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Listed by Tere Foster • COMPASS.
FOR SALE

$13,995,000

Est. $77,519/mo

4 bd•4.25 ba•4,540 sq ft

4041 W Mercer Way, Mercer Island, WA 98040

• Listed May 13, 2026•90 days active · 90 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: COMPASS; Tere Foster; 425-637-8373; teamfoster@fosterrealty.com

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Listing Broker: COMPASS; Tere Foster; 425-637-8373; teamfoster@fosterrealty.com

About this home

An extraordinary expression of modern waterfront living, this custom Mercer Island residence by acclaimed architect Stuart Silk is a rare offering where visionary design meets the beauty of Lake Washington. Perfectly positioned with 103 feet of shoreline, the property draws in west-facing views of Seattle, the lake and the Olympic mountains. Masterfully designed to create a seamless connection between architecture, light, and water. Dramatic walls of floor-to-ceiling glass frame unforgettable sunsets from nearly every space. Soaring ceilings, rich wood detailing, and refined finishes create an atmosphere of warmth and sophistication. Designed for elevated living and exceptional entertaining, the open-concept interiors flow effortlessly from space to space to the outdoor living areas. Luxurious bedroom suites offer tranquil retreats, including a breathtaking primary sanctuary immersed in lake views. A private media lounge, curated design moments throughout, and impeccable craftsmanship elevate every inch of the residence. Outside, beautifully landscaped grounds lead to the water’s edge, creating an idyllic setting for lakeside living and year-round enjoyment. Rarely does a home so successfully balance architectural significance with comfort, privacy, and livability. Located in a cherished waterfront setting, this custom residence just completed in 2021 with new dock, offers a once-in-a-generation opportunity to experience iconic Northwest luxury at its finest.

Property type
Single Family
Year built
2021
Interior
4,540 sq ft
Lot size
0.4778 acres
Parking
2-car garage
Price / sq ft
$3083
HeatingForced Air, High Efficiency (Unspecified), Radiant
CoolingCentral Air, High Efficiency (Unspecified)
Property taxes$49,542/yr (est.)
School districtMercer Island

Listed by Tere Foster • COMPASS

Listing updated: September 21, 2026 at 09:28am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2522184

Around this home

RexMont OfferEdge™

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4041 W Mercer Way, Mercer Island, WA 98040

List price
$13,995,000
Down payment
$2,799,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • High Tech Cabling
  • Pantry
  • Security System
  • SMART Wired
  • Sprinkler System
  • Walk-In Closet(s)
  • Water Heater
  • Wet Bar
  • Wine/Beverage Refrigerator
  • Wired for Generator
  • Fireplace (gas)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Refrigerator
  • See Remarks
  • Stove(s)/Range(s)
  • Tankless Water Heater
  • Washer

Bedrooms

  • 4 bedrooms total
  • 4 on the lower level

Bathrooms

  • 1 full bathroom
  • 3 three-quarter bathrooms (shower, no tub)
  • 2 half bathrooms
  • 4.25 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 4,540 sq ft finished
  • 530 sq ft garage

Flooring

  • Ceramic Tile
  • Concrete
  • Engineered Hardwood
  • Stone

Heating & cooling

  • Forced Air heating
  • High Efficiency (Unspecified) heating
  • Radiant heating
  • Central Air cooling
  • High Efficiency (Unspecified) cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Sloped,Terraces
Faces
West

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Water heater location
Garage
Power company
PSE
Water company
City of Mercer Island
Sewer company
City of Mercer Island
Gas company
PSE
Garbage service
Recology
Irrigation water rights
No
Internet connected
Quantum

Rooms & extras

Spa
Yes
Bathtubs
1
Showers
4
Fireplaces on main
1

New construction

Builder
Gallagher Co. Construction
Square footage source
Public Records/Buyer to Verify
Lot size source
Public Records/Buyer to Verify
Effective year built source
Public Records

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.

Members

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Sales & Tax Records for 4041 W Mercer Way

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. May 13, 2026
    Listed
    NWMLS via MLS Grid · #2522184
    $13,995,000
    $3,083/sq ft
  2. Aug 28, 2018
    Recorded sale
    King County recorder · Statutory warranty deed
    $3,000,000
    $661/sq ft
  3. Jul 21, 2016
    Sold
    NWMLS via MLS Grid · #954140
    $2,100,000
    $463/sq ft
  4. Jun 22, 2016
    Pending
    NWMLS via MLS Grid · #954140
    $2,195,000
    $483/sq ft
  5. Jun 3, 2016
    Listed
    NWMLS via MLS Grid · #954140
    $2,195,000
    $483/sq ft

Mortgage payment forecast

$85,147 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: COMPASS; Tere Foster; 425-637-8373; teamfoster@fosterrealty.com

Market pulse

Mercer Island is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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
  • $3,915,000 Sold

    6 days ago

    5 bd•3.25 ba•~4,130 sq ft•Single Family

    3045 71st Avenue SE, Mercer Island, WA 98040

    12%

    Over list

    35

    Days on market

    0.7 mi

    Distance

  • $1,585,000 Sold

    1 week ago

    4 bd•3 ba•~2,220 sq ft•Single Family

    4215 Island Crest Way, Mercer Island, WA 98040

    6%

    Under list

    65

    Days on market

    0.6 mi

    Distance

  • $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

    0.6 mi

    Distance

  • $2,100,000 Sold

    2 weeks ago

    4 bd•2.5 ba•~2,370 sq ft•Single Family

    3715 81st Avenue SE, Mercer Island, WA 98040

    5%

    Under list

    48

    Days on market

    0.5 mi

    Distance

  • $2,300,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~1,900 sq ft•Single Family

    7529 SE 40th Street, Mercer Island, WA 98040

    21%

    Over list

    15

    Days on market

    0.1 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market 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 4:17 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.

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