Rare shared waterfront property on N. Mercer Island. This meticulously maintained 5-bedroom, 3-bathroom home is defined by two things: exceptional natural light & stunning mature greenery that surrounds every window. Skylights, soaring vaulted ceilings, & walls of wood-framed windows flood the interior with light throughout the day, with towering evergreens as the backdrop in nearly every room. The living room, the heart of the main level — a tile-encased gas fireplace, westward-facing Lake Washington views, & direct flow to an expansive back deck w/ open sky & treetop views. The kitchen opens to a bright dinette w/ the same lush outlook. The main level also includes a formal dining room, dedicated office with direct deck access, two additional bedrooms, & full bath.The primary suite is sun-drenched, with vaulted ceilings, walk-in closet, private ensuite with skylit soaking tub, & french doors opening to a juliet balcony. A true private retreat.The lower level adds two sizeable bedrooms, a ¾ bath, & a spacious family room.The outdoor spaces are a true extension of the home. The grounds feature a thoughtfully designed landscape with moss-covered stone pathways, a wooden footbridge, sculpted shrubs, ornamental plantings, & mature rhododendrons — years of careful cultivation on full display. Deeded waterfront access includes a private dock directly on Lake Washington via dedicated path. A half-court sports court, back patio & attached garage round out a property that has it all
Sold
Listed by: Windermere Real Estate Co.
Bought with: Coldwell Banker Bain
$3,100,000
8438 N Mercer Way, Mercer Island, WA 98040
5beds
3,800sqft
Single Family Residence
Built in 1978
0.31 Acres Lot
$3,088,400 Zestimate®
$816/sqft
$7,422 Estimated rent
Home value
$3,088,400
$2.87M - $3.34M
$7,422/mo
Zestimate® history
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List your homeWhat's special
Back patioTile-encased gas fireplaceExceptional natural lightAttached garageWooden footbridgeRare shared waterfront propertyWalk-in closet
Zillow last checked:
Listing updated:
Listed by:
Jordan R. Malloch,
Windermere Real Estate Co.
Bought with:
Kevin Kirkaldie, 114604
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2510690
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Split
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Tankless - Gas, Water Heater Location: Basement Utility Room
Features
- Bath Off Primary, Dining Room, Pantry
- Flooring: Ceramic Tile, Laminate, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Split
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Pantry, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.31 Acres
- Features: Curbs, Paved, Sidewalk, Athletic Court, Cable TV, Deck, Dock, Fenced-Partially, Gas Available, High Speed Internet, Patio, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 8106100012
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,1 1/2 Stry w/Bsmt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Very Good
- Year built: 1978
- Major remodel year: 1978
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & neighborhood
Location
- Region: Mercer Island
- Subdivision: Mercer Island
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $3,100,000-1.6%$816/sqft |
Source:  NWMLS as distributed by MLS GRID #2510690 Report a problem | ||
| 4/29/2026 | Pending sale | $3,150,000$829/sqft |
Source: NWMLS as distributed by MLS GRID #2510690 Report a problem | ||
| 4/22/2026 | Listed for sale | $3,150,000$829/sqft |
Source: NWMLS as distributed by MLS GRID #2510690 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,080 +0.2% | $2,620,000 +0.7% |
| 2024 | $17,040 +1.3% | $2,601,000 +6.5% |
| 2023 | $16,826 +0.3% | $2,443,000 -10.6% |
| 2022 | $16,769 +11.4% | $2,733,000 +33.8% |
| 2021 | $15,051 +4.2% | $2,043,000 +13.2% |
| 2020 | $14,447 +5.2% | $1,804,000 +3.9% |
| 2019 | $13,728 +7.3% | $1,737,000 +2.1% |
| 2018 | $12,788 -4% | $1,701,000 +10.8% |
| 2017 | $13,322 +32% | $1,535,000 +11.1% |
| 2016 | $10,091 | $1,382,000 +10.4% |
| 2015 | $10,091 | $1,252,000 +8.6% |
| 2014 | $10,091 | $1,153,000 -3.8% |
| 2013 | $10,091 | $1,199,000 +8.4% |
| 2012 | -- | $1,106,000 +1.3% |
| 2011 | -- | $1,092,000 -7.3% |
| 2010 | -- | $1,178,000 |
| 2009 | -- | $1,178,000 +1.4% |
| 2007 | -- | $1,162,000 +7.8% |
| 2006 | -- | $1,078,000 +9.8% |
| 2005 | -- | $982,000 +23.8% |
| 2001 | $7,581 +6.1% | $793,000 +17.1% |
| 2000 | $7,146 | $677,000 |
Find assessor info on the county website
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Northwood Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 3.4 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$3,088,400
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Estimated market value
$3,088,400
- Washington
- King County
- Mercer Island
- 98040
- 8438 N Mercer Way
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