$2,495,000
Est. $12,721/mo5 bd•1.5 ba•4,400 sq ft
7416 Mercer Terrace Drive, Mercer Island, WA 98040
• Listed 2026-07-22•New today
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Based on information submitted to the MLS GRID as of July 23, 2026 at 05:04am (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.
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Welcome to this inspirational Leo Fisher-designed Northwest Contemporary home, set in the desirable Mercer Terrace neighborhood. Step into dramatic interiors with cedar-lined cathedral ceilings and expansive windows framing the gorgeous Pacific Northwest setting. Entertain in gathering spaces that have been updated and reimagined with a stunning open-concept kitchen remodel. Chefs will appreciate remarkable features such as a Gaggenau column refrigerator-freezer, Thermador double wall oven, Hestan gas range top, Miele dishwasher, solid walnut custom cabinetry, and gorgeous Mont Blanc quartzite countertops. Numerous practical upgrades bring peace of mind, including wood-framed Marvin Ultimate windows and doors, new LED and recessed lighting, 200-amp electrical panel, extensive landscape drainage work, and more. You'll love this spacious floor plan with 4 bedrooms together on the main-level, including a luxurious primary suite with spa-like bathroom and walk-in closet. All bathrooms have been beautifully updated throughout the home. Head downstairs to the large wood-paneled recreation room with wet bar, office/bedroom, laundry room, and additional bonus and storage rooms. This serene south-end neighborhood is just minutes to schools, parks, playfields, the QFC shopping center, and the Mercer Island Beach Club.
Listed by Charlie Sirianni • Windermere Mercer Island
Listing updated: July 23, 2026 at 05:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557933
Open houses
3 datesNearby open houses (8)
See more →
Open Fri, Jul 24$3,313,000
+$818,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.9M and $4.95M.
Rental earnings
$9,950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,900,000Last sold price
7934 Lake View Lane, Mercer Island, WA 98040
$4,950,000Last sold price
8055 W 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.
7416 Mercer Terrace Drive, 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
$14,555 per month
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Open Sat, Jul 25
Open Sat, Jul 25
Open Sat, Jul 25 +1
Open Sun, Jul 26
Open Sun, Jul 26
Open Sun, Jul 26Mercer 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 9 days.
$2,450,000 Sold
6 weeks ago
4 bd•1.5 ba•~3,020 sq ft•Single Family
8440 W Mercer Way, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.7 mi
Distance
$2,825,000 Sold
6 weeks ago
4 bd•2 ba•~4,100 sq ft•Single Family
6749 82nd Avenue Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.5 mi
Distance
$7,401,101 Sold
8 weeks ago
6 bd•7 ba•~6,092 sq ft•Single Family
7439 W Mercer Way, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.3 mi
Distance
$2,700,000 Sold
8 weeks 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
0.3 mi
Distance
$2,783,200 Sold
2 months ago
5 bd•2.5 ba•~3,850 sq ft•Single Family
7515 Se 76th Street, Mercer Island, WA 98040
7%
Over list
—
Days on market
0.2 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.
