$1,600,000
Est. $8,158/mo6427 E Mercer Way, Mercer Island, WA 98040
• Listed 2026-07-23•4 days on market
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Rare opportunity to acquire one of Mercer Island's few fully permitted, construction-ready custom homesites. Included with the sale are approved architectural plans by Seattle-based Citizen Design and building permits for a thoughtfully designed modern residence, allowing buyers to bypass years of design, engineering, permitting and uncertainty while still participating in select finish selections before construction begins. The planned home blends timeless architecture with refined interiors and spaces designed for modern living. Expansive gathering areas connect seamlessly to covered outdoor living, anchored by a chef's kitchen with an oversized island, butler's pantry, dedicated office, main-floor guest suite and functional mudroom. Upstairs, the private primary retreat offers dual walk-in closets and a spa-inspired bath with heated floors, soaking tub and oversized shower, plus three additional bedrooms, two baths and a spacious laundry room. The lower level features a theater, recreation room, wet bar and guest suite with private exterior access. White oak flooring, rift-cut oak cabinetry, natural stone, handmade tile and brushed brass fixtures create a warm, timeless palette inspired by the Pacific Northwest. An extraordinary opportunity to skip years of planning while retaining the ability to personalize select finishes before construction begins. Permit included with sale, offering a rare path to exceptional new home in one of Mercer Island's most coveted settings
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Wed, Jul 29 +1$1,742,000
+$142,000 over list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $1.35M and $2.13M.
Rental earnings
$5,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,355,000Last sold price
7775 Shore Lane, Mercer Island, WA 98040
$2,129,000Last sold price
8836 Se 39th 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.
6427 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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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 24, 2026 at 01:34pm (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.
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Listed by Michele Schuler • Real Residential
Listing updated: July 24, 2026 at 01:34pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2559421
Open Wed, Jul 29 +1
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Open Wed, Jul 29 +2
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Open Sat, Aug 1Mercer 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.
$215,000 Sold
3 weeks ago
•Single Family
9167 Se 64th Street, Mercer Island, WA 98040
43%
Under list
—
Days on market
0.2 mi
Distance
$2,498,000 Sold
5 weeks 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
0.8 mi
Distance
$2,825,000 Sold
7 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
0.8 mi
Distance
$2,500,000 Sold
2 months 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
0.2 mi
Distance
$2,485,000 Sold
3 months ago
4 bd•2.5 ba•~3,120 sq ft•Single Family
8400 Se 61st Street, Mercer Island, WA 98040
1%
Over list
—
Days on market
0.7 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.
