$3,495,000
Est. $19,359/moPrice reduced $304,000 from the original $3,799,000 asking price
5 bd•4.5 ba•4,819 sq ft
3745 88th Avenue SE, Mercer Island, WA 98040
• Listed Jun 13, 2026•128 days active · 128 cumulative
Listing Broker: Realogics Sotheby's Int'l Rlty; Diane Tien; 206-673-7206; diane.tien@rsir.com
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Listing Broker: Realogics Sotheby's Int'l Rlty; Diane Tien; 206-673-7206; diane.tien@rsir.com
About this home
Built by renowned MN Custom Homes, this exceptional Mercer Island residence offers a sought-after floor plan with four bedrooms and laundry on the upper level. The spacious primary suite features a luxurious five-piece bath, while the open chef's kitchen and great room create inviting spaces for daily living and entertaining. The versatile lower level provides flexibility for guests, movie nights, recreation, fitness, a home office, or even a pop-up school classroom. The backyard is a private oasis inspired by the nearby Bellevue Botanical Garden. A stunning collection of Japanese maples and thoughtfully curated landscaping provide year-round beauty, seasonal color, and tranquil gathering spaces. Delight in discovering secret garden moments and imaginative play spaces, and appreciate the peaceful connection to nature. A highly attentive owner has made meaningful enhancements, including custom closet systems, a dedicated dog run, and the exceptionally designed backyard retreat. Just blocks from schools, parks, pool, tennis, library, and minutes to downtown Mercer Island and Seattle.
Listed by Diane Tien • Realogics Sotheby's Int'l Rlty
Listing updated: October 9, 2026 at 05:36pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2536138
Around this home
How much should you offer?
3745 88th Avenue SE, Mercer Island, WA 98040
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
- Fireplace
- French Doors
- Pantry
- Security System
- Walk-In Closet(s)
- Water Heater
- Wet Bar
- 3 fireplaces (gas)
- Daylight, Finished basement
Kitchen
- Dishwasher
- Disposal
- Double Oven
- Dryer
- Microwave
- Refrigerator
- See Remarks
- Stove(s)/Range(s)
- Trash Compactor
- Washer
Bedrooms
- 5 bedrooms total
- 4 upstairs
- 1 on the lower level
Bathrooms
- 4 full bathrooms
- 1 half bathroom
- 4.5 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Stories w/Bsmnt
- 4,819 sq ft finished
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- 90%+ High Efficiency heating
- Central Air cooling
Schools
Ratings via SchoolDiggerMercer Island School District
- Northwood Elementary SchoolPublic · Grades PK-5 · State rank 59 of 1,13810/10
- Islander Middle SchoolPublic · Grades 6-8 · State rank 9 of 51410/10
- Mercer Island High SchoolPublic · Grades 9-12 · State rank 2 of 39610/10
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
- Vegetation
- Fruit Trees, Garden Space
- Lot number
- 15
- Zoning code
- R8.4
- Zoning jurisdiction
- County
- Faces
- Northwest
Systems
- Energy source
- Electric,Natural Gas
- Power production
- Electric, Natural Gas
- Water heater
- Electric
- Water heater location
- Garage
- Power company
- PSE
- Water company
- Mercer Island
- Sewer company
- Mercer Island
- Gas company
- PSE
- Garbage service
- Recology
- Irrigation water rights
- No
- Internet connected
- Comcast
- Cable connected
- Comcast
Rooms & extras
- Bathtubs
- 4
- Showers
- 4
- Fireplaces on main
- 2
- Fireplaces upstairs
- 1
- Excluded items
- No
New construction
- Builder
- MN
- Square footage source
- KCR
- Lot size source
- KCR
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 3745 88th Avenue SE
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.
- Oct 10, 2026Price reducedNWMLS via MLS Grid · #2536138$3,495,000$725/sq ft
- Jun 13, 2026ListedNWMLS via MLS Grid · #2536138$3,799,000$788/sq ft
- Mar 22, 2016SoldNWMLS via MLS Grid · #861497$1,725,000$358/sq ft
- Jan 23, 2016PendingNWMLS via MLS Grid · #861497$1,798,000$373/sq ft
- Jan 23, 2016Price reducedNWMLS via MLS Grid · #861497$1,798,000$373/sq ft
- Oct 28, 2015ListedNWMLS via MLS Grid · #861497$1,898,000$394/sq ft
Mortgage payment forecast
$21,895 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
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Listing Broker: Realogics Sotheby's Int'l Rlty; Diane Tien; 206-673-7206; diane.tien@rsir.com
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$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
0.4 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
0.7 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
0.4 mi
Distance
$1,950,000 Sold
2 weeks ago
3 bd•2.25 ba•~2,880 sq ft•Single Family
9726 SE 40th Street, Mercer Island, WA 98040
11%
Under list
51
Days on market
0.6 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
0.7 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 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 9:46 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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