$4,250,000
Est. $22,506/mo4 bd•3.5 ba•4,310 sq ft
9221 Se 46th Street, Mercer Island, WA 98040
• Listed Sep 1, 2026•21 days active · 21 cumulative
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Listing Broker: COMPASS; Chris Koehler; 206-448-8888; chris.koehler@compass.com
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 18, 2026 at 11:14am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2576410
9221 Se 46th Street, 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.
$24,866 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
0.8 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
0.6 mi
Distance
$1,625,000 Sold
4 months ago
3 bd•1.75 ba•~1,580 sq ft•Single Family
9750 Se 41st Street, Mercer Island, WA 98040
6%
Under list
55
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
0.6 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
0.5 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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 18, 2026 at 11:14am (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
4 datesNearby open houses (5)
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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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