$2,500,000
Est. $12,853/mo5 bd•5.5 ba•4,100 sq ft
4739 Fernridge Lane, Mercer Island, WA 98040
• Listed 2026-07-21•3 days on market
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Based on information submitted to the MLS GRID as of August 30, 2026 at 08:57am (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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A Swiss Mountain Lodge or French Alps Chalet? Driving uphill on narrow and steep rd, the lake view property sits on hilltop. Spanish tiles & tri-color exterior make it visually interesting. Tree house like, updated PNW lodge of 4,100+ sq ft with 5 bedrms, 5.5 bathrms. Double entrance doors lead to dramatic 2-story living room, soaring 22’ open-beams & cedar ceilings, a wall of 42 glass panels w/ abundant natural light. Front deck, living & master bedrm have lake view. Backside is steep drop valley w/ total privacy. Brazilian Tiger Wood Hardwood flow most of house. Upstairs luxurious 24’ x 48’ primary suite w/ fireplace is true sanctuary, with spa-inspired ensuite bath, walk-in closets, connecting to a flex room w/ its own fireplace. Can be office or kid’s bedrm. Craftman stair connects flex rm to a full bathrm on main level. Big and open kitchen has granite countertops, original oak cabinets, water filters, newer Samsung refrigerator with tablet screen and newer dishwasher. Formal dinning room w/ fireplace. 3 additional bedrms and 3 full bathrms on lower level. Each bedrm has a door to lower deck, which is more than 10 ft above ground. Total 4 gas fireplaces and 5 California Closets. Front has limited flat yard but plenty of spaces for flowers. Back has no yard but newer & expansive Trex decks on main & lower levels.Newer gas furnace & A/C. 50 AMPs Level II EV charger, central vacuum, modern garage door. Recent inspection report identifies only one repair item.
Listed by Richard Liu • We Lakeside
Listing updated: August 30, 2026 at 08:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557722
Open houses
4 datesNearby open houses (3)
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Open Sat, Sep 5$3,378,000
+$878,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.75M and $4.8M.
Rental earnings
$10,125/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
$1,750,000Last sold price
4825 88th 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.
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.
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$15,172 per month
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Open Sat, Sep 5 +1
Open Sun, Sep 6Mercer 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 7 days.
$4,350,000 Sold
3 weeks ago
5 bd•5.25 ba•~5,028 sq ft•Single Family
4216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
—
Days on market
0.9 mi
Distance
$4,650,000 Sold
7 weeks ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.6 mi
Distance
$2,498,000 Sold
2 months ago
5 bd•2.5 ba•~3,480 sq ft•Single Family
8255 Se 59th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
1.0 mi
Distance
$1,625,000 Sold
3 months ago
3 bd•1.75 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
3 months ago
4 bd•3.25 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
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 Sep 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.
