The epitome of waterfront living on Mercer Island's tranquil north shore. This rare rambler-style beach house offers a serene retreat with 4 bedrooms, including a primary suite boasting stunning views & 5-piece bath. The 85ft of private low-bank waterfront & sandy beach provide the perfect escape. Luther Burbank Park borders the west side, enhancing the natural beauty of the surroundings. Private dock w/covered boat & jet ski lifts offer unparalleled convenience. Spacious backyard features a large deck,Viking grill, sportcourt, hot tub, and panoramic views of Mt. Rainier & the Eastside. With an attached 3-car garage, this home seamlessly combines luxury with practicality. Newly refinished hardwood floors. Shared access with two neighbors to a 2nd dock and sandy beach next door with additional 15 feet of waterfront, bringing combined contiguous waterfront total to 100 feet.
Active
Listed by: Berkshire Hathaway HS NW • Martin J. Ho
$8,500,000
8428 N Mercer Way, Mercer Island, WA 98040
4beds
3,900sqft
Single Family Residence
Built in 1986
0.45 Acres Lot
$7,630,100 Zestimate®
$2,179/sqft
$-- HOA
What's special
Spacious backyardRambler-style beach houseLarge deckNewly refinished hardwood floorsHot tubViking grill
- 508 days |
- 795 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2353107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 5
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Other
- Level: Main
Bonus room
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Heat Pump, Electric, Wood
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room, High Tech Cabling
- Flooring: Hardwood, Marble, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 3
- Fireplace features: Gas, Wood Burning, Main Level: 3, Fireplace
Interior area
- Total structure area: 3,900
- Total interior livable area: 3,900 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Skylight(s), Sprinkler System, Walk-In Closet(s), Wet Bar
- Has spa: Yes
- Spa features: Indoor, Bath
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Lake, No Bank
- Frontage length: Waterfront Ft: 85
Lot
- Size: 0.45 Acres
- Features: Cul-De-Sac, Dead End Street, Paved, Secluded, Athletic Court, Deck, Dock, Dog Run, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 8106100010
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1986
- Major remodel year: 1986
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Security: Security System
- Subdivision: Mercer Island
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $2,179/sqft
- Tax assessed value: $7,378,000
- Annual tax amount: $48,267
- Date on market: 3/30/2025
- Cumulative days on market: 510 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 12000
Estimated market value
$7,630,100
$7.25M - $8.01M
$7,924/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Price change | $15,000+25%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/13/2025 | Listed for rent | $12,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2025 | Price change | $8,500,000-5.3%$2,179/sqft |
Source:  NWMLS as distributed by MLS GRID #2353107 Report a problem | ||
| 4/1/2025 | Listed for sale | $8,980,000$2,303/sqft |
Source: NWMLS as distributed by MLS GRID #2353107 Report a problem | ||
| 1/21/2025 | Listing removed | $12,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/11/2025 | Listed for rent | $12,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2024 | Listing removed | $8,980,000$2,303/sqft |
Source:  Berkshire Hathaway HomeServices NW #NWM2219163 Report a problem | ||
| 9/13/2024 | Listing removed | $12,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Price change | $8,980,000-7.9%$2,303/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2219163 Report a problem | ||
| 4/25/2024 | Listed for rent | $12,000+33.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2024 | Listed for sale | $9,750,000+8.5%$2,500/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2219163 Report a problem | ||
| 11/2/2023 | Listing removed | $8,988,000$2,305/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2053391 Report a problem | ||
| 7/28/2023 | Price change | $8,988,000-5.3%$2,305/sqft |
Source: Berkshire Hathaway HomeServices NW #2053391 Report a problem | ||
| 6/20/2023 | Price change | $9,488,000-3.2%$2,433/sqft |
Source: Berkshire Hathaway HomeServices NW #2053391 Report a problem | ||
| 4/9/2023 | Listed for sale | $9,800,000+176.1%$2,513/sqft |
Source: Berkshire Hathaway HomeServices NW #2053391 Report a problem | ||
| 12/4/2019 | Listing removed | $9,000$2/sqft |
Source: Berkshire Hathaway HS NW #1495000 Report a problem | ||
| 7/25/2019 | Listed for rent | $9,000$2/sqft |
Source: Berkshire Hathaway HS NW #1495000 Report a problem | ||
| 2/24/2012 | Sold | $3,550,000-0.2%$910/sqft |
Source: Public Record Report a problem | ||
| 10/11/2000 | Sold | $3,556,000$912/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $48,059 -1.7% | $7,378,000 -1.2% |
| 2024 | $48,889 +1.3% | $7,468,000 +6.5% |
| 2023 | $48,267 -6.2% | $7,013,000 -16.4% |
| 2022 | $51,460 +11.4% | $8,393,000 +33.8% |
| 2021 | $46,178 +4.2% | $6,273,000 +13.3% |
| 2020 | $44,322 +4.8% | $5,539,000 +3.4% |
| 2019 | $42,302 +7.4% | $5,357,000 +2.2% |
| 2018 | $39,395 -10.3% | $5,244,000 +3.6% |
| 2017 | $43,905 +32.2% | $5,062,000 +11.1% |
| 2016 | $33,212 | $4,556,000 +10.4% |
| 2015 | $33,212 | $4,126,000 +8.6% |
| 2014 | $33,212 | $3,798,000 +4.3% |
| 2013 | $33,212 | $3,641,000 +8.5% |
| 2012 | -- | $3,357,000 -4.8% |
| 2011 | -- | $3,525,000 -17.4% |
| 2010 | -- | $4,267,000 |
| 2009 | -- | $4,267,000 -0.3% |
| 2007 | -- | $4,279,000 +10.2% |
| 2006 | -- | $3,884,000 +9.8% |
| 2005 | -- | $3,536,000 +49.6% |
| 2001 | $22,589 +8.6% | $2,364,000 +19.9% |
| 2000 | $20,793 | $1,971,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Northwood Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 3.4 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 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.
- $8,300,0005 bd5 ba5k sqft8440 N Mercer Way, Mercer Island, WA 98040Sold
- $3,100,0005 bd3 ba3.8k sqft8438 N Mercer Way, Mercer Island, WA 98040Sold
- $3,598,0005 bd5 ba4.3k sqft4640 SE 90th Ave SE, Mercer Island, WA 98040Off Market
- $10,400,0005 bd5 ba5.7k sqft8620 N Mercer Way, Mercer Island, WA 98040Sold
- $2,900,0003 bd5 ba3.5k sqft8220 SE 29th St, Mercer Island, WA 98040Sold
- $3,565,0001 bd1 ba5k sqft8234 SE 26th St, Mercer Island, WA 98040Sold
- $2,395,0004 bd3 ba2.5k sqft2431 84th Ave SE, Mercer Island, WA 98040Sold
- $2,700,0004 bd3 ba3.4k sqft2429 84th Ave SE, Mercer Island, WA 98040Sold
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $6,880,0005 bd5 ba5.5k sqftLakeholm Addition, Mercer Island, WA 98040Active
MLS ID #2572498, Joan C. Bayley. NWMLS as distributed by MLS GRID - $6,495,0004 bd5 ba4.5k sqft9418 SE 33rd Street, Mercer Island, WA 98040Active
MLS ID #2565108, Daniel B. Gottesman. NWMLS as distributed by MLS GRID - $7,999,8806 bd5 ba5.1k sqftHolly Lane, Mercer Island, WA 98040Active
MLS ID #2522070, Scott Richards. NWMLS as distributed by MLS GRID - $9,950,0005 bd5 ba5.4k sqft(Undisclosed Address), Mercer Island, WA 98040Active
MLS ID #2531459, Cory Quinn. NWMLS as distributed by MLS GRID - $8,295,0004 bd5 ba4.7k sqft5629 Pleasure Point Lane SE, Bellevue, WA 98006ActiveMLS ID #2560667, Kristina Sunwoo. NWMLS as distributed by MLS GRID
- $6,250,0004 bd4 ba4.3k sqftMercer Island Park Add, Mercer Island, WA 98040ActiveMLS ID #2515323, Philip N. Gerisilo. NWMLS as distributed by MLS GRID
- $5,000,0004 bd5 ba4.1k sqftFlood-Dearborn Add, Mercer Island, WA 98040ActiveMLS ID #2551386, Julia Wilson. NWMLS as distributed by MLS GRID
- $9,590,0005 bd6 ba5.3k sqft8260 Avalon Drive, Mercer Island, WA 98040ActiveMLS ID #2390251, Robyn Kimura Hsu. NWMLS as distributed by MLS GRID
- $7,635,0003 bd6 ba5.7k sqft16 Enatai Drive, Bellevue, WA 98004ActiveMLS ID #2569013, Terry Allen. NWMLS as distributed by MLS GRID
- $4,500,0005 bd7 ba4.6k sqft2965 74th Avenue SE, Mercer Island, WA 98040ActiveMLS ID #2570703, Tere Foster. NWMLS as distributed by MLS GRID
- $7,120,0006 bd5 ba5.7k sqft2242 79th Avenue NE, Medina, WA 98039ActiveMLS ID #2570687, Tere Foster. NWMLS as distributed by MLS GRID
- $11,988,0004 bd4 ba4.5k sqft4014 E Mercer Way, Mercer Island, WA 98040ActiveMLS ID #2520515, Trung Pham. NWMLS as distributed by MLS GRID
- $6,680,0004 bd5 ba5.1k sqft8443 NE 6th Street, Medina, WA 98039ActiveMLS ID #2563308, Xia Cutter. NWMLS as distributed by MLS GRID
- $6,800,0004 bd3 ba4.8k sqft11055 SE Lake Road, Bellevue, WA 98004ActiveMLS ID #2546360, Haleh Clapp. NWMLS as distributed by MLS GRID
- $5,980,0005 bd5 ba4.4k sqft9135 NE 19th St, Clyde Hill, WA 98004ActiveMLS ID #2568866, Sheryl Yang. NWMLS as distributed by MLS GRID
- $7,499,9992 bd2 ba2.7k sqft2521 103 Avenue SE, Bellevue, WA 98004ActiveMLS ID #2522984, Richard McKee. NWMLS as distributed by MLS GRID
- $7,600,0005 bd4 ba3.6k sqft1300 8th Street W, Kirkland, WA 98033ActiveMLS ID #2563428, Fay Besharat. NWMLS as distributed by MLS GRID
- $8,695,0006 bd4 ba5.3k sqft3223 Evergreen Point Road, Medina, WA 98039ActiveMLS ID #2524081, Scott Whittlesey. NWMLS as distributed by MLS GRID
- $6,995,0005 bd6 ba5.1k sqft7254 N Mercer Way, Mercer Island, WA 98040ActiveMLS ID #2359638, Patrick T. Moore. NWMLS as distributed by MLS GRID
- $6,888,8886 bd5 ba4.2k sqftNewport Revised Division No. 1,, Bellevue, WA 98006ActiveMLS ID #2434248, Nicholas Riddell. NWMLS as distributed by MLS GRID
