$2,375,000
Est. $12,577/moPrice reduced $125,000 from the original $2,500,000 asking price
5 bd•5.5 ba•4,100 sq ft
4739 Fernridge Lane, Mercer Island, WA 98040
• Listed Jul 21, 2026•63 days active · 63 cumulative
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Listing Broker: We Lakeside; Richard Liu; 425-246-1453
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: September 14, 2026 at 07:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557722
4739 Fernridge Lane, 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.
Neighborhood mobility
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.
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.
$14,865 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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 5 days.
$4,350,000 Sold
6 weeks ago
5 bd•5.25 ba•~5,028 sq ft•Single Family
4216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
211
Days on market
0.9 mi
Distance
$4,650,000 Sold
2 months ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
85
Days on market
0.6 mi
Distance
$2,498,000 Sold
3 months ago
5 bd•2.5 ba•~3,480 sq ft•Single Family
8255 Se 59th Street, Mercer Island, WA 98040
0%
Over list
62
Days on market
1.0 mi
Distance
$1,625,000 Sold
4 months ago
3 bd•1.75 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
55
Days on market
0.9 mi
Distance
$2,150,000 Sold
4 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
85
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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 14, 2026 at 07:12pm (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.
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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (5)
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Open Wed, Sep 23 +3
Open Wed, Sep 23 +2
Open Wed, Sep 23
Open Wed, Sep 23
Open Sat, Sep 26$2,419,000
+$44,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.64M and $3.15M.
Rental earnings
$7,250/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
$1,635,000Last sold price
5019 E Mercer Way, 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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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