Waterfront Property Search · Mercer Island, WA
Mercer Island waterfront homes.
Waterfront homes in Mercer Island are among the most complex real estate transactions — water rights, bulkhead condition, flood zone classification, and dock permitting all require specialist knowledge. RexMont's agents have represented buyers and sellers across the region's lakes, rivers, and Puget Sound shoreline.
Market context
What buyers and sellers should know.
Mercer Island waterfront inventory is permanently constrained. The best properties — deep water, stable bulkheads, south or west exposure, and legal dock structures — rarely come to market and typically sell quickly when they do.
Mercer Island single-family homes are currently priced around $2.68M median (roughly $819/sqft), with a typical 34 days on market. The area is served by the Mercer Island School District, and top local employers include Seattle & Bellevue professional sector, tech industry remote, and healthcare. Primary commute corridors connect to Mercer Island Link Light Rail Station and I-90 to Seattle or Bellevue (~10 min).
RexMont Real Estate is Seattle and the Eastside's most-reviewed brokerage — 1,241+ five-star Google reviews and over $1 billion in closed transactions across 1,200+ deals.
Before you buy
What to know about waterfront homes in Mercer Island.
Bulkhead condition and repair costs
Bulkheads (the retaining structures along the waterline) deteriorate over time and are expensive to repair or replace — $50,000–$300,000+ depending on linear footage and construction type. Always commission a bulkhead inspection by a marine engineer.
Dock permitting and water rights
Not all waterfront properties have permitted dock structures. Confirm dock permits, any Washington Department of Fish and Wildlife restrictions, and whether the dock is in a no-wake or no-motor zone.
Flood zone designation
FEMA flood zone classification affects insurance costs significantly. Properties in high-risk zones (Zone A or AE) require federally mandated flood insurance, which can add $3,000–$10,000+/year to holding costs.
Septic vs. sewer for older waterfront
Many older waterfront properties are on septic systems near the water's edge. King County and other jurisdictions have increasingly strict requirements for septic systems near shorelines. Inspect carefully and budget for potential upgrades.
Shoreline erosion and environmental restrictions
Washington's Shoreline Management Act regulates development within 200 feet of water. Additions, new structures, and even significant landscaping may require permits that can be difficult to obtain.
Tools & insights
Resources for Mercer Island buyers and sellers.
Mortgage calculator
Estimate monthly payments and total interest.
Home value estimate
Get an agent-prepared estimate of your Mercer Islandhome's value.
Cost of buying a home
Closing costs, reserves, and what to have liquid before you start.
All Mercer Island homes
Browse every Mercer Island listing and neighborhood guide.
Live NWMLS data
Active Mercer Island waterfront homes for sale
The latest active NWMLS waterfront homes in Mercer Island, refreshed hourly.
- Median price
- $2.45M
- Median $/sqft
- $789
- Avg days on market
- 39
- Listings for sale
- 95+
Active4 days active · 102 cumulative$3,450,000
MLS# 25875324889 Forest Avenue Se
Mercer Island, WA 98040
5 bd3.25 ba4,910 sqftListing courtesy of COMPASS
Active2 days active · 2 cumulative$880,000
MLS# 25851623206 80th Avenue Se #3
Mercer Island, WA 98040
3 bd1.75 ba1,375 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active5 days active · 5 cumulative$900,000
MLS# 25871607800 Se 27th Street #206
Mercer Island, WA 98040
2 bd2 ba1,444 sqftListing courtesy of Windermere Real Estate/East
Active5 days active · 20 cumulative$1,850,000
MLS# 25871444057 96th Avenue Se
Mercer Island, WA 98040
4 bd3.5 ba2,140 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active6 days active · 76 cumulative$2,385,000
MLS# 25858625 Lindley Road
Mercer Island, WA 98040
5 bd1.75 ba3,350 sqftListing courtesy of COMPASS
Active8 days active · 8 cumulative$10,680,000
MLS# 25853558493 W Mercer Way
Mercer Island, WA 98040
5 bd4.75 ba5,370 sqftListing courtesy of COMPASS
Active6 days active · 6 cumulative$3,350,888
MLS# 25775473204 72nd Avenue Se
Mercer Island, WA 98040
4 bd3.75 ba4,187 sqftListing courtesy of COMPASS
Active11 days active · 11 cumulative$2,385,000
MLS# 25839258539 Se 79th Place
Mercer Island, WA 98040
4 bd2.75 ba2,909 sqftListing courtesy of Coldwell Banker Bain
Active12 days active · 12 cumulative$399,950
MLS# 2583999Address withheld
Mercer Island, WA 98040
0 bd0 baListing courtesy of Steel Realty Group, LLC
Active13 days active · 101 cumulative$2,149,000
MLS# 25831364830 88th Place Se
Mercer Island, WA 98040
5 bd3.25 ba3,520 sqftListing courtesy of Coldwell Banker Bain
Active14 days active · 14 cumulative$2,795,000
MLS# 25822457803 89th Place Se
Mercer Island, WA 98040
4 bd4 ba4,197 sqftListing courtesy of Coldwell Banker Bain
Active14 days active · 44 cumulative$1,710,000
MLS# 25828505212 W Mercer Place
Mercer Island, WA 98040
5 bd3 ba3,240 sqftListing courtesy of Windermere RE Greenwood
Active14 days active · 14 cumulative$1,588,000
MLS# 25828398218 Se 36th Street
Mercer Island, WA 98040
3 bd1.75 ba2,153 sqftListing courtesy of Coldwell Banker Bain
Active18 days active · 18 cumulative$3,100,000
MLS# 25815164140 Boulevard Place
Mercer Island, WA 98040
5 bd3 ba4,070 sqftListing courtesy of John L. Scott, Inc.
Active18 days active · 55 cumulative$2,300,000
MLS# 25814659226 Se 60th Street
Mercer Island, WA 98040
5 bd2.75 ba2,847 sqftListing courtesy of COMPASS
Active18 days active · 18 cumulative$6,800,000
MLS# 25801947909 78th Avenue Se
Mercer Island, WA 98040
6 bd8.5 ba9,340 sqftListing courtesy of COMPASS
Active19 days active · 19 cumulative$2,195,000
MLS# 25794599095 Se 79th Street
Mercer Island, WA 98040
3 bd2.5 ba2,830 sqftListing courtesy of Windermere Real Estate/East
Active19 days active · 19 cumulative$2,450,000
MLS# 25808698337 E Mercer Way
Mercer Island, WA 98040
4 bd2.5 ba3,205 sqftListing courtesy of Windermere Real Estate/East
Active21 days active · 21 cumulative$2,595,000
MLS# 25795808140 Evergreen Lane
Mercer Island, WA 98040
4 bd3.25 ba3,346 sqftListing courtesy of John L. Scott, Inc.
Active21 days active · 49 cumulative$1,995,000
MLS# 25791285610 W Mercer Way
Mercer Island, WA 98040
4 bd3.5 ba2,810 sqftListing courtesy of Real Residential
Active25 days active · 67 cumulative$2,999,988
MLS# 25787279426 Se 52nd Street
Mercer Island, WA 98040
5 bd3.5 ba4,760 sqftListing courtesy of Windermere Real Estate/East
Active27 days active · 27 cumulative$3,395,000
MLS# 25770307560 86th Avenue Se
Mercer Island, WA 98040
4 bd3.5 ba4,380 sqftListing courtesy of John L. Scott, Inc.
Active27 days active · 27 cumulative$2,198,000
MLS# 25759103515 72nd Avenue Se
Mercer Island, WA 98040
4 bd2.75 ba3,240 sqftListing courtesy of Coldwell Banker Bain
Active27 days active · 75 cumulative$7,650,000
MLS# 25771908279 W Mercer Way
Mercer Island, WA 98040
6 bd5.5 ba6,670 sqftListing courtesy of MY International Real Estate
All 95 homes as a list
- 6924 96th Avenue Se · $2,698,000
- 8410 Se 47th Place · $2,200,000
- Address withheld · Mercer Island · $550,000
- 9221 Se 46th Street · $3,995,000
- 5330 Butterworth Road · $17,900,000
- 4715 81st Avenue Se · $3,785,000
- 7921 E Mercer Way · $2,100,000
- 3055 80th Avenue Se #107 · $389,000
- 3410 W Mercer Way · $5,586,000
- 2434 73rd Avenue Se · $1,795,000
- 2227 77th Avenue Se · $3,495,000
- 8340 Avalon Drive · $3,250,000
- 9360 Mercerwood Drive · $2,399,000
- 8144 W Mercer Way · $3,380,000
- 2965 74th Avenue Se · $4,500,000
- 7520 86th Avenue Se · $1,780,000
- 8430 Se 45th Street · $1,799,500
- 9950 Se 39th Street · $3,195,000
- 8817 Se 44th Street · $1,625,000
- 3427 72nd Place Se · $4,250,000
- 5919 77th Avenue Se · $3,295,000
- 9418 Se 33rd Street · $5,999,000
- 7639 Se 29th Street · $1,215,000
- 3621 81st Avenue Se · $1,898,000
- 2500 81st Avenue Se #351 · $395,000
- 8430 Se 53rd Place · $3,350,000
- 4725 W Mercer Way · $3,500,000
- 6560 81st Avenue Se · $1,750,000
- 7445 Se 71st Street · $12,000,000
- 8431 Se 39th Street · $3,147,000
- 6427 E Mercer Way · $1,600,000
- 6427 E Mercer Way · $4,995,000
- 4739 Fernridge Lane · $2,375,000
- 2444 72nd Avenue Se · $1,695,000
- 8001 West Mercer Street · $3,500,000
- 3021 70th Avenue Se · $2,600,000
- 7066 92nd Avenue Se · $2,299,000
- 7549 Se 29th Street #103 · $829,900
- 4835 Forest Avenue Se · $4,790,000
- 9433 Se 54th Street · $998,000
- 2500 81st Avenue Se #329 · $360,000
- 8114 W Mercer Way · $700,000
- 7712 89th Place Se · $3,875,000
- 4336 E Mercer Way · $2,199,000
- 4024 85th Avenue Se · $4,299,995
- 9210 Parkwood Ridge Road · $1,839,000
- 7235 87th Avenue Se · $2,095,000
- 3745 88th Avenue Se · $3,799,000
- 6333 77th Avenue Se · $19,500,000
- Address withheld · Mercer Island · $9,950,000
- 5709 80th Avenue Se · $1,685,000
- 9818 Se 42nd Place · $5,665,000
- 4041 W Mercer Way · $13,995,000
- 18 Holly Lane · $7,499,988
- 5222 Forest Avenue Se · $3,548,000
- 7703 W Mercer Way · $6,250,000
- 6418 E Mercer Way · $2,050,000
- 7600 Se 29th St #311 · $580,000
- 2939 76th Avenue Se #41b · $295,000
- 8233 W Mercer Way · $24,000,000
- 2500 81st Avenue Se #118 · $399,950
- 8526 E Mercer Way · $1,699,500
- 8025 W Mercer Way · $12,000,000
- 7220 North Mercer Way · $6,200,000
- 7220 N Mercer Way · $6,200,000
- Address withheld · Mercer Island · $28,000,000
- 8260 Avalon Drive · $9,590,000
- 7254 N Mercer Way · $6,995,000
- 28 Xx 68th Avenue Se · $1,525,000
- 0 Xxx 91st Avenue Se · $279,950
- 0 Xx23 91 St Avenue Se · $379,950
Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use. Market stats reflect representative market data for Mercer Island; current listings and individual neighborhoods may vary.
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Common questions
Mercer Island waterfront homes FAQ.
- What does waterfront property cost in Mercer Island?
- Waterfront pricing in Mercer Island varies dramatically by water body, depth, views, and improvements. RexMont's waterfront specialists can give you a current market snapshot and identify what distinguishes premium properties from those that are simply on the water.
- Is waterfront property a good investment?
- Waterfront with deep water access, a stable bulkhead, and full permits consistently holds value over time. Waterfront properties with deferred maintenance, flood risk, or permitting issues carry more volatility.