$4,250,000
Est. $21,849/mo4 bd•3.5 ba•4,310 sq ft
9221 Se 46th Street, Mercer Island, WA 98040
• Listed 2026-09-01•New today
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Based on information submitted to the MLS GRID as of September 2, 2026 at 11:16am (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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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.
Listed by Chris Koehler • COMPASS
Listing updated: September 2, 2026 at 11:16am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576410
Open houses
2 datesNearby open houses (3)
See more →$4,165,000
-$85,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.2M and $5.15M.
Rental earnings
$12,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$2,200,000Last sold price
4741 Fernridge Lane, Mercer Island, WA 98040

$5,150,000Last sold price
4802 East 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.
9221 Se 46th Street, 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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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.
$4,350,000 Sold
3 weeks ago
5 bd•5.25 ba
Open Sat, Sep 5 +1
Open Sun, Sep 64216 83rd Avenue Se, Mercer Island, WA 98040
5%
Under list
—
Days on market
0.8 mi
Distance
$4,650,000 Sold
7 weeks ago
5 bd•3.25 ba•~4,650 sq ft•Single Family
4628 Forest Avenue Se, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.6 mi
Distance
$1,625,000 Sold
3 months ago
3 bd•1.75 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.8 mi
Distance
$2,150,000 Sold
3 months ago
4 bd•3.25 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.6 mi
Distance
$1,750,000 Sold
3 months ago
4 bd•3 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.5 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.