$8,000,000
Listed at $9,398,0006 bd•5 ba•9,640 sq ft
5044 Butterworth Road, Mercer Island, WA 98040
• Listed 2025-09-29
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of January 31, 2026 at 04:04am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
Iconic Mercer Island Waterfront! Set on 89’ of low-bank Lake Washington shoreline, along the coveted Butterworth Rd, this partially renovated home presents a rare framework to create a signature waterfront masterpiece. Private 95’ seaplane capable dock, 54’ indoor lap pool, and a grand atrium. Embrace East-facing exposure with panoramic water, sunrise and moonrise views. Existing updates provide a head start to utilize this canvas to bring your vision to fruition. Implement your creativity while enjoying seamless indoor & outdoor living with timeless lake views. Premier location with top-tier schools, parks, and the best of the PNW. A rare chance to shape a custom waterfront estate in one of Mercer Island’s most desired enclaves.
Listed by Michael Nix • Keller Williams Rlty Bellevue
Listing updated: January 31, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2438780
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify valueNeighborhood mobility
More homes in this area that match your range.

$5,895,000
9818 Se 42nd Place, Mercer Island, WA 98040
Shawna Ader · Windermere Real Estate Midtown

$8,495,000
4102 100th Avenue Se, Mercer Island, WA 98040
Joan C. Bayley · Windermere Real Estate/East

$7,988,800
6922 96th Avenue Se, Mercer Island, WA 98040
Vu To · 360 Pacific

$11,988,000
4014 E Mercer Way, Mercer Island, WA 98040
Trung Pham · John L. Scott, Inc

$9,100,000
3840 E Mercer Way, Mercer Island, WA 98040
Kelly Weisfield · COMPASS

$7,999,880
18 Holly Lane, Mercer Island, WA 98040
Scott Richards · Windermere Real Estate/East

$8,495,000
4102 100th Avenue Se, Mercer Island, WA 98040
Joan C. Bayley · Windermere Real Estate/East

$7,988,800
6922 96th Avenue Se, Mercer Island, WA 98040
Vu To · 360 Pacific

$9,100,000
3840 E Mercer Way, Mercer Island, WA 98040
Kelly Weisfield · COMPASS

$7,999,880
18 Holly Lane, Mercer Island, WA 98040
Scott Richards · Windermere Real Estate/East

$9,590,000
8260 Avalon Drive, Mercer Island, WA 98040
Robyn Kimura Hsu · Realogics Sotheby's Int'l Rlty

$7,980,000
8279 W Mercer Way, Mercer Island, WA 98040
Mei Young · MY International Real Estate
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 8 days.
$215,000 Sold
3 days ago
•Single Family
9167 Se 64th Street, Mercer Island, WA 98040
43%
Under list
—
Days on market
0.8 mi
Distance
$2,150,000 Sold
6 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
0.9 mi
Distance
$2,500,000 Sold
6 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
0.7 mi
Distance
$1,750,000 Sold
7 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
0.9 mi
Distance
$2,215,000 Sold
8 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
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 Jul 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.