4045 W Mercer Way, Mercer Island, WA 98040
FOR SALE0.28 ACRES
Listed by Tere Foster, COMPASS, (425) 242-6440

4045 W Mercer Way
Mercer Island, WA 98040

      $7,250,000

      Est. Mortgage $43,276/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      Rare waterfront opportunity on Mercer Island’s Gold Coast. 100 ft of west-facing waterfront + private dock. Ready to build w/permitted plans. A modern home w/fabulous design from McClellan Architects who curated the residence to be filled w/sweeping lake, city & Seward Park views, while offering multiple outdoor living areas for enjoying the indoor/outdoor lifestyle we love in the PNW. Designed as a home for gathering & modern everyday living shy 5,000 sq ft of luxe finishes & a thoughtful floor plan including 5 bedrooms + office—oriented to the view. Start tomorrow & build the finishes out to your desired specifications. 3-car garage. Fabulous location just minutes to town & commutes in all directions-Your waterfront dream home awaits!

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      53 days ago
      Last check for updates: about 13 hours ago
      Listing courtesy of Tere Foster
      COMPASS
      Moya Skillman
      COMPASS
      Source: NWMLS, MLS#2206336

      Home Details for 4045 W Mercer Way

      Active Status

      MLS Status: Active

      Interior Features

      Appliances & Utilities
      Utilities: Natural Gas Available, Electricity Available
      Heating & Cooling
      No CoolingNo Heating
      Fireplace & Spa
      No Fireplace
      Gas & Electric
      Electric: In StreetGas: In StreetNo Electric on Property
      View
      Has a ViewView: City, Lake, Mountain(s), Territorial

      Exterior Features

      Parking & Garage
      No Carport
      Frontage
      WaterfrontWaterfront: Bank-Low, LakeRoad Frontage: EasementResponsible for Road Maintenance: Private Maintained Road, Recorded Maint. Agrm, Road Maintenance AgreementRoad Surface Type: PavedOn Waterfront
      Water & Sewer
      Sewer: Available, In Street
      Farm & Range
      Frontage Length: Waterfront Ft: 100Does Not Include Irrigation Water Rights
      Surface & Elevation
      Topography: Level, SlopedElevation Units: Feet

      Days on Market

      Days on Market: 53

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved LandStructure Type: UnspecifiedArchitecture: Unspecified
      Property Information
      Usage of Home: ResidentialParcel Number: 3623500395

      Price & Status

      Price
      List Price: $7,250,000
      Status Change & Dates
      Possession Timing: Close Of Escrow

      Location

      Direction & Address
      City: Mercer IslandCommunity: West Mercer
      School Information
      Elementary School: Buyer To VerifyJr High / Middle School: Islander MidHigh School: Mercer Isl HighHigh School District: Mercer Island

      Agent Information

      Listing Agent
      Listing ID: 2206336

      Community

      Not Senior Community

      HOA

      HOA Fee: No HOA Fee

      Lot Information

      Lot Area: 0.28 acres

      Listing Info

      Special Conditions: Standard

      Offer

      Listing Terms: Cash Out, Conventional

      Compensation

      Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 2206336Offer Review: Seller intends to review offers upon receiptWater ViewWater View: Lake

      Additional Information

      Mlg Can ViewMlg Can Use: IDX, VOW, BO

      Price History for 4045 W Mercer Way

      DatePriceEventSource
      03/04/2024$7,250,000Listed For SaleNWMLS #2206336
      01/07/2021$4,300,000Sold
      NWMLS #1686117
      11/16/2020$4,500,000PendingAgent Provided
      11/05/2020$4,500,000Listed For SaleAgent Provided
      05/30/2015$2,475,000ListingRemovedAgent Provided
      01/03/2015$2,475,000Listed For SaleAgent Provided
      07/29/2010$600,000Sold
      N/A
      06/09/2010$899,900Listed For SaleAgent Provided
      05/18/2009$1,600,000Sold
      N/A
      06/22/2004$525,000Sold
      N/A

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      Property Taxes and Assessment

      Year2023
      Tax$20,610
      Assessment$2,993,000
      Home facts updated by county records

      Comparable Sales for 4045 W Mercer Way

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      1.08
      Lot/Land
      $1,525,000
      06/15/23
      -
      -
      1.06
      Lot/Land
      $1,145,907
      08/31/23
      -
      -
      2.18
      Lot/Land
      $800,000
      08/07/23
      -
      -
      2.56
      Lot/Land
      $1,637,000
      01/23/24
      -
      -
      2.65
      Lot/Land
      $1,500,000
      10/04/23
      -
      -
      2.37
      Lot/Land
      $335,000
      01/18/24
      -
      -
      2.41
      Lot/Land
      $175,000
      09/05/23
      -
      -
      2.78
      Lot/Land
      $300,000
      07/11/23
      -
      -
      2.66
      Lot/Land
      $200,000
      01/19/24
      -
      -

      What Locals Say about Mercer Island

      • Trulia User
        "ten years in Mercer Island, very well loved town. No big box stores. Alot of pet and coffee lovers here. Excellent schools and community"
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      • Trulia User
        "Great sleepy town. #1 schools in WA. lovely people. small town center. central location for Seattle, Eastside, airport. "
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      • Carbia5
        "This is a safe, quiet and beautiful city. Great location as it’s 5 miles away from downtown and 5 miles away from Bellevue "
        4
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      • Kristen H.
        "It’s like a small town in the middle of the city. Quiet, leafy, parks, lake. Good schools. No traffic. "
        3
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      • Amanda
        "Farmers Market every Sunday for months June through October. Best Seller book signings and speaking events at the Mercer Island Book Store. Craft fairs and July 4 celebrations."
        3
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      • Halicenderby
        "The commute is easy during non rush-hour times. The island is conveniently on proximity to the city and the Eastside. Well connected with major highways. "
        2
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      • Sai.housesearch
        "I love to live in mercer island. Accessiblility is good. Safe to live.schools are good. Friendly neighbourhood "
        2
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      • M J.
        "Excellent public transit to Seattle and the Eastside. Excellent bike trails and pathways for bicycle commuting."
        1
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      • Lilibeth Z.
        "I wish all dog owners would pick up after their dogs. Bags are even made available for free. A doggie daycare at a reasonable price woukd be a nice thing to have in the neighborhood. I do like Mercy Vet, a holistic practice serving the area. "
        3
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      • Aparga_hans
        "Great neighborhood , wish we could stay here unfortunately not affordable at this moment Thank you "
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      • Pow S. M.
        "I love everything in Mercer island. My work, kids school and daycare has been great since we moved 2016. I would to continue to live here for a long time. "
        3
        Flag
      • Ashthmp
        "People are friendly unlike seattle proper. Very family friendly. Parks galore. Great vibe/atmosphere "
        1
        Flag
      • KH
        "I’ve lived here 2 years. Small town feel. But hard to get to know people. Everyone pretty much keeps to themselves. But it’s clean and safe. "
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      • Shinya.asami
        "Live music and theatre performance in the park during summer season, and many other local festivities throughout a year"
        1
        Flag
      • leemer
        "Great community to raise kids and spend time in parks and in our thriving Town Center. Hop on a bus or soon to be train and visit Bellevue or Seattle. "
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      • AJK
        "Easy access to Interstate. Soon a train to the airport . Bus connection is decent. Nice park and ride. Downtown has all what you need. Great parks for walking, including water access. "
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      • Shawn
        "Poop left behind sometimes. Otherwise pretty friendly for dogs. Has a dog park called luther burbank"
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      • knakano1
        "Schools are excellent and support for the arts is fantastic. There is widespread support for these among the community"
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      • Bjyinyan
        "Quiet peace community, well educated neighbors, people care about public benefit. Excellent school district. Near and far from the cities."
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      • Laura B.
        "Luther Burbank Park has a wonderful off leash area with a beach. There is also a special fenced in area for small or nervous dogs."
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      LGBTQ Local Legal Protections

      Tere Foster, COMPASS
      Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
      4045 W Mercer Way, Mercer Island, WA 98040 is a lot/land. This property is currently available for sale and was listed by NWMLS on Mar 4, 2024. The MLS # for this home is MLS# 2206336.