An extraordinary canvas for building your dream waterfront estate. This prime half-acre property on Mercer Island’s sought-after North End captures breathtaking views of the glittering Bellevue skyline and the tranquil waters of Lake WA. With 82+ feet of private shoreline, a gated entry, lush natural beauty, it’s ready for your vision to unfold. Enjoy a U-shaped covered dock with deep-water moorage and a water’s-edge cabana for lakeside gatherings. From sunrise paddles to twilight moments by the water, this property offers a front-row seat to the best of lakefront living—mins to downtown MI, parks, and top-rated schools, with easy connections to Bellevue and Seattle. Renderings are conceptual only; pricing reflects land value only.
Active
Listed by: Wonderland Real Estate • Alice On
$6,800,000
7220 N Mercer Way, Mercer Island, WA 98040
--beds
--baths
0.57Acres
Unimproved Land
Built in ----
0.57 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private shorelineBreathtaking viewsLush natural beautyDeep-water moorage
- 242 days |
- 472 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Alice On,
Wonderland Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2449152
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 0.57 Acres
- Features: Secluded
- Topography: Sloped
Details
- Parcel number: 5315100033
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: Available
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: North End
Location
- Region: Mercer Island
Financial & listing details
- Tax assessed value: $6,400,000
- Annual tax amount: $44,242
- Date on market: 11/3/2025
- Cumulative days on market: 243 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$18,983/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Listed for sale | $6,800,000+41.7% |
Source:  NWMLS as distributed by MLS GRID #2449152 Report a problem | ||
| 8/21/2019 | Sold | $4,800,000-4% |
Source: NWMLS as distributed by MLS GRID #1469656 Report a problem | ||
| 7/25/2019 | Pending sale | $4,999,000 |
Source: Windermere Real Estate/PSR, Inc. #1469656 Report a problem | ||
| 7/10/2019 | Price change | $4,999,000-3.9% |
Source: Windermere Real Estate/PSR, Inc. #1469656 Report a problem | ||
| 6/11/2019 | Listed for sale | $5,200,000+20.9% |
Source: Windermere Real Estate/PSR, Inc. #1469656 Report a problem | ||
| 4/30/2018 | Sold | $4,300,000-33.8% |
Source: NWMLS as distributed by MLS GRID #1184030 Report a problem | ||
| 2/25/2018 | Pending sale | $6,500,000 |
Source: Windermere Real Estate Midtown #1184030 Report a problem | ||
| 8/29/2017 | Listed for sale | $6,500,000+63.3% |
Source: Windermere Real Estate Midtown #1184030 Report a problem | ||
| 10/22/1999 | Sold | $3,980,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $41,691 -5.8% | $6,400,000 -5.3% |
| 2024 | $44,243 +1.3% | $6,758,000 +6.5% |
| 2023 | $43,685 -6.2% | $6,347,000 -16.4% |
| 2022 | $46,575 +11.4% | $7,596,000 +33.8% |
| 2021 | $41,793 +4.2% | $5,677,000 +13.2% |
| 2020 | $40,114 +1.6% | $5,013,000 +0.2% |
| 2019 | $39,500 -19.7% | $5,002,000 -23.6% |
| 2018 | $49,179 -10.3% | $6,547,000 +3.6% |
| 2017 | $54,804 +27.9% | $6,319,000 +7.5% |
| 2016 | $42,853 | $5,879,000 +10.4% |
| 2015 | $42,853 | $5,324,000 +8.6% |
| 2014 | $42,853 | $4,901,000 +4.3% |
| 2013 | $42,853 | $4,701,000 +8.5% |
| 2012 | -- | $4,334,000 -4.8% |
| 2011 | -- | $4,551,000 -7.2% |
| 2010 | -- | $4,906,000 |
| 2009 | -- | $4,906,000 +9.1% |
| 2007 | -- | $4,495,000 +10.2% |
| 2006 | -- | $4,080,000 +9.8% |
| 2005 | -- | $3,715,000 +38.2% |
| 2001 | $25,684 +26.7% | $2,688,000 +39.9% |
| 2000 | $20,266 | $1,921,000 |
Find assessor info on the county website
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
Nearby schools
GreatSchools rating
- 9/10Northwood Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 4 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.8 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Mercer Island
- 98040
- 7220 N Mercer Way
Nearby cities
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