$3,250,000
Est. $16,691/mo5 bd•3 ba•3,050 sq ft
8340 Avalon Drive, Mercer Island, WA 98040
• Listed 2026-08-21•New today
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 21, 2026 at 04:52pm (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
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!
Listed by Marc Khalili Moftakhari Khalil • Windermere Bellevue Commons
Listing updated: August 21, 2026 at 04:52pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2572484
Open houses
2 datesNearby open houses (8)
See more →
Open Sat, Aug 22 +1$3,185,000
-$65,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.8M and $2.95M.
Rental earnings
$9,550/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,805,000Last sold price
8521 E Mercer Way, Mercer Island, WA 98040
$2,400,000Last sold price
8801 Se 78th 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.
8340 Avalon 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
$18,877 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.
$3,380,000
8144 W Mercer Way, Mercer Island, WA 98040
Ling Drost · We Lakeside
$1,998,000
7520 86th Avenue Se, Mercer Island, WA 98040
Debbie Constantine · John L. Scott, Inc.
$2,199,000
8510 Se 72nd Street, Mercer Island, WA 98040
Joe Lee · Verra Terra
$2,598,000
7432 E Mercer Wy, Mercer Island, WA 98040
Sheryl Yang · Skyline Properties, Inc.
$1,750,000
6560 81st Avenue Se, Mercer Island, WA 98040
Laurie Pettigrew Givan · Windermere Mercer Island
$2,450,000
9226 Se 60th Street, Mercer Island, WA 98040
Greg Rosenwald · COMPASS
$3,380,000
8144 W Mercer Way, Mercer Island, WA 98040
Ling Drost · We Lakeside
$3,995,000
7712 89th Place Se, Mercer Island, WA 98040
Sean Nielsen · Engel & Voelkers Mercer Island
$3,500,000
8001 West Mercer Street, Mercer Island, WA 98040
Diane Tien · Realogics Sotheby's Int'l Rlty
$2,598,000
7432 E Mercer Wy, Mercer Island, WA 98040
Sheryl Yang · Skyline Properties, Inc.
$2,498,000
6771 81st Avenue Se, Mercer Island, WA 98040
Julia A. Buckley · Redfin
$2,450,000
9226 Se 60th Street, Mercer Island, WA 98040
Greg Rosenwald · COMPASS
Open Sat, Aug 22 +1
Open Sat, Aug 22 +1
Open Sat, Aug 22 +3
Open Sat, Aug 22 +1
Open Sat, Aug 22 +1Open Sat, Aug 22 +1Open Sat, Aug 22 +2Mercer 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 8 days.
$2,450,000 Sold
2 months ago
4 bd•2.25 ba•~3,020 sq ft•Single Family
8440 W Mercer Way, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.2 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
0.5 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
$2,783,200 Sold
3 months ago
5 bd•3.25 ba•~3,850 sq ft•Single Family
7515 Se 76th Street, Mercer Island, WA 98040
7%
Over list
—
Days on market
0.8 mi
Distance
$2,500,000 Sold
4 months ago
4 bd•2.25 ba•~3,050 sq ft•Single Family
7 Lewis Lane, Mercer Island, WA 98040
4%
Under list
—
Days on market
0.3 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.
