$7,650,000
Est. $39,288/mo4 bd•2.75 ba•4,480 sq ft
49 Holly Hill Drive, Mercer Island, WA 98040
• Listed 2026-08-18•New today
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Based on information submitted to the MLS GRID as of August 19, 2026 at 07:27pm (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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Pristine Westside Waterfront! Available for the first time in 34 years, this impeccably maintained estate spans over half an acre with 95’ of premier Mercer Island shoreline. A private dock with covered boat lift, level play lawn, expansive deck and patio create exceptional spaces for entertaining, relaxing and enjoying life on the lake - from sunny afternoons to spectacular evening sunsets. Inside, vaulted ceilings and walls of windows frame sparkling lake and city views. An ideal floorplan offers effortless flow between the light-filled kitchen and living spaces, each thoughtfully oriented to the water. Luxurious primary suite with office, en suite bath and walk-in closet, plus a second bedroom on the main. The lower level features a spacious rec room with wet bar, two additional bedrooms with built-ins and generous storage. A bubbling fountain and beautifully landscaped grounds enhance the serene setting. Oversized 3-car garage and generator. Privately positioned at the end of a quiet lane in a coveted westside location - an extraordinary opportunity to own a truly special piece of Mercer Island waterfront.
Listed by Kelly Weisfield • COMPASS
Listing updated: August 19, 2026 at 07:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2570474
Open houses
4 datesNearby open houses (8)
See more →
Open Thu, Aug 20 +1$7,497,000
-$153,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $3.85M and $8.3M.
Rental earnings
$22,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$7,800,000Last sold price
16 Meadow 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.
49 Holly Hill 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
$44,972 per month
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Open Fri, Aug 21 +2
Open Fri, Aug 21 +1
Open Fri, Aug 21
Open Sat, Aug 22 +1
Open Sat, Aug 22 +1
Open Sat, Aug 22
Open Sat, Aug 22 +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 2% below list price.
Time on market: The average home goes pending in around 7 days.
$2,498,000 Sold
8 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
1.0 mi
Distance
$2,825,000 Sold
2 months ago
4 bd•2.75 ba•~4,100 sq ft•Single Family
6749 82nd Avenue Se, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.6 mi
Distance
$7,401,101 Sold
3 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
0.3 mi
Distance
$2,700,000 Sold
3 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
0.7 mi
Distance
$3,024,000 Sold
3 months ago
5 bd•3.5 ba•~3,850 sq ft•Single Family
8421 Se 72nd Place, Mercer Island, WA 98040
5%
Over list
—
Days on market
0.8 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 Aug 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.
