$2,995,000
5 bd•3 ba•3,694 sq ft
8910 Se 54th Street, Mercer Island, WA 98040
• Listed Apr 3, 2026
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Listing Broker: Windermere Real Estate/East; Marion Holder; 425-822-5100
Welcome to this unbeatable, inspiring, once-in-a-lifetime property. Located in the heart of Parkwood (one of the Island’s most sterling neighborhoods), this home is part of an enviable group of less than 20 Parkwood properties that back to a greenbelt offering complete privacy + idyllic Cascade foothill and forest views. This super-sized lot is beloved by the community for its gorgeous mature gardens offering year-round beauty and for the home's gracious presence nestled above the stately streets of Parkwood. Generous main floor living exudes stunning style and comfort: the circular floorplan flows seamlessly to multiple outdoor areas and embraces the natural light and serene garden/forest/foothill views. Downstairs, the daylight basement offers numerous lifestyle options - a spare room has its own electrical panel wired for both an electric range and a dryer (it used to be a kitchen for multi-generational living). Additional special touches include brand new remodeled custom bathrooms throughout the entire home, an updated eat-in kitchen with a huge butler's pantry, a spacious and welcoming foyer, two living rooms + a media room, two fireplaces, hardwood floors, new carpet, an enormous backyard deck with a level backyard, yard irrigation, a new washer/dryer, and a huge basement storage room. Just steps from Island Crest Park & Island Park Elementary (which is ranked #1 in the Mercer Island School District by US News). This home has it all - don’t miss this rare opportunity!
Listed by Marion Holder • Windermere Real Estate/East
Listing updated: June 6, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2500138
Neighborhood mobility
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
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.
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 5 days.
$4,650,000 Sold
2 months ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
85
Days on market
0.8 mi
Distance
$215,000 Sold
3 months ago
•Single Family
9167 Se 64th Street, Mercer Island, WA 98040
43%
Under list
364
Days on market
0.6 mi
Distance
$2,498,000 Sold
3 months ago
5 bd•2.5 ba•~3,480 sq ft•Single Family
8255 Se 59th Street, Mercer Island, WA 98040
0%
Over list
62
Days on market
0.5 mi
Distance
$2,825,000 Sold
4 months ago
4 bd•2.75 ba•~4,100 sq ft•Single Family
6749 82nd Avenue Se, Mercer Island, WA 98040
4%
Under list
49
Days on market
0.9 mi
Distance
$2,150,000 Sold
4 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
85
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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 6, 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.
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.
$2,191,000
-$804,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.64M and $4.8M.
Rental earnings
$6,575/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$2,660,000Last sold price
5222 W Mercer Way, Mercer Island, WA 98040

$1,635,000Last sold price
5019 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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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