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Listed by Troy M. Lehman • Redfin.
FOR SALE

$700,000

Est. $3,877/mo

Price reduced $50,000 from the original $750,000 asking price

8114 W Mercer Way, Mercer Island, WA 98040

• Listed Jun 30, 2026•111 days active · 111 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Redfin; Troy M. Lehman; 206-321-7367; troy.lehman@redfin.com

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Listing Broker: Redfin; Troy M. Lehman; 206-321-7367; troy.lehman@redfin.com

About this home

Discover an exceptional opportunity to create your vision on this 17,603-square-foot homesite, ideally positioned at the top of a private street just off desirable W Mercer Way. Tucked into a peaceful setting, this property offers a rare combination of privacy, seclusion, and captivating lake and mountain views. With utilities conveniently available in the street, the groundwork is in place to begin planning your future residence. Enjoy the flexibility to design a home that complements both the natural surroundings and your lifestyle while taking advantage of this sought-after Mercer Island location. Surrounded by established homes and convenient access to parks, waterfront recreation, shopping, dining, and commuter routes, this property offers an outstanding balance of tranquility and everyday convenience. Whether you're planning a custom residence or investing in one of the area's most desirable settings, this is a remarkable opportunity with exceptional potential. Buyer to verify all information to their satisfaction and obtain building permits and approvals as needed.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.4041 acres
Parking
None
Price / sq ft
Not listed
Property taxes$5,594/yr (est.)
School districtMercer Island

Listed by Troy M. Lehman • Redfin

Listing updated: September 22, 2026 at 08:26pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2547549

Around this home

RexMont OfferEdge™

How much should you offer?

8114 W Mercer Way, Mercer Island, WA 98040

List price
$700,000
Down payment
$140,000

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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

Layout

  • Res-Less thn 1 Ac

Schools

Ratings via SchoolDigger

Mercer Island School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.4 acres
Lot square feet
17,603 sq ft

Zoning & use

Zoning description
Residential
Zoning jurisdiction
City
Possible use
Residential
Restrictions
No Restrictions

Utilities

Utilities
Electricity Available, Natural Gas Available
Electricity
In Street
Gas
In Street
Water
Available
Sewer
In Street

Road & access

Road responsibility
County
Road information
County Maintained,County Right of Way

Surveys & reports

Sketch submitted
No

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Annual taxes
$5,594
Tax year
2025
Senior exemption
No
Financing
Cash
Seller disclosure
Provided
Preliminary title ordered
Yes

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 8114 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. Sep 23, 2026
    Price reduced
    NWMLS via MLS Grid · #2547549
    $700,000
  2. Jun 30, 2026
    Listed
    NWMLS via MLS Grid · #2547549
    $750,000
  3. Sep 6, 2017
    Recorded sale
    King County recorder · Quit claim deed
    $235,000
  4. Dec 29, 2011
    Sold
    NWMLS via MLS Grid · #224957
    $235,000
  5. Dec 12, 2011
    Pending
    NWMLS via MLS Grid · #224957
    $274,900
  6. Dec 12, 2011
    Price reduced
    NWMLS via MLS Grid · #224957
    $274,900

Down payment assistance

7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,518 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

Get pre-approved
Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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: Redfin; Troy M. Lehman; 206-321-7367; troy.lehman@redfin.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

  • $2,650,000 Sold

    2 weeks ago

    4 bd•2.75 ba•~3,170 sq ft•Single Family

    6543 81st Avenue SE, Mercer Island, WA 98040

    2%

    Under list

    64

    Days on market

    1.0 mi

    Distance

  • $2,125,000 Sold

    2 weeks ago

    3 bd•2.5 ba•~2,810 sq ft•Single Family

    8510 SE 72nd Street, Mercer Island, WA 98040

    3%

    Under list

    44

    Days on market

    0.7 mi

    Distance

  • $2,918,000 Sold

    4 weeks ago

    5 bd•3 ba•~3,464 sq ft•Single Family

    8636 SE 75th Place, Mercer Island, WA 98040

    13%

    Over list

    15

    Days on market

    0.6 mi

    Distance

  • $2,150,000 Sold

    5 weeks ago

    4 bd•2.25 ba•~2,510 sq ft•Single Family

    8534 SE 79th Place, Mercer Island, WA 98040

    2%

    Under list

    32

    Days on market

    0.5 mi

    Distance

  • $3,350,000 Sold

    6 weeks ago

    5 bd•2.25 ba•~3,610 sq ft•Single Family

    7580 SE 71st Street, Mercer Island, WA 98040

    1%

    Under list

    34

    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.

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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 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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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