$3,475,000
5 bd•4 ba•4,021 sq ft
4526 89th Avenue Se, Mercer Island, WA 98040
• Listed 2026-06-18
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Based on information submitted to the MLS GRID as of September 1, 2026 at 03:19pm (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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Imagine building your dream home in one of Mercer Island's most desirable settings, where quiet tree-lined streets, waterfront parks, and a strong sense of community create an exceptional lifestyle. Tucked away on a peaceful cul-de-sac just moments from Ellis Pond, this rare homesite offers the opportunity to build a brand-new JayMarc Custom Home in a location that perfectly balances tranquility with convenience. Planned for this property is The Marcello, JayMarc's thoughtfully designed 4,000-square-foot floor plan featuring a professionally curated interior package with timeless, neutral finishes and elevated craftsmanship throughout. Designed for both entertaining and everyday living, the main level centers around a chef-inspired kitchen, expansive gathering spaces, and a private office or guest suite with an en-suite bath. Upstairs, the luxurious primary retreat offers heated floors, a soaking tub, designer tile shower, and spacious walk-in closet. A generous bonus room with kitchenette and an additional en-suite bedroom provide flexibility for guests, recreation, or multigenerational living. Located within the award-winning Mercer Island School District and just minutes from parks, trails, shopping, dining, and I-90 access, this is a rare opportunity to enjoy the best of island living while partnering with one of the Pacific Northwest's premier builders. Contact us for details regarding the home design, curated selections, construction timeline, and purchase structure.
Listed by Daniel Sessoms • COMPASS
Listing updated: September 1, 2026 at 03:19pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541001
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
See more →
Open Sat, Sep 5
Open Sat, Sep 5 +1
Open Sun, Sep 6$3,152,000
-$323,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.75M and $4.8M.
Rental earnings
$9,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$3,091,250Last sold price
4710 86th Avenue Se, Mercer Island, WA 98040
$2,200,000Last sold price
4741 Fernridge Lane, 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.
Neighborhood mobility
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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 6 days.
$4,350,000 Sold
3 weeks ago
5 bd•5.25 ba•~5,028 sq ft•Single Family
4216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
—
Days on market
0.6 mi
Distance
$4,650,000 Sold
7 weeks ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.5 mi
Distance
$1,625,000 Sold
3 months ago
3 bd•1.75 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.8 mi
Distance
$2,150,000 Sold
3 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.4 mi
Distance
$1,750,000 Sold
3 months ago
4 bd•3 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.3 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
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.
