$3,700,000
Est. $19,022/mo5 bd•4.5 ba•4,580 sq ft
7429 E Mercer Way, Mercer Island, WA 98040
• Listed 2026-07-10•7 days on market
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Based on information submitted to the MLS GRID as of July 23, 2026 at 01:12pm (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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Lake views, newer construction, and four bedrooms on one level are a rare find on Mercer Island. Built in 2016, this thoughtfully designed home offers nearly 4,600 square feet with spaces that simply make life easier, from the elevator connecting every floor to the three car garage and seamless indoor outdoor living. The kitchen was designed to be the heart of the home, opening to the great room and covered outdoor spaces where everything from weeknight dinners to summer gatherings feels effortless. Slab counter tops, Wolf 6 burner cooktop, center island and oversized pantry with second dishwasher, sink and microwave. Upstairs, the primary suite is a peaceful retreat with beautiful lake views, luxe bath and Nordstrom lovers closet. The amazing Lake Washington views from the rooftop deck, complete with firetable, offers the perfect place to end the day with a good book, lively conversation or glass of Pinot. Extra bonus room with patio and 3/4 bath could also serve as the perfect guest suite or a private space for the Au Pair. The no maintenance landscaped yard offers beauty in the front and putting green in the back that adds yet another space to relax, play, or entertain. Covered front deck with more views and cozy fireplace. Just minutes from award winning schools, parks, shopping, dining, Beach Club, trails and easy access to both Seattle and Bellevue, this home is an excellent value and offers the comfort of modern living on beautiful Mercer Island
Listed by Lori Holden Scott • John L. Scott, Inc.
Listing updated: July 23, 2026 at 01:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2553244
Open houses
5 datesNearby open houses (4)
See more →$3,626,000
-$74,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.97M and $6.83M.
Rental earnings
$10,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$3,650,000Last sold price
9271 Se 76th Street, Mercer Island, WA 98040

$1,967,000Last sold price
6930 94th 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.
7429 E Mercer Way, 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.
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Open Sat, Aug 1
Open Sat, Aug 1
Open Sun, Aug 2Mercer 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 2% below list price.
Time on market: The average home goes pending in around 8 days.
$215,000 Sold
3 weeks ago
•Single Family
9167 Se 64th Street, Mercer Island, WA 98040
43%
Under list
—
Days on market
0.7 mi
Distance
$2,450,000 Sold
7 weeks ago
4 bd•2.25 ba•~3,020 sq ft•Single Family
8440 W Mercer Way, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.9 mi
Distance
$2,825,000 Sold
7 weeks ago
4 bd•2.75 ba•~4,100 sq ft•Single Family
6749 82nd Avenue Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.8 mi
Distance
$2,500,000 Sold
2 months ago
6 bd•3.25 ba•~4,360 sq ft•Single Family
6145 93rd Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.8 mi
Distance
$2,700,000 Sold
2 months ago
4 bd•2.5 ba•~3,920 sq ft•Single Family
7830 80th Place Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.9 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.