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$7,714,133
Listing Price4beds
2baths
3,880sqft
28,009sqft lot
5265 W Mercer Way, Mercer Island, WA 98040
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
A rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28,000 square feet of private, forested grounds with 150 feet of shoreline, the property commands sweeping views of Seattles skyline, Seward Park, glowing sunsets, and the dynamic beauty of Lake Washington. The setting feels tranquil and secluded, yet remains moments from the heart of Mercer Island and within effortless reach of Seattle, Bellevue, Issaquah, and year round mountain recreation. A private dock supports an exceptional lakeside lifestyle with boating, swimming, paddleboarding, and long summer days on the water. The existing 3880 sq foot residence is rich in timeless character and presents an ideal candidate for a comprehensive gut renovation, preserving its soul while elevating it to modern luxury standards, or alternatively offers a compelling canvas for new construction that fully maximizes the premier west side waterfront setting. Located in one of Mercer Islands most coveted neighborhoods, this rare property benefits from top rated schools, a strong community, and enduring long term value through irreplaceable land and views.
Interior Details
3880
4
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Full, Daylight
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
28009
Yes
Yes
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
2
No
No
No
No
Yes
No
No
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$47,803
$6,092,000
$128,000
--%
$6,220,000
2020
$47,803
$5,796,000
$258,000
--%
$6,054,000
2019
$44,516
$5,683,000
$243,000
--%
$5,926,000
2018
$49,610
$5,465,000
$255,000
--%
$5,720,000
2017
$41,884
$4,996,000
$152,000
--%
$5,148,000
2015
$37,529
$4,180,000
$112,000
--%
$4,292,000
2014
$36,370
$3,914,000
$68,000
--%
$3,982,000
2012
$43,368
$3,994,000
$89,000
--%
$4,083,000
Average Home Price in 98040
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