$3,495,000
Est. $17,968/mo5 bd•4.5 ba•4,580 sq ft
7429 E Mercer Way, Mercer Island, WA 98040
• Listed 2026-08-24•5 days on market
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Based on information submitted to the MLS GRID as of August 28, 2026 at 11:01am (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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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: August 28, 2026 at 11:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573060
Open houses
Nearby open houses (6)
See more →$3,939,000
+$444,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.97M and $6.83M.
Rental earnings
$11,825/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$2,950,000Last sold price
7250 92nd Avenue Se, Mercer Island, WA 98040

$3,650,000Last sold price
9271 Se 76th 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.
7429 E Mercer Way, 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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$20,626 per month
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Diane Tien · Realogics Sotheby's Int'l Rlty
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.
$215,000 Sold
8 weeks ago
•Single Family
9167 Se 64th Street, Mercer Island, WA 98040
43%
Under list
—
Days on market
0.7 mi
Distance
$2,450,000 Sold
3 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
0.9 mi
Distance
$2,825,000 Sold
3 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
0.8 mi
Distance
$2,500,000 Sold
3 months ago
6 bd•3.25 ba•~4,360 sq ft•Single Family
6145 93rd Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.8 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
0.9 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 Sep 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.