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Off market
  • Zestimate®
    $3,466,200

    7447 W Mercer Way, Mercer Island, WA 98040

    4beds
    4,050sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $3,466,200 Zestimate®
    $856/sqft
    $-- Estimated rent

    Home value

    $3,466,200

    $3.29M - $3.64M

    Not available

    Zestimate® history
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    What's special

    Two-level patioElectric fireplaceFormal diningOutdoor kitchenLuxurious primary suiteOversized walk-in closetFully maintained grounds

    Lease a West Mercer Retreat Country Living, Minutes from Seattle & Bellevue Some homes are a place to stay. This one is a place to live well a private, serene setting with genuine day-to-day convenience. Cross the tranquil moat, take in the expansive lake and mountain views and the outside world falls away. Yet everything you need is minutes away. That's the appeal of Mercer Island: a leafy, low-traffic island in the middle of Lake Washington that feels like the countryside while sitting almost exactly between two major job centers. Downtown Seattle and Bellevue are each roughly 1015 minutes away and, new in 2026, the island has its own light rail station. The Mercer Island Station on Sound Transit's 2 Line opened this spring, with trains every 815 minutes connecting directly to downtown Seattle, Bellevue, and the Redmond tech corridor without touching I-90 traffic. If you're relocating from out of state, or anyone commuting to the myriad of companies nearby, or downtown, it's a genuinely car-optional lifestyle. The schools are the headline: Mercer Island consistently ranks as the #1 public school district in Washington State. This home is walking distance into Lakeridge Elementary, Islander Middle School, and the bus stop to the Mercer Island High School is across the street a rare chance to rent into one of the best public-school systems in the Pacific Northwest without a purchase commitment and having to drive the kids, ideal whether you're testing the island before buying or riding out an extended remodel nearby. The setting delivers the true PNW experience. Step out the custom iron door to unobstructed views of Lake Washington and the Olympic Mountains, with south western exposure and year-round sunsets. You're moments from Fleury Trail and 120-acre Pioneer Park miles of forested walking and running trails right in the neighborhood plus the Beach Club and Marina for lake access. Downtown Mercer Island's shops, restaurants, grocery, and farmers market round out an island that quietly has everything while feeling a world apart. Inside, spacious living and dining areas flow into a remodeled chef's kitchen and light-filled family room. The main level offers soaring vaulted ceilings, formal dining, a breakfast nook, and a family room opening onto a private sunset deck. The entire upper level is a luxurious primary suite electric fireplace, private "eagle's nest" deck, spa bath with soaking tub, oversized walk-in closet, and an executive home office ideal for remote work. The lower level enjoys the same sweeping views with three additional bedrooms, a full bath, and a versatile large rec room that flexes into a media room, guest suite, or second office. Outside, a two-level patio offers an outdoor kitchen, hot tub, low-maintenance turf lawn, and ambient lighting for quiet evenings or grand-scale entertaining. Solar panels keep the utility bills low, a three-car garage with EV charger is included, and fully maintained grounds mean you simply move in and enjoy island life. A turnkey opportunity to trade the commute, the compromises, and the maintenance for country living, top-ranked schools, and light rail to the city at your doorstep. - Offered unfurnished for 12 mo lease. - Small dogs considered on a case-by-case basis with an additional $2200 pet deposit. - $1500 non refundable carpet cleaning fee. #7157

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Fireplace, Solar
    Appliances
    • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Vaulted Ceiling(s), Walk In Closet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,050 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Exterior features: Balcony, Cooking Range, Formal Dining Room, Fully Remodeled Kitchen, Sprinkler System, Wine Cellar, Year-Round Sunsets
    • Has spa: Yes
    • Spa features: Spa
    • Has view: Yes
    • View description: Water View
    Details
    • Additional structures: Garage(s)
    • Parcel number: 2524049311

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $7,250
    Location
    • Region: Mercer Island

    Financial & listing details

    • Price per square foot: $856/sqft
    • Tax assessed value: $3,259,000
    • Annual tax amount: $21,241
    • Date on market: 7/10/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/8/2026Listing removed$8,950$2/sqft
    Source: Zillow Rentals Report a problem
    7/10/2026Listed for rent$8,950$2/sqft
    Source: Zillow Rentals Report a problem
    7/10/2026Listing removed$3,690,000$911/sqft
    Source: Realogics Sothebys International Realty #2516113 Report a problem
    5/6/2026Listed for sale$3,690,000+123.6%$911/sqft
    Source: Realogics Sothebys International Realty #2516113 Report a problem
    7/12/2013Sold$1,650,000-2.7%$407/sqft
    Source: NWMLS as distributed by MLS GRID #452355 Report a problem
    4/10/2013Price change$1,695,000-5.6%$419/sqft
    Source: Ewing and Clark #452355 Report a problem
    2/27/2013Listed for sale$1,795,000+39.1%$443/sqft
    Source: Ewing and Clark #452355 Report a problem
    8/25/2003Sold$1,290,000+38.3%$319/sqft
    Source: NWMLS as distributed by MLS GRID #23092529 Report a problem
    12/1/1998Sold$933,000+7.2%$230/sqft
    Source: Public Record Report a problem
    6/24/1994Sold$870,000$215/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,241 +10%$3,259,000 +10.5%
    2024$19,311 -0.6%$2,948,000 +4.5%
    2023$19,434 +0.4%$2,822,000 -10.6%
    2022$19,362 +11.4%$3,156,000 +33.8%
    2021$17,377 -0.2%$2,359,000 +8.5%
    2020$17,414 -13.1%$2,175,000 -14.3%
    2019$20,043 +7.4%$2,537,000 +2.1%
    2018$18,668 -4%$2,484,000 +10.8%
    2017$19,444 +32.1%$2,241,000 +11.1%
    2016$14,715 $2,017,000 +10.4%
    2015$14,715 $1,827,000 +8.6%
    2014$14,715 $1,682,000 +10.1%
    2013$14,715 $1,528,000 +8.4%
    2012-- $1,409,000 +1.3%
    2011-- $1,391,000 -7.3%
    2010-- $1,500,000
    2009-- $1,500,000 +6.4%
    2007-- $1,410,000 +7.9%
    2006-- $1,307,000 +3.1%
    2005-- $1,268,000 +14%
    2001$10,629 -0.1%$1,112,000 +10.3%
    2000$10,637 $1,008,000
    Find assessor info on the county website

    Neighborhood: 98040

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $3,466,200

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $3,466,200