$2,200,000
Listed at $2,295,0005 bd•4 ba•3,730 sq ft
4741 Fernridge Lane, Mercer Island, WA 98040
• Listed 2025-05-09
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Located near the top of a private lane, this home offers seclusion, security and spectacular views of Lake Washington and the Cascades, plus an opportunity to further reimagine this spacious home. The living room features 18' vaulted ceilings, fireplace and expansive windows that frame the natural beauty beyond. The dining room offers a view from every seat. The kitchen and family room with fireplace and balcony open to the backyard, deck and patio, are perfect for entertaining. A bedroom, den, bath and laundry complete the main level. Upstairs offers a primary ensuite, two bedrooms and bath. The lower level features a kitchenette, flex space, office, bedroom with balcony and bath, great for guests or MIL, extra storage and 3-car garage.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
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Open Sat, Sep 5$2,924,000
+$724,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.75M and $3.15M.
Rental earnings
$8,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,200,000Last sold price
4741 Fernridge Lane, Mercer Island, WA 98040
$1,750,000Last sold price
4825 88th Avenue Se, Mercer Island, WA 98040
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 23, 2025 at 04:03am (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.
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Listed by Steve Hill • Windermere RE Greenwood
Listing updated: October 23, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2362585
Open Sat, Sep 5 +1
Open Sun, Sep 6$2,100,000
4859 86th Avenue Se, Mercer Island, WA 98040
Sam Chapin · Engel & Voelkers Mercer Island
Mercer Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 7 days.
$4,350,000 Sold
3 weeks ago
5 bd•5.25 ba•~5,028 sq ft•Single Family
4216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
—
Days on market
0.9 mi
Distance
$4,650,000 Sold
7 weeks ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.7 mi
Distance
$2,498,000 Sold
2 months ago
5 bd•2.5 ba•~3,480 sq ft•Single Family
8255 Se 59th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
1.0 mi
Distance
$1,625,000 Sold
3 months ago
3 bd•1.75 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.9 mi
Distance
$2,150,000 Sold
3 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
Mercer Island School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
