only 10 possible out of 800 waterfront offerings - that is how rare this offering is. Sylvan Reach combines two parcels, two waterfronts in a once-in-a-generation waterfront holding on southwest Mercer Island encompassing 200 feet of southwest-facing Lake Washington shoreline across over 3/4 acre from street to water, featuring three docks, two homes, and a log cabin. This extraordinary two-parcel offering delivers rare scale, privacy, and long-term potential. The low-to-mid bank waterfront includes a 65-foot deep-water yacht moorage, a swimming dock, and a 30-foot boat dock. Set among evergreens and frequented by eagles, the land unfolds from elevated outlooks with views toward Mount Rainier down to the water’s edge. Three existing structures—each positioned for privacy and separation—offer immediate use while preserving flexibility for a future legacy vision. Whether reimagined as a singular estate or thoughtfully divided into two substantial homes, the site invites a buyer with patience, creativity, and a long horizon. Accessed by private driveways from both the north and south, the property offers rare seclusion without sacrificing proximity to town, parks, and transit. Enjoy one of the longest arcs of sun in Seattle. Survey and Feasibility for waterfront property available.
Active
Listed by: Realogics Sotheby's Int'l Rlty • Diane Tien
$12,000,000
8025 W Mercer Way, Mercer Island, WA 98040
5beds
5,100sqft
Single Family Residence
Built in 1947
0.77 Acres Lot
$10,769,200 Zestimate®
$2,353/sqft
$-- HOA
What's special
Two homesViews toward mount rainierSwimming dockThree docksLog cabinElevated outlooksSet among evergreens
- 142 days |
- 583 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Diane Tien,
Realogics Sotheby's Int'l Rlty
Source: NWMLS as distributed by MLS GRID,MLS#: 2478334
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Main
Den office
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Other
- Level: Garage
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Oil
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: electric, Water Heater Location: lower level
Features
- Dining Room, Loft
- Flooring: Stone, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Daylight,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total interior livable area: 5,100 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport, Detached Garage, None
- Has garage: Yes
- Has carport: Yes
- Covered spaces: 3
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, Loft, Skylight(s), Walk-In Closet(s), Water Heater, Wine/Beverage Refrigerator, Wired for Generator
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Medium Bank, Lake
- Frontage length: Waterfront Ft: 120
Lot
- Size: 0.77 Acres
- Features: Dead End Street, Paved, Secluded, Value In Land, Deck, Dock, Irrigation, Moorage, Propane, Sprinkler System
- Topography: Partial Slope,Sloped,Steep Slope
- Residential vegetation: Fruit Trees, Wooded
Details
- Parcel number: 3358500020
- Zoning: R15
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Good
- Year built: 1947
- Major remodel year: 1947
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Mercer Island
- Water: Lake, Public, Company: Mercer Island
Community & HOA
Community
- Subdivision: West Mercer
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $2,353/sqft
- Tax assessed value: $3,579,000
- Annual tax amount: $22,602
- Date on market: 2/11/2026
- Cumulative days on market: 143 days
- Listing terms: Assumable
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$10,769,200
$10.23M - $11.42M
$6,251/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Listed for sale | $12,000,000+4110.5%$2,353/sqft |
Source:  NWMLS as distributed by MLS GRID #2478334 Report a problem | ||
| 10/19/1987 | Sold | $285,000$56/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,324 +3.2% | $3,579,000 +3.7% |
| 2024 | $22,602 -0.6% | $3,451,000 +4.5% |
| 2023 | $22,743 +0.4% | $3,303,000 -10.6% |
| 2022 | $22,659 +11.4% | $3,694,000 +33.8% |
| 2021 | $20,335 +1.8% | $2,761,000 +10.6% |
| 2020 | $19,982 +16.6% | $2,496,000 +15.1% |
| 2019 | $17,130 +7.4% | $2,168,000 +2.2% |
| 2018 | $15,950 -10.2% | $2,122,000 +3.6% |
| 2017 | $17,771 +32.1% | $2,048,000 +11.1% |
| 2016 | $13,457 | $1,844,000 +10.4% |
| 2015 | $13,457 | $1,670,000 +8.6% |
| 2014 | $13,457 | $1,538,000 -6% |
| 2013 | $13,457 | $1,636,000 -2.5% |
| 2012 | -- | $1,678,000 -4.8% |
| 2011 | -- | $1,763,000 -7.3% |
| 2010 | -- | $1,901,000 |
| 2009 | -- | $1,901,000 +36.1% |
| 2007 | -- | $1,397,000 +9.9% |
| 2006 | -- | $1,271,000 +8.9% |
| 2005 | -- | $1,167,000 +18.6% |
| 2001 | $9,406 +26.6% | $984,000 +39.8% |
| 2000 | $7,431 | $704,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Lakeridge Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Lakeridge 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Mercer Island
- 98040
- 8025 W Mercer Way
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