$12,000,000
Est. $61,184/mo7 bd•5 ba•8,680 sq ft
7445 Se 71st Street, Mercer Island, WA 98040
• Listed 2026-07-27•New today
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Based on information submitted to the MLS GRID as of July 28, 2026 at 02:12pm (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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Perched above Lake Washington on a rare 1.2-acre estate along one of Mercer Island's most peaceful private lanes, this home, originally designed by acclaimed Northwest architect Reid Morgan, is a timeless expression of Northwest architecture. Towering timber columns, exposed beams, warm brick, skylights, and walls of glass create spaces that are both dramatic and welcoming. Sweeping lake and skyline views blur the line between indoors and out, while light pours into every space. Designed for both grand entertaining and quiet evenings overlooking the water, every space invites conversation, celebration, and connection. Stepping outside, expansive terraces and a pool create natural extensions of the home's gathering spaces. Thoughtfully designed living, a guest ADU, versatile 6,000-square-foot recreation court, and the privacy afforded by mature evergreens provide exceptional flexibility for everyday living, hosting friends, and making the most of every season. Moments from both Seattle and Bellevue, this is a remarkable Mercer Island Estate where architecture, nature, and hospitality exist in perfect harmony. This home provides everyone a unique reason to gather and leaves a lasting impression. This a place where lifelong memories are made.
Listed by Michael Nix • Keller Williams Rlty Bellevue
Listing updated: July 28, 2026 at 02:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2560135
$11,760,000
-$240,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $7.4M and $8M.
Rental earnings
$35,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$7,401,101Last sold price
7439 W Mercer Way, Mercer Island, WA 98040

$8,000,000Last sold price
5044 Butterworth Road, 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.
7445 Se 71st Street, 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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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.
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 7 days.
$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
0.4 mi
Distance
$7,401,101 Sold
2 months 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
0.4 mi
Distance
$2,700,000 Sold
2 months 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
0.6 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
0.4 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