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Listed by Marc Khalili Moftakhari Khalil • Windermere Bellevue Commons.Some photos are virtually staged
FOR SALE

$3,250,000

Est. $18,002/mo

5 bd•3 ba•3,050 sq ft

8340 Avalon Drive, Mercer Island, WA 98040

• Listed Aug 21, 2026•53 days active · 53 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere Bellevue Commons; Marc Khalili Moftakhari Khalil; 206-949-5435; marckhalili@gmail.com

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Listing Broker: Windermere Bellevue Commons; Marc Khalili Moftakhari Khalil; 206-949-5435; marckhalili@gmail.com

About this home

Welcome to your dream home in Mercer Island's coveted Avalon Park. This 4 Bed/ 3 Bath home features elegant living with panoramic views of Lake Washington and Mt Rainier. A main level flooded with natural light enhanced by accordion windows and bifold counter window to the gorgeous Lake Washington and Mount Rainier views and a dream entertainer patio. Open concept modern kitchen with all new chef inspired appliances, new cabinets and quartz countertop. Three of the four bedroom are also on the main floor with spacious primary bedroom facing the views with 5 pieces bath and walking closet. Prime access to Mercer Island Beach Club offering moorage, tennis, pools, gym & more!

Property type
Single Family
Year built
1963
Interior
3,050 sq ft
Lot size
0.3696 acres
Parking
2-car garage
Price / sq ft
$1066
Heating90%+ High Efficiency, Forced Air, Heat Pump
Cooling90%+ High Efficiency, Central Air, Heat Pump
Property taxes$16,472/yr (est.)
School districtMercer Island

Listed by Marc Khalili Moftakhari Khalil • Windermere Bellevue Commons

Listing updated: September 22, 2026 at 10:04am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2572484

Around this home

RexMont OfferEdge™

How much should you offer?

8340 Avalon Drive, Mercer Island, WA 98040

List price
$3,250,000
Down payment
$650,000

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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.

Property details

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Fireplace (Primary Bedroom)
  • French Doors
  • High Tech Cabling
  • Pantry
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • 3 fireplaces (electric)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Tankless Water Heater
  • Washer

Bedrooms

  • 5 bedrooms total
  • 5 on the main level

Bathrooms

  • 3 full bathrooms
  • 3 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 3,050 sq ft finished
  • 480 sq ft garage

Flooring

  • Ceramic Tile
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • Forced Air heating
  • Heat Pump heating
  • 90%+ High Efficiency cooling
  • Central Air cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Vegetation
Fruit Trees
Zoning jurisdiction
City

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Tankless
Water heater location
Garage
Power company
Puget Sound Energy
Water company
City of Mercer Island
Sewer company
City of Mercer Island
Gas company
Puget Sound Energy
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Rooms & extras

Bathtubs
1
Showers
3
Fireplaces on main
2
Fireplaces lower level
1

New construction

Square footage source
Appraisal
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 8340 Avalon Drive

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Aug 21, 2026
    Listed
    NWMLS via MLS Grid · #2572484
    $3,250,000
    $1,066/sq ft
  2. Mar 29, 2024
    Sold
    NWMLS via MLS Grid · #2207125
    $2,100,000
    $689/sq ft
  3. Mar 13, 2024
    Pending
    NWMLS via MLS Grid · #2207125
    $1,799,900
    $590/sq ft
  4. Mar 8, 2024
    Listed
    NWMLS via MLS Grid · #2207125
    $1,799,900
    $590/sq ft
  5. Jan 21, 2021
    Sold
    NWMLS via MLS Grid · #1721831
    $1,750,000
    $574/sq ft
  6. Jan 21, 2021
    Listed
    NWMLS via MLS Grid · #1721831
    $1,750,000
    $574/sq ft

Mortgage payment forecast

$20,188 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Windermere Bellevue Commons; Marc Khalili Moftakhari Khalil; 206-949-5435; marckhalili@gmail.com

Market pulse

Mercer Island is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 61 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $3,285,000 Sold

    6 days ago

    5 bd•4.5 ba•~4,580 sq ft•Single Family

    7429 E Mercer Way, Mercer Island, WA 98040

    6%

    Under list

    44

    Days on market

    0.7 mi

    Distance

  • $2,125,000 Sold

    2 weeks ago

    3 bd•2.5 ba•~2,810 sq ft•Single Family

    8510 SE 72nd Street, Mercer Island, WA 98040

    3%

    Under list

    44

    Days on market

    0.7 mi

    Distance

  • $2,918,000 Sold

    3 weeks ago

    5 bd•3 ba•~3,464 sq ft•Single Family

    8636 SE 75th Place, Mercer Island, WA 98040

    13%

    Over list

    15

    Days on market

    0.5 mi

    Distance

  • $2,150,000 Sold

    4 weeks ago

    4 bd•2.25 ba•~2,510 sq ft•Single Family

    8534 SE 79th Place, Mercer Island, WA 98040

    2%

    Under list

    32

    Days on market

    0.3 mi

    Distance

  • $2,300,000 Sold

    6 weeks ago

    5 bd•3 ba•~4,400 sq ft•Single Family

    7416 Mercer Terrace Drive, Mercer Island, WA 98040

    8%

    Under list

    44

    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.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 13, 2026 at 9:55 PM PT (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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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