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$5,500,000
Listing Price4beds
5baths
4,450sqft
23,591sqft lot
4802 E 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
Where Legacy Meets Waterfront LivingnnNestled along coveted East Mercer Way, this east-facing waterfront estate offers more than 100 feet of private shoreline with panoramic views of Lake Washington and Mount Rainier. Designed as a custom home with timeless architectural detail and strong bones, the residence presents a rare opportunity: move in and refresh, embark on a luxury remodel, or explore redevelopment potential.nnThe property includes two primary suites, flexible living areas, and a back wing ideal for a MIL apartment or private quarters with kitchen and baths. A three-car garage with EV charging station, extensive storage, and generous ceiling details reflect the thoughtful design throughout. The gentle slope to the home, calm waters at this end of the island, and quick access north or south along East Mercer Way combine to make the setting both serene and convenient.nWaterfront amenities are exceptional. Ownership conveys 75% of the shared community dock, serving just five homes. This includes two slips on the front and south side, moorage for a 40-foot deep-keel sailboat, an electric lift for an 8,000 pound motorboat, and a 5,300 pound floatplane lift. An auxiliary structure between the subject property and its neighbor provides additional shared storage space.nnAdding to its distinction, the home is part of Mercer Islands historic Appleton community the site of the islands first settler in 1885. This heritage lends a sense of permanence and legacy, offering the n
Interior Details
4450
4
5
Has Heating:
Yes
Heating Type:
Heat Pump
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
Full, Daylight
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
23591
Yes
Yes
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
4
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
$31,590
$2,997,000
$850,000
--%
$3,847,000
2020
$31,590
$2,931,000
$1,069,000
--%
$4,000,000
2019
$30,863
$2,991,000
$1,117,000
--%
$4,108,000
2018
$34,392
$2,876,000
$1,089,000
--%
$3,965,000
2017
$30,017
$2,629,000
$1,060,000
--%
$3,689,000
2015
$26,900
$2,200,000
$876,000
--%
$3,076,000
2014
$26,745
$2,346,000
$582,000
--%
$2,928,000
2012
$30,983
$2,163,000
$1,090,000
--%
$3,253,000
Average Home Price in 98040
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