$1,600,000
Est. $8,032/mo3 bd•2.5 ba•1,800 sq ft
8808 Se 54th Se, Mercer Island, WA 98040
• Listed 2026-06-25•3 days on market
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Based on information submitted to the MLS GRID as of June 30, 2026 at 01:14pm (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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Rare opportunity in the highly sought-after Mercer Island community! This 3-bedroom,2.5 bath home offers approximately 1800 square feet of living space on a generous lot in an established neighborhood. Filled with potential, this estate property provides the perfect opportunity for buyers to update, remodel, or customize to their own taste while building equity in one of the Eastside's most desirable locations. Enjoy close proximity to top-rated schools, parks, shopping, dining, and convenient access to I-90. Whether you're a homeowner, investor, or builder, this is unique chance to create something special on Mercer Island. Property sold as-is.
Listed by Vladimir Rovinskiy • Homes & Equity Real Estate Grp
Listing updated: June 30, 2026 at 01:14pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2543694
Open houses
3 datesNearby open houses (6)
See more →$1,638,000
+$38,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.37M and $2.3M.
Rental earnings
$4,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$2,300,000Last sold price
5619 89th Avenue Se, Mercer Island, WA 98040

$1,370,000Last sold price
6 Lindley Road, 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.
8808 Se 54th 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
$9,216 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Open Sun, Jul 5
Open Sun, Jul 5
Open Sun, Jul 5Mercer 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.
$2,150,000 Sold
5 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
0.6 mi
Distance
$2,500,000 Sold
5 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
0.5 mi
Distance
$1,750,000 Sold
6 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
0.7 mi
Distance
$2,215,000 Sold
6 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
0.7 mi
Distance
$2,485,000 Sold
8 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
0.4 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.