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 homes are currently priced around $2.6M median (roughly $794/sqft), with an average of 22 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 — 1,235+ 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
- $2.6M
- Median $/sqft
- $794
- Avg days on market
- 22
- Listings for sale
- 82+
ActiveNew today$1,993,000
MLS# 25620654807 E Mercer Way
Mercer Island, WA 98040
4 bd2.25 ba2,990 sqftListing courtesy of Skyline Properties, Inc.
ActiveNew today$3,500,000
MLS# 25624974725 W Mercer Way
Mercer Island, WA 98040
4 bd3.25 ba4,010 sqftListing courtesy of COMPASS
ActiveNew today$1,750,000
MLS# 25596216560 81st Avenue Se
Mercer Island, WA 98040
4 bd2.5 ba2,560 sqftListing courtesy of Windermere Mercer Island
Active1 day on market$12,000,000
MLS# 25601357445 Se 71st Street
Mercer Island, WA 98040
7 bd6.5 ba8,680 sqftListing courtesy of Keller Williams Rlty Bellevue
Active1 day on market$1,560,000
MLS# 25592224429 E Mercer Way
Mercer Island, WA 98040
4 bd2.5 ba2,920 sqftListing courtesy of Real Residential
Active2 days on market$2,450,000
MLS# 25595859226 Se 60th Street
Mercer Island, WA 98040
5 bd2.75 ba2,847 sqftListing courtesy of COMPASS
ActiveNew today$3,280,000
MLS# 25589658431 Se 39th Street
Mercer Island, WA 98040
4 bd3 ba3,030 sqftListing courtesy of COMPASS
Active2 days on market$2,650,000
MLS# 25589675830 W Mercer Way
Mercer Island, WA 98040
5 bd3.75 ba5,680 sqftListing courtesy of COMPASS
Active6 days on market$4,995,000
MLS# 25594226427 E Mercer Way
Mercer Island, WA 98040
7 bd4.25 ba5,366 sqftListing courtesy of Real Residential
Active6 days on market$1,600,000
MLS# 25594216427 E Mercer Way
Mercer Island, WA 98040
0 bd0 baListing courtesy of Real Residential
Active5 days on market$2,249,000
MLS# 25589598510 Se 72nd Street
Mercer Island, WA 98040
3 bd2.5 ba2,810 sqftListing courtesy of Verra Terra
Active7 days on market$2,495,000
MLS# 25579337416 Mercer Terrace Drive
Mercer Island, WA 98040
5 bd3 ba4,400 sqftListing courtesy of Windermere Mercer Island
Active8 days on market$2,150,000
MLS# 24903075610 W Mercer Way
Mercer Island, WA 98040
4 bd3.5 ba2,810 sqftListing courtesy of Real Residential
Active6 days on market$2,500,000
MLS# 25577224739 Fernridge Lane
Mercer Island, WA 98040
5 bd5.5 ba4,100 sqftListing courtesy of We Lakeside
Active9 days on market$3,500,000
MLS# 25472638001 West Mercer Street
Mercer Island, WA 98040
4 bd1.75 ba1,330 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active5 days on market$2,600,000
MLS# 25553703021 70th Avenue Se
Mercer Island, WA 98040
4 bd2.5 ba2,700 sqftListing courtesy of DCL Management, LLC
Active2 days on market$2,599,000
MLS# 25549287066 92nd Avenue Se
Mercer Island, WA 98040
4 bd3.25 ba4,530 sqftListing courtesy of Berkshire Hathaway HS NW
ActiveNew today$849,900
MLS# 25548317549 Se 29th Street #103
Mercer Island, WA 98040
2 bd1.75 baListing courtesy of CENTURY 21 Real Estate Center
Active1 day on market$7,800,000
MLS# 25533466952 96th Avenue Se
Mercer Island, WA 98040
4 bd3.25 ba3,685 sqftListing courtesy of Windermere Real Estate Midtown
Active6 days on market$3,299,988
MLS# 25518459426 Se 52nd Street
Mercer Island, WA 98040
5 bd3.5 ba4,760 sqftListing courtesy of Windermere Real Estate/East
Active7 days on market$3,700,000
MLS# 25532447429 E Mercer Way
Mercer Island, WA 98040
5 bd4.5 ba4,580 sqftListing courtesy of John L. Scott, Inc.
Active7 days on market$2,675,000
MLS# 25521955 Lindley Road
Mercer Island, WA 98040
5 bd1.75 ba3,350 sqftListing courtesy of COMPASS
Active1 day on market$1,995,000
MLS# 25517809116 Se 72nd Place
Mercer Island, WA 98040
4 bd2.25 ba2,570 sqftListing courtesy of COMPASS
Active10 days on market$1,600,000
MLS# 25515204329 86th Avenue Se
Mercer Island, WA 98040
3 bd2.5 ba2,080 sqftListing courtesy of RSVP Brokers ERA
Active2 days on market$5,880,000
MLS# 25436863410 W Mercer Way
Mercer Island, WA 98040
5 bd5.5 ba6,140 sqftListing courtesy of Windermere Bellevue Commons
Active2 days on market$5,000,000
MLS# 25513864835 Forest Avenue Se
Mercer Island, WA 98040
3 bd3.75 ba3,670 sqftListing courtesy of Windermere Mercer Island
Active1 day on market$1,869,000
MLS# 25510557616 Se 37th Place
Mercer Island, WA 98040
3 bd2.25 ba2,060 sqftListing courtesy of Windermere Real Estate/East
Active24 days on market$998,000
MLS# 25495489433 Se 54th Street
Mercer Island, WA 98040
0 bd0 baListing courtesy of eXp Realty
Active2 days on market$2,269,000
MLS# 25499344830 88th Place Se
Mercer Island, WA 98040
5 bd3.25 ba3,520 sqftListing courtesy of Coldwell Banker Bain
Active14 days on market$419,950
MLS# 25493812929 76th Avenue Se #208
Mercer Island, WA 98040
1 bd0.75 baListing courtesy of Keller Williams Realty PS
Active28 days on market$369,000
MLS# 25484932500 81st Avenue Se #329
Mercer Island, WA 98040
1 bd1 baListing courtesy of RE/MAX Eastside Brokers, Inc.
Active27 days on market$750,000
MLS# 25475498114 W Mercer Way
Mercer Island, WA 98040
0 bd0 baListing courtesy of Redfin
Active6 days on market$7,980,000
MLS# 25451078279 W Mercer Way
Mercer Island, WA 98040
6 bd5.5 ba6,670 sqftListing courtesy of MY International Real Estate
ActiveNew today$2,800,000
MLS# 25459183225 W Mercer Way
Mercer Island, WA 98040
4 bd3.5 ba3,320 sqftListing courtesy of Whisper Real Estate
Active9 days on market$1,450,000
MLS# 25436948808 Se 54th Se
Mercer Island, WA 98040
3 bd2.5 ba1,800 sqftListing courtesy of Homes & Equity Real Estate Grp
Active1 day on market$2,599,000
MLS# 25444984232 Shoreclub Drive
Mercer Island, WA 98040
4 bd2.25 ba3,770 sqftListing courtesy of Coldwell Banker Bain
Active6 days on market$1,895,000
MLS# 25367635021 E Mercer Way
Mercer Island, WA 98040
4 bd3 ba3,234 sqftListing courtesy of Windermere Mercer Island
Active1 day on market$4,250,000
MLS# 25443757712 89th Place Se
Mercer Island, WA 98040
5 bd3.5 ba4,330 sqftListing courtesy of Engel & Voelkers Mercer Island
Active15 days on market$1,850,000
MLS# 25451649412 Se 33rd Street
Mercer Island, WA 98040
0 bd0 baListing courtesy of Wilson Realty Exchange, Inc.
Active15 days on market$1,850,000
MLS# 25417649412 Se 33rd Street
Mercer Island, WA 98040
3 bd1.5 ba910 sqftListing courtesy of Wilson Realty Exchange, Inc.
Active5 days on market$2,199,000
MLS# 25433334336 E Mercer Way
Mercer Island, WA 98040
4 bd2.5 ba2,690 sqftListing courtesy of Windermere Mercer Island
Active6 days on market$8,495,000
MLS# 25436934102 100th Avenue Se
Mercer Island, WA 98040
5 bd4.25 ba5,535 sqftListing courtesy of Windermere Real Estate/East
ActiveNew today$3,495,000
MLS# 25419269950 Se 39th Street
Mercer Island, WA 98040
4 bd3.75 ba4,032 sqftListing courtesy of John L. Scott, Inc.
Active8 days on market$1,950,000
MLS# 25428569210 Parkwood Ridge Road
Mercer Island, WA 98040
3 bd2.5 ba2,570 sqftListing courtesy of Coldwell Banker Bain
Active2 days on market$2,750,000
MLS# 25427497432 E Mercer Wy
Mercer Island, WA 98040
4 bd3.5 ba4,010 sqftListing courtesy of Skyline Properties, Inc.
Active6 days on market$4,399,995
MLS# 25430964024 85th Avenue Se
Mercer Island, WA 98040
5 bd4.25 ba4,474 sqftListing courtesy of COMPASS
ActiveNew today$2,195,000
MLS# 25417837235 87th Avenue Se
Mercer Island, WA 98040
4 bd2.75 ba2,970 sqftListing courtesy of Redfin
Active21 days on market$1,280,000
MLS# 25413727639 Se 29th Street
Mercer Island, WA 98040
3 bd2.25 ba3,132 sqftListing courtesy of COMPASS
Active7 days on market$3,850,000
MLS# 25404464889 Forest Avenue Se
Mercer Island, WA 98040
5 bd3.25 ba4,910 sqftListing courtesy of COMPASS
Active4 days on market$7,988,800
MLS# 25402866922 96th Avenue Se
Mercer Island, WA 98040
5 bd3.75 ba4,812 sqftListing courtesy of 360 Pacific
Active5 days on market$3,799,000
MLS# 25361383745 88th Avenue Se
Mercer Island, WA 98040
5 bd4.5 ba4,819 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active17 days on market$19,500,000
MLS# 25371136333 77th Avenue Se
Mercer Island, WA 98040
5 bd5.75 ba7,858 sqftListing courtesy of Coldwell Banker Bain
Active53 days on market$449,950
MLS# 25359942500 81st Avenue Se #351
Mercer Island, WA 98040
2 bd1.5 baListing courtesy of Coldwell Banker Bain
Active6 days on market$1,525,000
MLS# 25253499712 Se 41st
Mercer Island, WA 98040
3 bd1.75 ba1,410 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active5 days on market$9,950,000
MLS# 2531459Address withheld
Mercer Island, WA 98040
5 bd3.75 ba5,410 sqftListing courtesy of eXp Realty
Active62 days on market$11,988,000
MLS# 25205154014 E Mercer Way
Mercer Island, WA 98040
4 bd3.5 ba4,540 sqftListing courtesy of John L. Scott, Inc
Active2 days on market$3,700,000
MLS# 25292295425 96th Avenue Se
Mercer Island, WA 98040
5 bd3.25 ba4,220 sqftListing courtesy of eXp Realty
Active14 days on market$1,685,000
MLS# 25231385709 80th Avenue Se
Mercer Island, WA 98040
3 bd2 ba1,460 sqftListing courtesy of Windermere Mercer Island
Active4 days on market$5,895,000
MLS# 25257509818 Se 42nd Place
Mercer Island, WA 98040
6 bd4.5 ba6,005 sqftListing courtesy of Windermere Real Estate Midtown
Active16 days on market$13,995,000
MLS# 25221844041 W Mercer Way
Mercer Island, WA 98040
4 bd4.25 ba4,540 sqftListing courtesy of COMPASS
Active6 days on market$7,999,880
MLS# 252207018 Holly Lane
Mercer Island, WA 98040
6 bd4 ba5,163 sqftListing courtesy of Windermere Real Estate/East
Active6 days on market$2,598,000
MLS# 25170536771 81st Avenue Se
Mercer Island, WA 98040
4 bd3.25 ba3,810 sqftListing courtesy of Redfin
Active20 days on market$3,250,000
MLS# 25139654525 90th Avenue Se
Mercer Island, WA 98040
5 bd4.5 ba3,787 sqftListing courtesy of Windermere Real Estate/East
Active2 days on market$3,480,000
MLS# 25109488144 W Mercer Way
Mercer Island, WA 98040
4 bd4.25 ba4,362 sqftListing courtesy of We Lakeside
Active7 days on market$3,698,000
MLS# 25166345222 Forest Avenue Se
Mercer Island, WA 98040
5 bd4.25 ba3,851 sqftListing courtesy of Real Residential
Active8 days on market$2,998,000
MLS# 25148143645 92nd Avenue Se
Mercer Island, WA 98040
5 bd3.5 ba4,477 sqftListing courtesy of Windermere Real Estate/East
Active12 days on market$2,175,000
MLS# 25134856418 E Mercer Way
Mercer Island, WA 98040
4 bd3.25 ba2,690 sqftListing courtesy of John L. Scott, Inc.
Active20 days on market$9,100,000
MLS# 25093043840 E Mercer Way
Mercer Island, WA 98040
5 bd4 ba6,117 sqftListing courtesy of COMPASS
Active15 days on market$610,000
MLS# 25024617600 Se 29th St #311
Mercer Island, WA 98040
2 bd2 baListing courtesy of Real Broker LLC
Active28 days on market$295,000
MLS# 25075152939 76th Avenue Se #41b
Mercer Island, WA 98040
0 bd1 baListing courtesy of John L. Scott, Inc.
Active17 days on market$19,500,000
MLS# 25028335330 Butterworth Road
Mercer Island, WA 98040
5 bd4.75 ba7,840 sqftListing courtesy of Windermere Real Estate/East
Active30 days on market$550,000
MLS# 25024247930 Se 34th Street #513
Mercer Island, WA 98040
2 bd1.75 baListing courtesy of Redfin
Active6 days on market$4,950,000
MLS# 24989352212 77th Avenue Se
Mercer Island, WA 98040
5 bd5.25 ba5,200 sqftListing courtesy of Windermere Mercer Island
Active63 days on market$599,950
MLS# 25018722930 76th Avenue Se #a-203
Mercer Island, WA 98040
2 bd1.75 baListing courtesy of eXp Realty
Active111 days on market$24,000,000
MLS# 24985148233 W Mercer Way
Mercer Island, WA 98040
6 bd5.5 ba10,030 sqftListing courtesy of Windermere Real Estate/East
Active8 days on market$399,950
MLS# 24807922500 81st Avenue Se #118
Mercer Island, WA 98040
2 bd1 baListing courtesy of Realogics Sotheby's Int'l Rlty
Active44 days on market$825,000
MLS# 248827473 Xx Se 38th Street
Mercer Island, WA 98040
0 bd0 baListing courtesy of Windermere RE/Capitol Hill,Inc
Active13 days on market$1,875,000
MLS# 24812118526 E Mercer Way
Mercer Island, WA 98040
3 bd1.5 ba1,986 sqftListing courtesy of John L. Scott, Inc.
Active5 days on market$3,575,000
MLS# 24791157580 Se 71st Street
Mercer Island, WA 98040
5 bd2.25 ba3,610 sqftListing courtesy of Coldwell Banker Bain
Active71 days on market$12,000,000
MLS# 24783348025 W Mercer Way
Mercer Island, WA 98040
5 bd1.75 ba3,140 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active218 days on market$6,800,000
MLS# 24492207220 North Mercer Way
Mercer Island, WA 98040
7 bd8 baListing courtesy of Wonderland Real Estate
Active44 days on market$6,800,000
MLS# 24491527220 N Mercer Way
Mercer Island, WA 98040
0 bd0 baListing courtesy of Wonderland Real Estate
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.