, Dog Run, Fenced-Fully, Gas Available, High Speed Internet, Patio, Shop
- Topography: Level
- Residential vegetation: Brush, Garden Space
Details
- Parcel number: 1924059336
- 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
- Stucco
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2006
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & HOA
Community
- Security: Security System
- Subdivision: Mid Island
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $531/sqft
- Tax assessed value: $3,653,000
- Annual tax amount: $19,852
- Date on market: 8/27/2023
- Cumulative days on market: 1060 days
- Listing terms: Conventional
- Inclusions: Dishwashers, DoubleOven, Dryers, GarbageDisposal, Microwaves, Refrigerators, StovesRanges, Washers
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2024 | Sold | $3,500,000-5.1%$531/sqft |
Source:  NWMLS as distributed by MLS GRID #2156694 Report a problem | ||
| 3/23/2024 | Pending sale | $3,688,000$560/sqft |
Source: NWMLS as distributed by MLS GRID #2156694 Report a problem | ||
| 2/28/2024 | Price change | $3,688,000-2.8%$560/sqft |
Source: NWMLS as distributed by MLS GRID #2156694 Report a problem | ||
| 9/6/2023 | Price change | $3,795,000-5.1%$576/sqft |
Source:  Engel & Volkers #2156694 Report a problem | ||
| 8/31/2023 | Price change | $3,999,000+5.4%$607/sqft |
Source: Engel & Volkers #2142806 Report a problem | ||
| 8/30/2023 | Price change | $3,795,000-5.1%$576/sqft |
Source: NWMLS as distributed by MLS GRID #2156694 Report a problem | ||
| 7/26/2023 | Listed for sale | $3,999,000+99%$607/sqft |
Source: Engel & Volkers #2142806 Report a problem | ||
| 8/15/2016 | Sold | $2,010,000-6.5%$305/sqft |
Source: NWMLS as distributed by MLS GRID #938111 Report a problem | ||
| 6/3/2016 | Pending sale | $2,149,000$326/sqft |
Source: Windermere Real Estate/Mercer Island #938111 Report a problem | ||
| 5/10/2016 | Listed for sale | $2,149,000+0.4%$326/sqft |
Source: Windermere Real Estate/Mercer Island #938111 Report a problem | ||
| 12/3/2015 | Listing removed | $2,140,000$325/sqft |
Source: John L Scott Real Estate #766591 Report a problem | ||
| 8/24/2015 | Price change | $2,140,000-6.9%$325/sqft |
Source: John L Scott Real Estate #766591 Report a problem | ||
| 6/7/2015 | Price change | $2,298,000-6.2%$349/sqft |
Source: John L Scott Real Estate #766591 Report a problem | ||
| 4/8/2015 | Listed for sale | $2,450,000+1589.7%$372/sqft |
Source: John L Scott Real Estate #766591 Report a problem | ||
| 10/5/1995 | Sold | $145,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,806 +3.7% | $3,653,000 +4.2% |
| 2024 | $22,962 +1.3% | $3,506,000 +6.5% |
| 2023 | $22,674 +1.5% | $3,293,000 -9.6% |
| 2022 | $22,341 +11.4% | $3,642,000 +33.8% |
| 2021 | $20,048 +4.2% | $2,722,000 +13.2% |
| 2020 | $19,246 +2.2% | $2,404,000 +0.8% |
| 2019 | $18,835 +7.4% | $2,384,000 +2.1% |
| 2018 | $17,542 -4% | $2,334,000 +10.8% |
| 2017 | $18,274 +27.8% | $2,106,000 +7.4% |
| 2016 | $14,296 | $1,960,000 +10.4% |
| 2015 | $14,296 | $1,775,000 +8.6% |
| 2014 | $14,296 | $1,634,000 -2.7% |
| 2013 | $14,296 | $1,680,000 +8.5% |
| 2012 | -- | $1,549,000 +1.3% |
| 2011 | -- | $1,529,000 -4.6% |
| 2010 | -- | $1,602,000 |
| 2009 | -- | $1,602,000 -6.6% |
| 2007 | -- | $1,715,000 +258% |
| 2006 | -- | $479,000 +8.9% |
| 2005 | -- | $440,000 +109.5% |
| 2001 | $2,012 +13.2% | $210,000 +25% |
| 2000 | $1,778 | $168,000 |
Find assessor info on the county website
Neighborhood: 98040
Nearby homes
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- $3,100,0005 bd5 ba4.1k sqft5055 W Mercer Way, Mercer Island, WA 98040Sold
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- $--0.909 Acres91 Xx Southeast St #50, Mercer Island, WA 98040Off Market
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Nearby schools
GreatSchools rating
- 9/10Island Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.1 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.
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Estimated market value
$3,613,000
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Estimated market value
$3,613,000
- Washington
- King County
- Mercer Island
- 98040
- 5045 88th Avenue SE
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