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Listed by Becky Gray • Realogics Sotheby's Int'l Rlty.
FOR SALE

$28,000,000

Est. $155,093/mo

5 bd•5 ba•8,420 sq ft

Address withheld, Mercer Island, WA 98040

• Listed Jun 28, 2025•372 days active · 372 cumulative

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Listing Broker: Realogics Sotheby's Int'l Rlty; Becky Gray; 206-605-1927; Becky.Gray@RSIR.com

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Listing Broker: Realogics Sotheby's Int'l Rlty; Becky Gray; 206-605-1927; Becky.Gray@RSIR.com

About this home

Presenting this legacy waterfront estate for the first time ever. The result of a visionary partnership between Robert Maloney Architects and Thom Schultz / Mercer Builders, this gated European-inspired estate reflects a seamless union of design excellence and masterful construction. Set on over an acre with 100 feet of prime west-facing, no-bank Mercer Island waterfront, offering sweeping lake and city views, a rare private beach, and a dock with boatlift and cover. Arrive via a sweeping, garden-lined drive that winds to an elegant motor court. Exceptionally private and quiet—hidden from the street and neighbors. Inside, timeless architecture evokes grace and grandeur.

Property type
Single Family
Year built
2012
Interior
8,420 sq ft
Lot size
1.34 acres
Parking
4-car garage
Price / sq ft
$3325
Heating90%+ High Efficiency, Forced Air, Radiant, Recirculation Pump
Cooling90%+ High Efficiency, Central Air, Forced Air
Property taxes$85,024/yr (est.)
School districtMercer Island

Listed by Becky Gray • Realogics Sotheby's Int'l Rlty

Listing updated: September 17, 2026 at 11:29am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2400769

Open houses

No upcoming open houses scheduled for this property.

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Address withheld, Mercer Island, WA 98040

List price
$28,000,000
Down payment
$5,600,000

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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
  • Second Primary Bedroom
  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Elevator
  • Fireplace
  • Fireplace (Primary Bedroom)
  • French Doors
  • High Tech Cabling
  • Indoor Pool
  • Sauna
  • Security System
  • SMART Wired
  • Sprinkler System
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar
  • Wine Cellar
  • Wired for Generator
  • 7 fireplaces (gas)
  • Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Refrigerator
  • See Remarks
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 5 bedrooms total
  • 5 upstairs

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
  • 8,420 sq ft finished
  • 1,150 sq ft garage

Flooring

  • Ceramic Tile
  • Concrete
  • Hardwood
  • Marble

Heating & cooling

  • 90%+ High Efficiency heating
  • Forced Air heating
  • Radiant heating
  • Recirculation Pump heating
  • 90%+ High Efficiency cooling
  • Central Air cooling
  • Forced Air cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope,Terraces
Vegetation
Garden Space
Faces
West

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater location
Lower Level
Power company
PSE
Water company
Mercer Island
Sewer company
Mercer Island
Irrigation water rights
No
Internet connected
Comcast
Cable connected
Comcast

Rooms & extras

Pool
Indoor
Bathtubs
3
Showers
5
Fireplaces on main
3
Fireplaces upstairs
4

New construction

Builder
Thom Schultz/Mercer Builders
Square footage source
Architectural Plans
Lot size source
Realist
Effective year built source
Public Records

Manufactured home

Land lease
No

Mortgage payment forecast

$169,178 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: Realogics Sotheby's Int'l Rlty; Becky Gray; 206-605-1927; Becky.Gray@RSIR.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 74 days.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 19, 2026 at 9:46 PM PT (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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