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Listed by Patrick T. Moore • Windermere Real Estate/East.Some photos are virtually staged
FOR SALE

$6,995,000

Est. $38,746/mo

Price reduced $255,000 from the original $7,250,000 asking price

5 bd•5 ba•5,100 sq ft

7254 N Mercer Way, Mercer Island, WA 98040

• Listed Apr 18, 2025•542 days active · 542 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere Real Estate/East; Patrick T. Moore; 425-260-0123; patrickmoore@windermere.com

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Listing Broker: Windermere Real Estate/East; Patrick T. Moore; 425-260-0123; patrickmoore@windermere.com

About this home

A spotless and stunning new-construction home. Sited on the conveniently located north end with easy access to downtown Mercer Island, I-90, Bellevue and Seattle. Captivating lake and city views! Live exceptionally in this perfectly crafted masterpiece, featuring a great room concept with dramatic views which opens to an expansive deck with built-in barbeque and cooking station, two designer kitchens, ensuite bedrooms and the finest fixtures and finishes. High tech and high concept; wired for servers, generator, speakers and blinds. High tech security system. Garage has three outlets for EV charging. Multiple decks and patios present spot-on views of Bellevue's gleaming skyline and fireworks from summer celebrations.

Property type
Single Family
Year built
2025
Interior
5,100 sq ft
Lot size
0.3261 acres
Parking
3-car garage
Price / sq ft
$1372
HeatingForced Air, Heat Pump, Radiant
CoolingCentral Air, Forced Air
Property taxes$39,470/yr (est.)
School districtMercer Island

Listed by Patrick T. Moore • Windermere Real Estate/East

Listing updated: October 7, 2026 at 12:15pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2359638

Around this home

RexMont OfferEdge™

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7254 N Mercer Way, Mercer Island, WA 98040

List price
$6,995,000
Down payment
$1,399,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Second Kitchen
  • Bath Off Primary
  • Built-In Vacuum
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Fireplace (Primary Bedroom)
  • French Doors
  • High Tech Cabling
  • Pantry
  • Security System
  • Skylight(s)
  • Sprinkler System
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • Wet Bar
  • Wine/Beverage Refrigerator
  • Wired for Generator
  • 3 fireplaces (gas)
  • Daylight basement

Kitchen

  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Tankless Water Heater
  • Washer

Bedrooms

  • 5 bedrooms total
  • 3 upstairs
  • 2 on the lower level

Bathrooms

  • 3 full bathrooms
  • 2 three-quarter bathrooms (shower, no tub)
  • 1 half bathroom
  • 5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 5,100 sq ft finished

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Radiant heating
  • Central Air cooling
  • Forced Air cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Partial Slope
Zoning jurisdiction
City

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
tankless
Water heater location
basement
Irrigation water rights
No

Rooms & extras

Bathtubs
3
Showers
5
Fireplaces on main
1
Fireplaces upstairs
1
Fireplaces lower level
1

New construction

New construction state
Completed
Estimated completion
Apr 18, 2025
Builder
GIB, LLC
Square footage source
Builder's Plans
Lot size source
KCR
Effective year built source
See Remarks

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

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Sales & Tax Records for 7254 N Mercer Way

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 7, 2026
    Price reduced
    NWMLS via MLS Grid · #2359638
    $6,995,000
    $1,372/sq ft
  2. Apr 18, 2025
    Listed
    NWMLS via MLS Grid · #2359638
    $7,250,000
    $1,422/sq ft
  3. Feb 8, 2011
    Recorded sale
    King County recorder · Statutory warranty deed
    $3,150,000
    $618/sq ft

Mortgage payment forecast

$43,784 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Windermere Real Estate/East; Patrick T. Moore; 425-260-0123; patrickmoore@windermere.com

Market pulse

Mercer Island is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,852,500 Sold

    2 weeks ago

    4 bd•3 ba•~3,490 sq ft•Single Family

    6605 SE 24th Street, Mercer Island, WA 98040

    7%

    Under list

    12

    Days on market

    0.4 mi

    Distance

  • $3,420,000 Sold

    4 weeks ago

    5 bd•4.5 ba•~3,930 sq ft•Single Family

    3237 74th Avenue SE, Mercer Island, WA 98040

    0%

    Over list

    —

    Days on market

    0.9 mi

    Distance

  • $2,200,000 Sold

    7 weeks ago

    2 bd•1 ba•~1,110 sq ft•Single Family

    2728 60th Avenue SE, Mercer Island, WA 98040

    2%

    Over list

    21

    Days on market

    0.7 mi

    Distance

  • $2,000,000 Sold

    7 weeks ago

    3 bd•1.75 ba•~1,450 sq ft•Single Family

    7247 SE 29th Street, Mercer Island, WA 98040

    8%

    Over list

    17

    Days on market

    0.6 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 7, 2026 at 12:15pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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