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Listed by Chris Koehler • COMPASS.Some photos are virtually staged
FOR SALE

$3,995,000

Est. $22,128/mo

Price reduced $255,000 from the original $4,250,000 asking price

4 bd•3.5 ba•4,310 sq ft

9221 SE 46th Street, Mercer Island, WA 98040

• Listed Sep 1, 2026•42 days active · 42 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: COMPASS; Chris Koehler; 206-448-8888; chris.koehler@compass.com

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Listing Broker: COMPASS; Chris Koehler; 206-448-8888; chris.koehler@compass.com

About this home

Ideally sited to capture dazzling lake and Mt. Rainier views, this home pairs exceptional finishes with a discerning sensibility — bright, generously scaled spaces beneath vaulted, beamed ceilings that carry a quiet European elegance. A private gated driveway leads to a gracious entry. To the left, the living room rises beneath curved, beamed ceilings, anchored by a striking gas and wood-burning fireplace and opening to an adjacent office, lake views, and a generous deck. At the heart of the home, a great-room kitchen with an oversized island draws friends together — serious cooks will appreciate its scale, top-tier appliances, and recently upgraded fixtures. A powder room and access to the two-car garage complete the main level. A wide, light-filled stairway descends to the primary suite, where an en suite bath, walk-in closet, and cozy fireplace await. Unusually wide hallways lead to two additional well-proportioned bedrooms, a full bath, and laundry — all south-facing and opening to a large private deck made for entertaining. Generous walk-in closets are found throughout the home. The lowest level offers a comfortable bedroom with bath and a family room with wet bar and its own access to the outdoors. Every room is considered, every view intentional — elegant yet genuinely livable, gracious without effort and made for the way life is truly lived.

Property type
Single Family
Year built
2006
Interior
4,310 sq ft
Lot size
0.2621 acres
Parking
2-car garage
Price / sq ft
$927
HeatingDuctless, Heat Pump, High Efficiency (Unspecified)
CoolingDuctless, Heat Pump
Property taxes$15,569/yr (est.)
School districtMercer Island

Listed by Chris Koehler • COMPASS

Listing updated: October 11, 2026 at 07:45am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2576410

Around this home

RexMont OfferEdge™

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9221 SE 46th Street, Mercer Island, WA 98040

List price
$3,995,000
Down payment
$799,000

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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
  • Ceiling Fan(s)
  • Dining Room
  • Fireplace
  • Fireplace (Primary Bedroom)
  • French Doors
  • Security System
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar
  • Wine/Beverage Refrigerator
  • 2 fireplaces (gas, wood burning)
  • Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 4 on the lower level

Bathrooms

  • 3 full bathrooms
  • 1 half bathroom
  • 3.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • Multi Level
  • 4,310 sq ft finished
  • 640 sq ft garage

Flooring

  • Ceramic Tile
  • Hardwood
  • Slate

Heating & cooling

  • Ductless heating
  • Heat Pump heating
  • High Efficiency (Unspecified) heating
  • Ductless 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,Sloped
Faces
South

Systems

Energy source
Natural Gas
Power production
Natural Gas
Power company
PSE
Water company
City of Mercer Island
Irrigation water rights
No

Rooms & extras

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

New construction

Square footage source
KCR
Lot size source
KCR

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

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Sales & Tax Records for 9221 SE 46th Street

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. Oct 11, 2026
    Price reduced
    NWMLS via MLS Grid · #2576410
    $3,995,000
    $927/sq ft
  2. Sep 1, 2026
    Listed
    NWMLS via MLS Grid · #2576410
    $4,250,000
    $986/sq ft
  3. Oct 15, 2009
    Sold
    NWMLS via MLS Grid · #29038408
    $1,625,000
    $377/sq ft
  4. Aug 14, 2009
    Pending
    NWMLS via MLS Grid · #29038408
    $1,750,000
    $406/sq ft
  5. Mar 20, 2009
    Listed
    NWMLS via MLS Grid · #29038408
    $1,750,000
    $406/sq ft
  6. Dec 12, 2003
    Sold
    NWMLS via MLS Grid · #23103759
    $290,000
    $67/sq ft

Mortgage payment forecast

$24,424 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: COMPASS; Chris Koehler; 206-448-8888; chris.koehler@compass.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
  • $1,585,000 Sold

    4 days ago

    4 bd•3 ba•~2,220 sq ft•Single Family

    4215 Island Crest Way, Mercer Island, WA 98040

    6%

    Under list

    65

    Days on market

    0.8 mi

    Distance

  • $3,425,000 Sold

    4 days ago

    7 bd•3.25 ba•~4,640 sq ft•Single Family

    8105 SE 44th Street, Mercer Island, WA 98040

    2%

    Under list

    24

    Days on market

    0.8 mi

    Distance

  • $1,950,000 Sold

    5 days ago

    3 bd•2.25 ba•~2,880 sq ft•Single Family

    9726 SE 40th Street, Mercer Island, WA 98040

    11%

    Under list

    51

    Days on market

    0.8 mi

    Distance

  • $6,350,000 Sold

    2 weeks ago

    5 bd•4.25 ba•~5,535 sq ft•Single Family

    4102 100th Avenue SE, Mercer Island, WA 98040

    8%

    Under list

    41

    Days on market

    0.8 mi

    Distance

  • $1,400,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~1,410 sq ft•Single Family

    9712 SE 41st, Mercer Island, WA 98040

    5%

    Under list

    124

    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 7:08 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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