$700,000
Est. $3,737/moPrice reduced $50,000 from the original $750,000 asking price
8114 W Mercer Way, Mercer Island, WA 98040
• Listed Jun 30, 2026•91 days active · 91 cumulative
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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.
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
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
8114 W Mercer Way, 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
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerMercer Island School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · 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.
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.
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
$4,378 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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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 50 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 22, 2026 at 08:26pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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