$2,500,000
Est. $12,707/mo5 bd•5.5 ba•4,100 sq ft
4739 Fernridge Lane, Mercer Island, WA 98040
• Listed 2026-07-21•New today
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Based on information submitted to the MLS GRID as of July 21, 2026 at 09:12pm (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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This lodge-style retreat is a hidden gem nestled on a private hilltop just off E Mercer Way. Offering exceptional privacy, serene lake views, a resort-inspired setting. Beautifully updated home combines timeless NW architecture w/ modern comfort in one of the most sought-after neighborhoods. A dramatic 2-story entry welcomes you into an impressive great rm featuring soaring 22’ open-beam cedar ceilings, walls of windows flood the home w/ natural light, a double-sided stone fireplace that creates a warm, inviting atmosphere. Designed for both everyday living & entertaining, the spacious interior seamlessly connects to expansive outdoor decks overlooking the lake, mountain & tranquil surroundings. Hardwood fls throughout & 5 updated full bathrms. The upstairs luxurious 24’ x 48’ primary suite serves as a private sanctuary, spa-inspired ensuite bath, generous walk-in closets. Conveniently connected to a flex space w/ its own fireplace, which can be an office or young kid’s bedrm. The lower level offers 3 addtal bedrms, 3 bathrms w/ direct access to outdoor decks, providing flexible living for guests or multi-generational needs. While the prime mid-island location provides convenient access to award-winning schools, parks, scenic trails, shopping, dining, I-90, and the vibrant employment centers of Bellevue and Seattle. A rare opportunity to own an exceptional home that perfectly blends top schools, privacy, craftsmanship, natural beauty & the coveted Mercer Island lifestyle.
Listed by Richard Liu • We Lakeside
Listing updated: July 21, 2026 at 09:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557722
Open houses
No upcoming open houses scheduled for this property.
$2,450,000
-$50,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.55M and $3.09M.
Rental earnings
$7,350/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,200,000Last sold price
4741 Fernridge Lane, Mercer Island, WA 98040
$2,425,000Last sold price
9222 Se 46th Street, 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.
4739 Fernridge Lane, 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
$15,026 per month
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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 8 days.
$1,625,000 Sold
7 weeks ago
3 bd•1 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.9 mi
Distance
$2,150,000 Sold
8 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
0.5 mi
Distance
$2,500,000 Sold
8 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
0.9 mi
Distance
$1,750,000 Sold
2 months 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
0.5 mi
Distance
$2,215,000 Sold
2 months 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
0.1 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.
