$3,850,000
Est. $19,407/mo5 bd•2.5 ba•4,910 sq ft
4889 Forest Avenue Se, Mercer Island, WA 98040
• Listed 2026-06-16•1 day on market
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Based on information submitted to the MLS GRID as of June 17, 2026 at 05:03am (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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Coveted Westside Shared Waterfront! Enjoy the best of Mercer Island waterfront living with boat moorage, 100' of community beach, a new dock, boat lift, and beautifully refreshed beachfront grounds. Set in a sought-after mid-Island neighborhood, this updated home blends lake views, dramatic architecture, and exceptional spaces for gathering, entertaining, and everyday living. Soaring ceilings and walls of windows fill the open great room with natural light, flowing seamlessly to an expansive IPE deck overlooking the sport court and turf lawn. The gourmet kitchen anchors the home with high-end appliances and stylish updates, while a dedicated office, formal dining room, and lake-view living room provide space for every occasion. Upstairs, four bedrooms include a serene lake-view primary suite with a flexible bonus room, walk-in closets, and a luxurious 5-piece bath. A rooftop patio offers the perfect spot to unwind with sunset skies and sparkling water views. The lower level features a spacious rec room, wine cellar, and guest suite - ideal for hosting the crowd. Extensively updated with a new roof, windows, paint, automated blinds, A/C, and furnace. Oversized 3-car garage, storage shed, and bonus storage room. A rare opportunity to enjoy boating, beach days, and an exceptional Mercer Island lifestyle.
Listed by Kelly Weisfield • COMPASS
Listing updated: June 17, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2540446
Open houses
4 datesNearby open houses (8)
See more →
Open Sat, Jun 20$4,070,000
+$220,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.2M and $4.8M.
Rental earnings
$12,200/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$4,800,000Last sold price
4719 86th Avenue Se, Mercer Island, WA 98040
$3,091,250Last sold price
4710 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.
4889 Forest Avenue Se, Mercer Island, WA 98040
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.
Neighborhood mobility
$24,448 per month
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Open Sat, Jun 20 +1
Open Sat, Jun 20
Open Sat, Jun 20
Open Sat, Jun 20
Open Sat, Jun 20 +1
Open Sat, Jun 20Mercer 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 3 days.
$2,150,000 Sold
3 weeks ago
4 bd•2.5 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.3 mi
Distance
$2,500,000 Sold
3 weeks ago
6 bd•2.5 ba•~4,360 sq ft•Single Family
6145 93rd Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
1.0 mi
Distance
$1,750,000 Sold
4 weeks ago
4 bd•1.5 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.4 mi
Distance
$2,215,000 Sold
4 weeks ago
4 bd•2.5 ba•~4,440 sq ft•Single Family
9261 Se 46th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.8 mi
Distance
$2,485,000 Sold
5 weeks ago
4 bd•2.5 ba•~3,120 sq ft•Single Family
8400 Se 61st Street, Mercer Island, WA 98040
1%
Over list
—
Days on market
0.6 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 Jun 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.
