$5,150,000
Listed at $5,500,0004 bd•4.5 ba•4,450 sq ft
4802 East Mercer Way, Mercer Island, WA 98040
• Listed 2025-09-09
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Based on information submitted to the MLS GRID as of May 13, 2026 at 04:55pm (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.
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Commanding breathtaking Mount Rainier views across pristine Lake Washington, this 4,450 sq ft Mercer Island residence offers an extraordinary blend of lifestyle, location, and opportunity. Four bedrooms, including dual primary suite potential, create versatility for modern living. Gentle, easy access from E Mercer Way leads to a rare, flat 108-ft low-bank waterfront with deep-water moorage for yachts and floatplane. Sun-filled interiors and multiple terraces invite effortless entertaining. With proximity to I-90 and top-rated schools, this is a legacy-level waterfront estate awaiting its next visionary owner.
Listed by Robert Pong • Realogics Sotheby's Int'l Rlty
Listing updated: May 13, 2026 at 04:55pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2422248
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sat, Aug 15 +1$4,624,000
-$526,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.66M and $5.15M.
Rental earnings
$13,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$5,150,000Last sold price
4802 East Mercer Way, Mercer Island, WA 98040
$3,091,250Last sold price
4710 86th 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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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 2% below list price.
Time on market: The average home goes pending in around 8 days.
$4,650,000 Sold
4 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
0.9 mi
Distance
$1,625,000 Sold
2 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
1.0 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
0.8 mi
Distance
$2,500,000 Sold
3 months ago
6 bd•3.25 ba•~4,360 sq ft•Single Family
6145 93rd Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.9 mi
Distance
$1,750,000 Sold
3 months ago
4 bd•3 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.8 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 Aug 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.
