$3,850,000
Listed at $3,998,0005 bd•2.5 ba•4,630 sq ft
8297 Se 82nd Street, Mercer Island, WA 98040
• Listed 2026-05-09
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Based on information submitted to the MLS GRID as of July 14, 2026 at 03:00pm (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.
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Situated in coveted Island Point and available for the first time in 20 years, this extraordinary 4,630-square-foot Mercer Island residence showcases the rare combination of views from all three levels along with a flat backyard ideal for play and entertaining. Perfectly positioned to capture dramatic views of Lake Washington, Seattle, and the Olympics, the home offers an exceptional sense of light, privacy, and connection to the PNW landscape. Thoughtfully remodeled and expanded by the current owners with quality craftsmanship, the layout blends elevated style with exceptional livability. On the main level, a chef’s kitchen with views from the kitchen sink opens seamlessly to the entertaining spaces and expansive view deck, connecting both formal and informal gathering areas ideal for everyday living and entertaining. Upstairs find two bedrooms and an office, which could be a third bedroom. The primary suite showcases views from every vantage point, including the bathtub. On the lower level find three bedrooms, two baths, and curated features including a wine cellar and rec room opening directly to the backyard with professionally designed and meticulously maintained landscaping. Pre-inspected and impeccably maintained, this move-in-ready home is within walking distance of South End shopping and dining and top-rated Mercer Island schools. It is a rare opportunity to own a legacy property in one of Mercer Island’s most desired neighborhoods.
Listed by Jennifer Flood • COMPASS
Listing updated: July 14, 2026 at 03:00pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2517565
Open houses
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Nearby open houses (8)
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Open Sat, Jul 25 +1$3,639,000
-$211,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.9M and $6.83M.
Rental earnings
$10,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,900,000Last sold price
7934 Lake View Lane, Mercer Island, WA 98040
$4,950,000Last sold price
8055 W 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.
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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.
$2,450,000 Sold
6 weeks ago
4 bd•1.5 ba•~3,020 sq ft•Single Family
8440 W Mercer Way, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.2 mi
Distance
$2,825,000 Sold
6 weeks ago
4 bd•2 ba•~4,100 sq ft•Single Family
6749 82nd Avenue Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.8 mi
Distance
$7,401,101 Sold
8 weeks 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
0.7 mi
Distance
$2,700,000 Sold
8 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
0.2 mi
Distance
$2,783,200 Sold
2 months ago
5 bd•2.5 ba•~3,850 sq ft•Single Family
7515 Se 76th Street, Mercer Island, WA 98040
7%
Over list
—
Days on market
0.5 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.
