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  • Listed by: Real Residential • Michele Schuler
    Price cut: $3.4M (7/23)
    $1,600,000

    6427 E Mercer Way, Mercer Island, WA 98040

    --beds
    --baths
    0.36Acres
    Unimproved Land
    Built in ----
    0.36 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare opportunity to acquire one of Mercer Island's few fully permitted, construction-ready custom homesites. Included with the sale are approved architectural plans by Seattle-based Citizen Design and building permits for a thoughtfully designed modern residence, allowing buyers to bypass years of design, engineering, permitting and uncertainty while still participating in select finish selections before construction begins. The planned home blends timeless architecture with refined interiors and spaces designed for modern living. Expansive gathering areas connect seamlessly to covered outdoor living, anchored by a chef's kitchen with an oversized island, butler's pantry, dedicated office, main-floor guest suite and functional mudroom. Upstairs, the private primary retreat offers dual walk-in closets and a spa-inspired bath with heated floors, soaking tub and oversized shower, plus three additional bedrooms, two baths and a spacious laundry room. The lower level features a theater, recreation room, wet bar and guest suite with private exterior access. White oak flooring, rift-cut oak cabinetry, natural stone, handmade tile and brushed brass fixtures create a warm, timeless palette inspired by the Pacific Northwest. An extraordinary opportunity to skip years of planning while retaining the ability to personalize select finishes before construction begins. Permit included with sale, offering a rare path to exceptional new home in one of Mercer Island's most coveted settings
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michele Schuler,

    Real Residential

    Source: NWMLS as distributed by MLS GRID,MLS#: 2559421MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.36 Acres
      • Features: Paved, Lightly Treed, Partially Cleared
      • Topography: See Remarks
      • Residential vegetation: See Remarks
      Details
      • Parcel number: 3024059151
      • Zoning: R-15
      • Zoning description: Residential,Jurisdiction: City
      • Special conditions: Standard

      Utilities & green energy

      • Electric: In Street
      • Gas: In Street
      • Sewer: In Street
      • Water: Available, In Street, Jurisdiction: City of Mercer island
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Features: CCRs
      • Subdivision: East Mercer
      Location
      • Region: Mercer Island

      Financial & listing details

      • Annual tax amount: $6,141
      • Date on market: 7/22/2026
      • Cumulative days on market: 2 days
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/23/2026Price change$1,600,000-68%
        Source: NWMLS as distributed by MLS GRID #2559421 Report a problem
        7/23/2026Listed for sale$4,995,000
        Source: NWMLS as distributed by MLS GRID #2559422 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98040

        Getting around

        8 / 100
        Car-Dependent
        21 / 100
        Minimal Transit
        12 / 100
        Somewhat Bikeable

        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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