$1,550,000
Listed at $1,495,0005 bd•1 ba•3,320 sq ft
4728 86th Avenue Se, Mercer Island, WA 98040
• Listed 2025-07-10
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 15, 2025 at 04:06am (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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Discover the potential of this spacious 3,300 square foot mid-century gem nestled in a prime Mercer Island location on a quiet cul-de-sac. Featuring 5 bedrooms and classic architectural details, this home offers an exceptional canvas for your vision. Bring your design ideas and unlock the possibilities—whether you choose to restore its retro charm or create a fresh, modern masterpiece. Generously sized rooms, great natural light, and a versatile floor plan make this a rare opportunity on the Island. Minutes from top-rated schools, parks, shopping, and great restaurants. Easy freeway access to Bellevue and Seattle.
Listed by Brian Hayes • Windermere Real Estate/East
Listing updated: September 15, 2025 at 04:06am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2404098
$1,959,000
+$409,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.65M and $2.42M.
Rental earnings
$5,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,750,000Last sold price
4825 88th Avenue Se, Mercer Island, WA 98040

$1,650,000Last sold price
5 Wembley Lane, 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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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 6 days.
$2,150,000 Sold
4 weeks ago
4 bd•2.5 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.2 mi
Distance
$2,500,000 Sold
4 weeks ago
6 bd•2.5 ba•~4,360 sq ft•Single Family
6145 93rd Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
1.0 mi
Distance
$1,750,000 Sold
5 weeks ago
4 bd•1.5 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.2 mi
Distance
$2,215,000 Sold
5 weeks ago
4 bd•2.5 ba•~4,440 sq ft•Single Family
9261 Se 46th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.5 mi
Distance
$2,315,000 Sold
6 weeks ago
4 bd•1.5 ba•~2,420 sq ft•Single Family
9525 Mercerwood Drive, Mercer Island, WA 98040
1%
Under list
—
Days on market
0.9 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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.