$6,800,000
Est. $34,277/mo7220 N Mercer Way, Mercer Island, WA 98040
• Listed 2025-11-03•2 days on market
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Based on information submitted to the MLS GRID as of June 16, 2026 at 10:33am (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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An extraordinary canvas for building your dream waterfront estate. This prime half-acre property on Mercer Island’s sought-after North End captures breathtaking views of the glittering Bellevue skyline and the tranquil waters of Lake WA. With 82+ feet of private shoreline, a gated entry, lush natural beauty, it’s ready for your vision to unfold. Enjoy a U-shaped covered dock with deep-water moorage and a water’s-edge cabana for lakeside gatherings. From sunrise paddles to twilight moments by the water, this property offers a front-row seat to the best of lakefront living—mins to downtown MI, parks, and top-rated schools, with easy connections to Bellevue and Seattle. Renderings are conceptual only; pricing reflects land value only.
Listed by Alice On • Wonderland Real Estate
Listing updated: June 16, 2026 at 10:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2449152
Open houses
No upcoming open houses scheduled for this property.
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7220 N Mercer Way, Mercer Island, WA 98040
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.
Neighborhood mobility
$39,664 per month
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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 3 days.
$3,399,999 Sold
3 weeks ago
4 bd•1.5 ba•~4,100 sq ft•Single Family
6518 Se 28th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.6 mi
Distance
$2,550,000 Sold
4 weeks ago
4 bd•1.5 ba•~3,580 sq ft•Single Family
2800 68th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.7 mi
Distance
$2,500 Sold
8 weeks ago
2 bd•1 ba•Single Family
2500 81st Avenue Se #332, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.7 mi
Distance
$2,275,000 Sold
3 months ago
•Single Family
2707 70th Avenue Se, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.5 mi
Distance
$2,275,000 Sold
3 months ago
3 bd•2 ba•~3,220 sq ft•Single Family
2707 70th Avenue Se, Mercer Island, WA 98040
3%
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 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.
