$6,200,000
Est. $32,039/mo7220 N Mercer Way, Mercer Island, WA 98040
• Listed 2025-11-03•10 days on market
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One of Mercer Island's rarest offerings—a prime half-acre waterfront parcel on the sought-after North End with 82+ feet of private shoreline, a U-shaped covered dock with deep-water moorage, and an exceptional opportunity to create a legacy waterfront estate. Behind a gated entry, the property captures sweeping views of the Bellevue skyline and the tranquil waters of Lake Washington, with lush natural surroundings and a covered waterside seating area for relaxing and entertaining by the lake. Conceptual architectural plans are available, providing a valuable starting point while leaving the flexibility to create a home tailored to your own vision. From sunrise paddles to evenings on the water, this is where your vision becomes something extraordinary on one of Lake Washington's most coveted stretches of shoreline—minutes to downtown Bellevue, Seattle, parks, and top-rated schools. Renderings are conceptual only; plans available. Pricing reflects land value only.
Listed by Alice On • Wonderland Real Estate
Listing updated: August 28, 2026 at 12:21pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2449152
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
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.
$37,276 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 6 days.
$3,700,000 Sold
3 months ago
4 bd•4 ba•~4,863 sq ft•Single Family
8260 Se 31st Street, Mercer Island, WA 98040
7%
Under list
—
Days on market
1.0 mi
Distance
$3,399,999 Sold
3 months ago
4 bd•3.75 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 months ago
4 bd•2.25 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
5 months 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
5 months ago
•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.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 28, 2026 at 12:21pm (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.
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Nearby open houses (1)
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