7240 N Mercer Way
Mercer Island, WA 98040
3 Beds
2 Baths
2,970 sqft (on 0.32 acres)
3 Beds
2 Baths
2,970 sqft
(on 0.32 acres)
Homes for sale near 7240 N Mercer Way
0.57 ACRESNWMLS as distributed by MLS GRID, Active- 0.25 ACRESNWMLS as distributed by MLS GRID, Active
- 0.38 ACRESNWMLS as distributed by MLS GRID, Active
- 0.36 ACRESNWMLS as distributed by MLS GRID, Active
- NWMLS as distributed by MLS GRID, Active
- NWMLS as distributed by MLS GRID, Active
See more homes for sale inMercer Island
Apartments for Rent
- FURNISHEDTotal price$1,440 - $3,825/moStudio-2 bd1-2 baGrand Street Commons | 1765 22nd Ave S #E340,
Seattle, WA 98144 - PET FRIENDLY
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- PET FRIENDLYTotal price$2,214 - $3,937/moStudio-2 bd1-2 baAMLI Bellevue Park | 10001 NE 1st St #W304,
Bellevue, WA 98004 - PET FRIENDLYFURNISHED
- NEW - 2 DAYS AGOPET FRIENDLYFURNISHED
- NEW - 1 DAY AGOPET FRIENDLYTotal price$2,047 - $5,721/moStudio-2 bd1-2 baBroadstone Savoie | 35 112th Ave NE #815,
Bellevue, WA 98004 - Total price$1,600 - $3,141/moStudio-2 bd1-2 baState Street | 1700 21st Ave S #713,
Seattle, WA 98144 - PET FRIENDLY$1,900 - $3,525/moStudio-2 bd1-2 baThe Mercer Apartment Homes | 7650 SE 27th St #421,
Mercer Island, WA 98040 - PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLYTotal price$1,919 - $2,748/moStudio-1 bd1 ba77 Central | 2630 77th Ave SE #B246,
Mercer Island, WA 98040 - PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY
See more homes for rent inMercer Island
Local Information
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Description
Rare street-to-water property! 80 feet of prime Lake Washington waterfront on the north end of Island w/ glorious views North & East, including Cascade Mtns., Bellevue skyline, & the picturesque meandering shorelines of Medina, Bellevue & North End of Mercer Is. Just 10 min to Seattle w/ easy freeway access! EXTREMELY LARGE covered moorage. Ample parking. Outstanding spacious home ripe for remodeling opportunity. 2 lots ideal for investment/development. 2ndtax# - 531510-0046
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 7240 N Mercer Way
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1956Year Updated: 2022 |
Property Type / Style Property Type: Lot Land |
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Parking & Garage GarageParking: Garage Attached |
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Units in Building: 1 |
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Lot Area: 0.32 acres |
Price History for 7240 N Mercer Way
| Date | Price | Event | Source |
|---|---|---|---|
| 02/22/2011 | $3,000,000 | Sold | NWMLS as distributed by MLS GRID #111148 |
| 08/21/2010 | $3,595,000 | ListingRemoved | Agent Provided |
| 08/03/2010 | $3,595,000 | PriceChange | Agent Provided |
| 04/09/2010 | $3,795,000 | PriceChange | Agent Provided |
| 10/21/2009 | $3,995,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $67,551 |
| Assessment | $10,320,000 |
Home facts updated by county records
Comparable Sales for 7240 N Mercer Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.38 | Lot/Land | $1,000,000 | 10/08/25 | 3 | - | 1,760 | |
2.61 | Lot/Land | $575,000 | 05/15/25 | - | 430 | ||
4.62 | Lot/Land | $5,125,000 | 02/27/26 | 2 | - | 1,290 |
Home facts updated by county records
Assigned Schools
These are the assigned schools for 7240 N Mercer Way.
- Mercer Island High School
- 9-12
- Public
- 1524 Students
10/10GreatSchools RatingParent Rating AverageWe have had a wonderful experience with Mercer Island High School. One of our daughters has already graduated, and our younger daughter is set to graduate this year. Both have been accepted into outstanding colleges, and we couldn’t be happier with the education and support they received at MIHS.Our older daughter was exceptionally well-prepared for college, making the transition smooth, while our younger daughter gained admission to a highly competitive school—something we attribute in part to MIHS’s strong reputation. One was deeply involved in theatre, and the other excelled in sports, both benefiting from outstanding programs that enriched their high school experience.Beyond academics and extracurriculars, the Mercer Island parent community has been incredibly supportive. We’ve had the pleasure of meeting families who care deeply about their children’s education and the school as a whole. Our time at MIHS has been nothing short of exceptional, and we are truly grateful.Parent Review1y ago - Islander Middle School
- 6-8
- Public
- 930 Students
8/10GreatSchools RatingParent Rating Averagei am a current student in the highly capable program. it is not much different from being in regular classes, but it does move faster. i find that mojority of the time the teachers are flexable and can work with you to meet ur needs. also there is a 30 minute period at the end of the day called gator time wich is where you can get homwwork done. im also in band and it is one of my fav classes. the teachers are realy nice.Student Review1y ago - Northwood Elementary School
- PK-5
- Public
- 404 Students
10/10GreatSchools RatingParent Rating AverageWe have been so impressed with how Northwood has navigated all the changing policy over the past few years. The education is great with a lot of focus on individual differences. Wonderful teachers, faculty & parent community.Parent Review3y ago 
Check out schools near 7240 N Mercer Way.
What Locals Say about Mercer Island
At least 99 Trulia users voted on each feature.
93 % Say it's dog friendly
85 % Say parking is easy
83 % Say people would walk alone at night
83 % Say car is needed
74 % Say it's quiet
69 % Say it's walkable to grocery stores
69 % Say kids play outside
64 % Say they plan to stay for at least 5 years
62 % Say it's walkable to restaurants
61 % Say yards are well-kept
60 % Say there's holiday spirit
58 % Say there's wildlife
55 % Say neighbors are friendly
50 % Say there are sidewalks
43 % Say there are community events
39 % Say streets are well-lit
Learn more about our methodology.
LGBTQ Local Legal Protections
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Homes for rent near 7240 N Mercer Way
- NEW - 17 HRS AGO
- APPLY INSTANTLYPET FRIENDLYFURNISHED
- NEW - 19 HRS AGO
- APPLY INSTANTLYPET FRIENDLY
- NEW - 1 DAY AGOPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- NEW - 2 DAYS AGOPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY
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Off Market Homes Near 7240 N Mercer Way
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- SOLDMAY 8, 2026NWMLS as distributed by MLS GRID, Sold
- See more homes for sale inMercer Island
Explore by feature
SPECIAL OFFERPET FRIENDLYTotal price$1,919 - $2,748/moStudio-1 bd1 ba77 Central | 2630 77th Ave SE #B246,
Mercer Island, WA 98040
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY$1,900 - $3,525/moStudio-2 bd1-2 baThe Mercer Apartment Homes | 7650 SE 27th St #421,
Mercer Island, WA 98040
PET FRIENDLYFURNISHED
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLYTotal price$1,875 - $3,245/mo1-3 bd1-2 baShorewood | 3209 Shorewood Dr #35-166,
Mercer Island, WA 98040
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLYFURNISHED
NEW - 17 HRS AGOAPPLY INSTANTLYPET FRIENDLY
7240 N Mercer Way, Mercer Island, WA 98040 is a 3 bedroom, 2 bathroom, 2,970 sqft lot/land built in 1956. This property is not currently available for sale. 7240 N Mercer Way was last sold on Feb 22, 2011 for $3,000,000.