$3,285,000
Listed at $3,495,0005 bd•4.5 ba•4,580 sq ft
7429 E Mercer Way, Mercer Island, WA 98040
• Listed Aug 24, 2026
RexMont Market Signal for 7429 E Mercer Way
Sold price on recordRexMont Market Signal $3,285,000
Closed sale price · as of October 7, 2026, the day it sold.
Market Signal since the sale
$3,257,056
Likely $2,792,172 – $3,960,739 · solid read · as of November 1, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
Your home value, prepared by the designated broker
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Watching: Mercer Island $2.63M–$3.94M · 5+ bd
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Listing Broker: John L. Scott, Inc.; Lori Holden Scott; 206-232-8600; Lorih@johnlscott.com
Buyer Broker: Windermere Mercer Island
About this home
There is something about this home that just feels good. Maybe it's the gorgeous lake views or the way the kitchen/great room naturally becomes the gathering place, the separate butlers pantry with 2nd dishwasher/sink/storage, wide plank hardwood floors throughout, the ease of having four bedrooms on the upper level, or the rooftop deck where Lake Washington puts on a different show every evening. Built in 2016 with nearly 4,600 square feet, this is a home designed to be lived in, not just admired. The elevator quietly connects every floor, the covered outdoor spaces invite year round entertaining, and the flexible floor plan adapts as life changes. The primary suite is a welcome escape with beautiful lake views, a spa inspired bath, and a closet that will make anyone smile. A separate bonus room with its own patio and bath is equally suited for guests, working from home, or extended stays. Outside, the beautifully landscaped yard asks very little of you while giving plenty back, from the putting green to cozy evenings around the fireplace on the covered front deck. A three car garage, quality craftsmanship, and a location just minutes from the Mercer Island Beach Club, parks, schools, shopping, Seattle, and Bellevue complete the picture. Newer construction with this much space, a floor plan that lives so well, and this level of quality is rarely available on Mercer Island at this value.
Listed by Lori Holden Scott • John L. Scott, Inc.
Listing updated: October 9, 2026 at 01:16pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573060
Around this home
Property details
Interior features
- Bath Off Primary
- Dbl Pane/Storm Window
- Dining Room
- Elevator
- Fireplace
- High Tech Cabling
- Jetted Tub
- Pantry
- Security System
- Skylight(s)
- Sprinkler System
- Walk-In Closet(s)
- Wet Bar
- Wine/Beverage Refrigerator
- 2 fireplaces (gas)
- Finished basement
Kitchen
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 5 bedrooms total
- 4 upstairs
- 1 on the lower level
Bathrooms
- 4 full bathrooms
- 1 half bathroom
- 4.5 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Stories w/Bsmnt
- 4,580 sq ft finished
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Forced Air heating
- High Efficiency (Unspecified) heating
- Radiant heating
- Central Air cooling
Schools
Ratings via SchoolDiggerMercer Island School District
- Island Park ElementaryPublic · Grades K-5 · State rank 9 of 1,13810/10
- Islander Middle SchoolPublic · Grades 6-8 · State rank 9 of 51410/10
- Mercer Island High SchoolPublic · Grades 9-12 · State rank 2 of 39610/10
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,Terraces
- Vegetation
- Garden Space
- Faces
- East
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Power company
- Puget Sound Energy
- Water company
- City Of Mercer Island
- Sewer company
- City Of Mercer Island
- Gas company
- Puget Sound Energy
- Garbage service
- Republic
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 4
- Showers
- 4
- Fireplaces on main
- 2
New construction
- Square footage source
- Realist
- Lot size source
- Realist
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.
Opens with the report above.
Sales & Tax Records for 7429 E Mercer Way
NWMLS via MLS Grid · King County AssessorEvery 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.
- Oct 7, 2026SoldNWMLS via MLS Grid · #2573060$3,285,000$717/sq ft
- Sep 5, 2026PendingNWMLS via MLS Grid · #2573060$3,495,000$763/sq ft
- Aug 24, 2026ListedNWMLS via MLS Grid · #2573060$3,495,000$763/sq ft
- Nov 9, 2017SoldNWMLS via MLS Grid · #1142011$2,525,000$551/sq ft
- Oct 10, 2017PendingNWMLS via MLS Grid · #1142011$2,620,000$572/sq ft
- Oct 10, 2017Price reducedNWMLS via MLS Grid · #1142011$2,620,000$572/sq ft
Market pulse
Mercer Island is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 73 days.
Recent sales nearby
Within 1 mile · last 6 months$1,885,000 Sold
2 weeks ago
4 bd•2.25 ba•~2,570 sq ft•Single Family
9116 SE 72nd Place, Mercer Island, WA 98040
1%
Under list
42
Days on market
0.2 mi
Distance
$5,700,000 Sold
3 weeks ago
4 bd•3.25 ba•~3,685 sq ft•Single Family
6952 96th Avenue SE, Mercer Island, WA 98040
3%
Under list
70
Days on market
0.3 mi
Distance
$3,285,000 Sold
4 weeks 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
0.1 mi
Distance
$2,650,000 Sold
4 weeks ago
4 bd•2.75 ba•~3,170 sq ft•Single Family
6543 81st Avenue SE, Mercer Island, WA 98040
2%
Under list
64
Days on market
1.0 mi
Distance
$6,923,300 Sold
4 weeks ago
5 bd•3.75 ba•~4,812 sq ft•Single Family
6922 96th Avenue SE, Mercer Island, WA 98040
13%
Under list
112
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 Nov 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 November 2, 2026 at 1:11 AM 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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