$10,400,000
Listed at $10,980,0005 bd•1.5 ba•5,709 sq ft
8620 N Mercer Way, Mercer Island, WA 98040
• Listed 2025-05-27
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Based on information submitted to the MLS GRID as of October 11, 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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A rare opportunity at this custom, newly constructed waterfront jewel on a level lot. Enjoy year-round deep-water moorage for a yacht, smaller boats & water toys along the 65 feet lakefront. A manicured lawn leads to a sandy beach in a serene bay, perfect for wading into the calm water that reaches more than 10 feet deep at the end of the dock. The residence masterfully combines timeless design with contemporary elevated style. Expansive floor-to-ceiling windows frame panoramas, as light-filled living spaces showcase the designer finishes. The versatile floor plan adapts to every need. Relax and enjoy your morning coffee or evening wine on the generous deck. Located on North Island, offering easy access to both Seattle and Bellevue.
Listed by Ling Drost • We Lakeside
Listing updated: October 11, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2381467
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sun, Jun 21$10,025,000
-$375,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $7.25M and $15M.
Rental earnings
$30,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$10,400,000Last sold price
8620 N Mercer Way, Mercer Island, WA 98040
$11,525,000Last sold price
9626 Se 34th Street, 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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Tere Foster · COMPASS
$8,500,000
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Martin J. Ho · Berkshire Hathaway HS NW
$9,100,000
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Kelly Weisfield · COMPASS
$11,988,000
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Trung Pham · John L. Scott, Inc
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Joan C. Bayley · Windermere Real Estate/East
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Diane Tien · Realogics Sotheby's Int'l Rlty
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Shawn Filer · Real Residential
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 4 days.
$4,350,000 Sold
3 weeks ago
5 bd•2 ba•~4,310 sq ft•Single Family
8371 Se 31st Street, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.3 mi
Distance
$1,625,000 Sold
3 weeks ago
3 bd•1 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
—
Days on market
1.0 mi
Distance
$2,785,000 Sold
6 weeks ago
4 bd•2.5 ba•~3,270 sq ft•Single Family
3712 88th Avenue Se, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.6 mi
Distance
$3,000,000 Sold
6 weeks ago
4 bd•3 ba•~4,240 sq ft•Single Family
8612 Se 36th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.5 mi
Distance
$2,055,000 Sold
6 weeks ago
4 bd•1 ba•~3,260 sq ft•Single Family
3905 96th Avenue Se, Mercer Island, WA 98040
1%
Under list
—
Days on market
0.7 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 Jun 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.
