$3,475,000
Listed at $3,600,0004 bd•2 ba•3,695 sq ft
8281 W Mercer Way, Mercer Island, WA 98040
• Listed 2026-01-05
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Based on information submitted to the MLS GRID as of May 24, 2026 at 04:03am (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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Set along the coveted south end of Mercer Island, 8281 W. Mercer Way offers a rare blend of privacy, prestige, and timeless luxury. Framed by sweeping Lake Washington views, this residence is designed for discerning buyers who value craftsmanship, legacy, and elevated living. Generous entertaining spaces invite meaningful gatherings, while the serene setting provides a true retreat from city life. A private drive, established surroundings, and desirable neighborhood make this an exceptional opportunity to own in one of the region’s most respected waterfront communities—where lifestyle, investment, and water view living come together seamlessly.
Listed by Jin Lee • eXp Realty
Listing updated: May 24, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2465299
$2,904,000
-$571,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.8M and $4.09M.
Rental earnings
$8,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$4,095,000Last sold price
8326 84th Avenue Se, Mercer Island, WA 98040

$1,805,000Last sold price
8521 E 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.
Neighborhood mobility
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Allison W. Trull · Coldwell Banker Bain

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Darci N. Bidman · John L. Scott, Inc
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 9 days.
$2,700,000 Sold
2 weeks ago
4 bd•2.5 ba•~3,920 sq ft•Single Family
7830 80th Place Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.4 mi
Distance
$2,500,000 Sold
6 weeks ago
4 bd•1.5 ba•~3,050 sq ft•Single Family
7 Lewis Lane, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.4 mi
Distance
$3,475,000 Sold
7 weeks ago
4 bd•2 ba•~3,695 sq ft•Single Family
8281 W Mercer Way, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.1 mi
Distance
$2,460,000 Sold
4 months ago
5 bd•3 ba•~3,550 sq ft•Single Family
7808 89th Place Se, Mercer Island, WA 98040
2%
Over list
—
Days on market
0.6 mi
Distance
$2,099,950 Sold
5 months ago
5 bd•1 ba•~3,020 sq ft•Single Family
7445 86th Avenue Se, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.7 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.