$3,475,000
Listed at $3,600,0004 bd•2.75 ba•3,695 sq ft
8281 W Mercer Way, Mercer Island, WA 98040
• Listed 2026-01-05
MLS GRID Disclaimer
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.
© 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
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 $3.65M.
Rental earnings
$8,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,805,000Last sold price
8521 E Mercer Way, Mercer Island, WA 98040

$2,900,000Last sold price
7934 Lake View Lane, 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
More homes in this area that match your range.

$1,875,000
8526 E Mercer Way, Mercer Island, WA 98040
Jimmy M. Pliego · John L. Scott, Inc.

$3,500,000
8001 West Mercer Street, Mercer Island, WA 98040
Diane Tien · Realogics Sotheby's Int'l Rlty

$3,995,000
7712 89th Place Se, Mercer Island, WA 98040
Sean Nielsen · Engel & Voelkers Mercer Island

$2,195,000
7235 87th Avenue Se, Mercer Island, WA 98040
Christy Beach · Redfin

$1,995,000
9116 Se 72nd Place, Mercer Island, WA 98040
Kim Donaldson · COMPASS

$2,498,000
6771 81st Avenue Se, Mercer Island, WA 98040
Julia A. Buckley · Redfin

$3,380,000
8144 W Mercer Way, Mercer Island, WA 98040
Ling Drost · We Lakeside

$3,250,000
8340 Avalon Drive, Mercer Island, WA 98040
Marc Khalili Moftakhari Khalil · Windermere Bellevue Commons

$3,500,000
8001 West Mercer Street, Mercer Island, WA 98040
Diane Tien · Realogics Sotheby's Int'l Rlty

$3,995,000
7712 89th Place Se, Mercer Island, WA 98040
Sean Nielsen · Engel & Voelkers Mercer Island

$3,295,000
5919 77th Avenue Se, Mercer Island, WA 98040
Greg Rosenwald · COMPASS

$3,548,000
5222 Forest Avenue Se, Mercer Island, WA 98040
Michele Schuler · Real Residential
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.
$2,450,000 Sold
2 months ago
4 bd•2.25 ba•~3,020 sq ft•Single Family
8440 W Mercer Way, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.1 mi
Distance
$7,401,101 Sold
3 months ago
6 bd•7 ba•~6,092 sq ft•Single Family
7439 W Mercer Way, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.8 mi
Distance
$2,700,000 Sold
3 months 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
$3,024,000 Sold
3 months ago
5 bd•3.5 ba•~3,850 sq ft•Single Family
8421 Se 72nd Place, Mercer Island, WA 98040
5%
Over list
—
Days on market
0.8 mi
Distance
$2,783,200 Sold
3 months ago
5 bd•3.25 ba•~3,850 sq ft•Single Family
7515 Se 76th Street, Mercer Island, WA 98040
7%
Over list
—
Days on market
0.6 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 Aug 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.