$2,800,000
Listed at $2,840,0005 bd•3 ba•3,840 sq ft
5205 W Mercer Place, Mercer Island, WA 98040
• Listed 2026-03-13
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Set on an expansive lot in a quiet Mid Mercer Island cul-de-sac, this beautifully re-imagined and extensively remodeled home blends timeless design with modern luxury. Interior design by Kat Lawton elevates every space with refined finishes and thoughtful detail. Rich black coffee colored hardwood floors run throughout, while the stunning kitchen and great room anchor the home with slab natural Dolomite counters, dual sinks, pot-filler, polished nickel hardware, premium appliances, huge island, & custom cabinetry. This creates a warm, sophisticated aesthetic defined by timeless materials & elevated design. Beautifully remodeled bathrooms are fresh and finished in Carrera marble complete the sophisticated design. Effortless daily living and memorable entertaining, the home offers five generous bedrooms and light filled living spaces that flow seamlessly throughout. The lower level adds incredible versatility with a large and beautifully designed media room for a true at home cinematic experience coupled with a separate game room. Work from home space and storage galore! Outside, the grounds live like your own private park. Tiered outdoor spaces offer multiple areas to relax and entertain, from decks to illuminated elegant hardscape surrounding a hot tub, to spaces perfect for long Italian style lunches for twenty. A playground with a large play structure. All tucked into an ideal mid island location with easy access to both the north and south ends of Mercer Island.
Open houses
No upcoming open houses scheduled for this property.
$2,266,000
-$534,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.55M and $4.8M.
Rental earnings
$6,800/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,750,000Last sold price
4825 88th Avenue Se, Mercer Island, WA 98040

$1,550,000Last sold price
4728 86th Avenue Se, 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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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 23, 2026 at 04:04am (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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Listed by Lori Holden Scott • John L. Scott, Inc.
Listing updated: May 23, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2491287

$2,269,000
4830 88th Place Se, Mercer Island, WA 98040
Paula Holtzclaw · Coldwell Banker Bain
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 2% below list price.
Time on market: Days-on-market data not available for this area.
$4,650,000 Sold
2 weeks ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.5 mi
Distance
$215,000 Sold
3 weeks ago
•Single Family
9167 Se 64th Street, Mercer Island, WA 98040
43%
Under list
—
Days on market
0.9 mi
Distance
$2,498,000 Sold
5 weeks ago
5 bd•2.5 ba•~3,480 sq ft•Single Family
8255 Se 59th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.4 mi
Distance
$2,825,000 Sold
7 weeks ago
4 bd•2.75 ba•~4,100 sq ft•Single Family
6749 82nd Avenue Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
1.0 mi
Distance
$2,150,000 Sold
2 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
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 Jul 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.