$6,800,000
Est. $34,349/mo7 bd•8 ba
7220 North Mercer Way, Mercer Island, WA 98040
• Listed 2025-11-06•198 days on market
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Based on information submitted to the MLS GRID as of December 24, 2025 at 02:37pm (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 rare 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, a water’s-edge cabana for lakeside fun. 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, parks, and top-rated schools, with easy connections to Bellevue and Seattle. Renderings are conceptual only; plans available; Pricing Reflects Land Value Only.
Listed by Alice On • Wonderland Real Estate
Listing updated: December 24, 2025 at 02:37pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2449220
Open houses
No upcoming open houses scheduled for this property.
$7,401,000
+$601,000 over list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $4M and $8M.
Rental earnings
$22,200/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$8,000,000Last sold price
5044 Butterworth Road, Mercer Island, WA 98040
$7,401,101Last sold price
7439 W Mercer Way, 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.
7220 North 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
$39,736 per month
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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.
$3,399,999 Sold
6 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
7 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
3 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
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
