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Listed by Paula Holtzclaw • Coldwell Banker Bain.
FOR SALE

$2,149,000

Est. $11,903/mo

5 bd•3.25 ba•3,520 sq ft

4830 88th Place SE, Mercer Island, WA 98040

• Listed Sep 16, 2026•126 days active · 126 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Coldwell Banker Bain; Paula Holtzclaw; 206-708-4721; paula.holtzclaw@cbrealty.com

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Listing Broker: Coldwell Banker Bain; Paula Holtzclaw; 206-708-4721; paula.holtzclaw@cbrealty.com

About this home

A standout Mercer Island home, now at an exceptional new price. Stylish, spacious, and completely move-in ready, this recently remodeled 5-bedroom, 4-bath home offers an incredible combination of space, amenities, and value in the heart of the Island. Beautiful finishes and thoughtful updates create a fresh, modern feel throughout, with plenty of room to gather, entertain, or simply spread out and relax. The outdoor and recreation spaces are just as impressive, with a large, sunny entertainment-sized deck, full-size lighted pickleball/sports court, and private indoor pool and hot tub. It’s a true at-home resort designed for everything from weekend gatherings and friendly competition to quiet nights at home. Centrally located with easy access to schools, parks, shopping, and everything Mercer Island has to offer. With its new price, this one-of-a-kind home represents one of the best values on the Island. Let the good times roll.

Property type
Single Family
Year built
1979
Interior
3,520 sq ft
Lot size
0.2529 acres
Parking
3-car garage
Price / sq ft
$611
Heating90%+ High Efficiency
CoolingNone
Property taxes$12,989/yr (est.)
School districtMercer Island

Listed by Paula Holtzclaw • Coldwell Banker Bain

Listing updated: September 17, 2026 at 05:04am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2583136

Around this home

RexMont OfferEdge™

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4830 88th Place SE, Mercer Island, WA 98040

List price
$2,149,000
Down payment
$429,800

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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)
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • High Tech Cabling
  • Hot Tub/Spa
  • Indoor Pool
  • Pantry
  • Skylight(s)
  • Walk-In Closet(s)
  • Water Heater
  • Wine/Beverage Refrigerator
  • Wired for Generator
  • 2 fireplaces (gas, wood burning)
  • Daylight, Finished basement

Kitchen

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

Bedrooms

  • 5 bedrooms total
  • 1 on the main level
  • 4 upstairs

Bathrooms

  • 1 full bathroom
  • 3 three-quarter bathrooms (shower, no tub)
  • 3.25 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 3,520 sq ft finished
  • 620 sq ft garage

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Vinyl Plank
  • Carpet

Heating & cooling

  • 90%+ High Efficiency heating
  • None 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
Partial Slope
Faces
West

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
gas
Water heater location
upstairs
Power company
PSE
Water company
City of Mercer Island
Sewer company
City of Mercer Island
Gas company
PSE
Garbage service
Recology
Irrigation water rights
No

Rooms & extras

Pool
Indoor
Spa
Yes
Bathtubs
1
Showers
4
Fireplaces on main
2

New construction

Square footage source
King County Rec
Lot size source
King County Rec

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 4830 88th Place SE

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. Sep 16, 2026
    Listed
    NWMLS via MLS Grid · #2583136
    $2,149,000
    $611/sq ft
  2. Aug 28, 2017
    Sold
    NWMLS via MLS Grid · #1152479
    $1,325,000
    $376/sq ft
  3. Jul 24, 2017
    Pending
    NWMLS via MLS Grid · #1152479
    $1,395,000
    $396/sq ft
  4. Jul 6, 2017
    Listed
    NWMLS via MLS Grid · #1152479
    $1,395,000
    $396/sq ft

Mortgage payment forecast

$13,522 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: Coldwell Banker Bain; Paula Holtzclaw; 206-708-4721; paula.holtzclaw@cbrealty.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 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,585,000 Sold

    3 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

    3 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

    0.6 mi

    Distance

  • $2,825,000 Sold

    2 weeks ago

    4 bd•3.25 ba•~3,728 sq ft•Single Family

    4520 89th Avenue SE, Mercer Island, WA 98040

    2%

    Under list

    40

    Days on market

    0.4 mi

    Distance

  • $1,450,000 Sold

    2 weeks ago

    3 bd•2.5 ba•~2,080 sq ft•Single Family

    4329 86th Avenue SE, Mercer Island, WA 98040

    5%

    Under list

    82

    Days on market

    0.6 mi

    Distance

  • $2,075,000 Sold

    3 weeks ago

    4 bd•2.75 ba•~3,180 sq ft•Single Family

    4859 86th Avenue SE, Mercer Island, WA 98040

    1%

    Under list

    31

    Days on market

    0.1 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

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 17, 2026 at 05:04am (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.

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