$7,629,375
Listed at $8,150,0004 bd•2 ba•3,880 sq ft
5265 West Mercer Way, Mercer Island, WA 98040
• Listed Jan 20, 2026
RexMont Market Signal for 5265 West Mercer Way
Sold price on recordRexMont Market Signal $7,629,375
Closed sale price · as of March 19, 2026, the day it sold.
Market Signal since the sale
$4,902,861
Likely $2,947,324 – $6,048,365 · wide read: talk to Adriano · as of October 1, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: Windermere West Metro; Kelly A. Malloy; 206-935-7200
Buyer Broker: Fly Route LLC
About this home
A rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28,000 square feet of private, forested grounds with 150 feet of shoreline, the property commands sweeping views of Seattle’s skyline, Seward Park, glowing sunsets, and the dynamic beauty of Lake Washington. The setting feels tranquil and secluded, yet remains moments from the heart of Mercer Island and within effortless reach of Seattle, Bellevue, Issaquah, and year round mountain recreation. A private dock supports an exceptional lakeside lifestyle with boating, swimming, paddleboarding, and long summer days on the water. The existing 3880 sq foot residence is rich in timeless character and presents an ideal candidate for a comprehensive gut renovation, preserving its soul while elevating it to modern luxury standards, or alternatively offers a compelling canvas for new construction that fully maximizes the premier west side waterfront setting. Located in one of Mercer Island’s most coveted neighborhoods, this rare property benefits from top rated schools, a strong community, and enduring long term value through irreplaceable land and views.
Listed by Kelly A. Malloy • Windermere West Metro
Listing updated: April 19, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2469842
Around this home
Property details
Interior features
- Dining Room
- Fireplace
- French Doors
- Jetted Tub
- Skylight(s)
- Water Heater
- 2 fireplaces (wood burning)
- Daylight, Finished basement
Kitchen
- Dishwasher
- Double Oven
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 2 on the main level
- 2 on the lower level
Bathrooms
- 2 full bathrooms
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 3,880 sq ft finished
- 380 sq ft garage
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Baseboard heating
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Island Park ElementaryPublic · Grades K-5 · 0.4 mi · State rank 9 of 1,13810/10
- Islander Middle SchoolPublic · Grades 6-8 · 1.2 mi · State rank 9 of 51410/10
- Mercer Island High SchoolPublic · Grades 9-12 · 1.3 mi · State rank 2 of 39610/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope,Terraces
- Faces
- West
Systems
- Energy source
- Oil
- Power production
- Oil
- Water heater
- Electric
- Water heater location
- Basement
- Power company
- PSE
- Water company
- City of Mercer Island
- Sewer company
- City of Mercer Island
- Garbage service
- Mercer Island
- Irrigation water rights
- No
- Internet connected
- Comcast
- Cable connected
- Comcast
Rooms & extras
- Bathtubs
- 2
- Showers
- 2
- Fireplaces on main
- 1
- Fireplaces lower level
- 1
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 5265 West Mercer Way
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Mar 19, 2026SoldNWMLS via MLS Grid · #2469842$7,629,375$1,966/sq ft
- Feb 6, 2026PendingNWMLS via MLS Grid · #2469842$8,150,000$2,101/sq ft
- Jan 20, 2026ListedNWMLS via MLS Grid · #2469842$8,150,000$2,101/sq ft
Market pulse
Mercer Island is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 2% below list price.
Time on market: The average home goes pending in around 74 days.
Recent sales nearby
Within 1 mile · last 6 months$3,425,000 Sold
1 week ago
7 bd•3.25 ba•~4,640 sq ft•Single Family
8105 SE 44th Street, Mercer Island, WA 98040
2%
Under list
24
Days on market
0.8 mi
Distance
$2,650,000 Sold
2 weeks ago
4 bd•2.75 ba•~3,170 sq ft•Single Family
6543 81st Avenue SE, Mercer Island, WA 98040
2%
Under list
64
Days on market
0.8 mi
Distance
$2,825,000 Sold
3 weeks ago
4 bd•3.25 ba•~3,728 sq ft•Single Family
4520 89th Avenue SE, Mercer Island, WA 98040
2%
Under list
40
Days on market
0.9 mi
Distance
$1,450,000 Sold
3 weeks ago
3 bd•2.5 ba•~2,080 sq ft•Single Family
4329 86th Avenue SE, Mercer Island, WA 98040
5%
Under list
82
Days on market
1.0 mi
Distance
$2,075,000 Sold
4 weeks ago
4 bd•2.75 ba•~3,180 sq ft•Single Family
4859 86th Avenue SE, Mercer Island, WA 98040
1%
Under list
31
Days on market
0.4 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 19, 2026 at 10:22 PM PT (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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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.
