$3,785,000
Est. $20,044/mo4 bd•4.5 ba•4,440 sq ft
4715 81st Avenue Se, Mercer Island, WA 98040
• Listed Aug 28, 2026•25 days active · 25 cumulative
Tour this home
Request tourListing Broker: John L. Scott, Inc.; Lori Holden Scott; 206-232-8600; Lorih@johnlscott.com
Free · no obligation · cancel anytime
Talk to a local RexMont expert
Avg response under 5 mins
Listing Broker: John L. Scott, Inc.; Lori Holden Scott; 206-232-8600; Lorih@johnlscott.com
Some homes are built to impress. This one was built to endure. Thoughtfully designed by renowned architect Curtis Gelotte and expertly crafted by Bender Chaffey, this custom residence has been cherished by its original owners since the day it was completed and is now offered for sale for the first time. Perched high above Mercer Island's storied Forest Avenue, the home enjoys sweeping western views across Lake Washington to Seward Park, while a rare large, level yard and expansive entertaining decks create an effortless connection between home and landscape. Soaring ceilings and walls of glass invite natural light deep into the living spaces, changing with the seasons and the time of day. Every line, proportion, and material was carefully considered, creating a home that feels as timeless today as it did when it was first imagined. Formal and informal spaces unfold naturally, balancing grand entertaining with comfortable everyday living. There is a quiet confidence to this home. Nothing feels excessive, yet every detail reflects exceptional craftsmanship and thoughtful design. It is a home that rewards careful attention, revealing new details with every visit. Rarely does a residence of this caliber, designed by one of the Northwest's most respected architects and built by one of Mercer Island's premier builders, become available. More than a home, it is a legacy property, created with intention and ready for its next chapter.
Listed by Lori Holden Scott • John L. Scott, Inc.
Listing updated: September 17, 2026 at 12:14pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2574855
4715 81st Avenue Se, Mercer Island, WA 98040
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.
Neighborhood mobility
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
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.
$23,015 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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 5 days.
$4,350,000 Sold
6 weeks ago
5 bd•5.25 ba•~5,028 sq ft•Single Family
4216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
211
Days on market
0.7 mi
Distance
$4,650,000 Sold
2 months ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
85
Days on market
0.1 mi
Distance
$2,498,000 Sold
3 months ago
5 bd•2.5 ba•~3,480 sq ft•Single Family
8255 Se 59th Street, Mercer Island, WA 98040
0%
Over list
62
Days on market
0.8 mi
Distance
$2,150,000 Sold
4 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
85
Days on market
0.1 mi
Distance
$1,750,000 Sold
4 months ago
4 bd•3 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
50
Days on market
0.2 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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 17, 2026 at 12:14pm (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.
Open houses
6 datesNearby open houses (2)
See more →
Open Thu, Sep 24
Open Sat, Sep 26 +1$3,710,000
-$75,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.66M and $4.8M.
Rental earnings
$11,125/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$4,800,000Last sold price
4719 86th Avenue Se, Mercer Island, WA 98040
$3,000,000Last sold price
4465 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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
More homes in this area that match your range.
$2,200,000
8410 Se 47th Place, Mercer Island, WA 98040
Lisa Novak · Windermere Real Estate/East
$3,650,000
4889 Forest Avenue Se, Mercer Island, WA 98040
Kelly Weisfield · COMPASS
$2,149,000
4830 88th Place Se, Mercer Island, WA 98040
Paula Holtzclaw · Coldwell Banker Bain
$3,350,000
8430 Se 53rd Place, Mercer Island, WA 98040
Greg Rosenwald · COMPASS
$2,595,000
8140 Evergreen Lane, Mercer Island, WA 98040
Lori Holden Scott · John L. Scott, Inc.
$1,995,000
5610 W Mercer Way, Mercer Island, WA 98040
Brad Cahill · Real Residential
$3,500,000
4725 W Mercer Way, Mercer Island, WA 98040
Chelsea Halverson · COMPASS
$3,650,000
4889 Forest Avenue Se, Mercer Island, WA 98040
Kelly Weisfield · COMPASS
$3,548,000
5222 Forest Avenue Se, Mercer Island, WA 98040
Michele Schuler · Real Residential
$4,250,000
9221 Se 46th Street, Mercer Island, WA 98040
Chris Koehler · COMPASS
$3,100,000
4140 Boulevard Place, Mercer Island, WA 98040
Lori Holden Scott · John L. Scott, Inc.
$3,295,000
5919 77th Avenue Se, Mercer Island, WA 98040
Greg Rosenwald · COMPASS
