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
$7,674,300 Zestimate®
$2,179/sqft
$-- HOA
What's special
Spacious backyardRambler-style beach houseLarge deckNewly refinished hardwood floorsHot tubViking grill
- 462 days |
- 724 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2353107
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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
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
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: 464 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
$7,674,300
$7.29M - $8.06M
$7,817/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 | $1,971,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 9/10Northwood 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Mercer Island
- 98040
- 8428 N Mercer Way
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