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$12,000,000

Listing Price

3beds

2.25baths

3,140sqft

18,102sqft lot

8025 W Mercer Way, Mercer Island, WA 98040

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

1232.89

Price / sqft

1947

Year built

Home Details

only 10 possible out of 800 waterfront offerings - that is how rare this offering is. Sylvan Reach combines two parcels, two waterfronts in a once-in-a-generation waterfront holding on southwest Mercer Island encompassing 200 feet of southwest-facing Lake Washington shoreline across over 3/4 acre from street to water, featuring three docks, two homes, and a log cabin. This extraordinary two-parcel offering delivers rare scale, privacy, and long-term potential. The low-to-mid bank waterfront includes a 65-foot deep-water yacht moorage, a swimming dock, and a 30-foot boat dock. Set among evergreens and frequented by eagles, the land unfolds from elevated outlooks with views toward Mount Rainier down to the waters edge. Three existing structures-each positioned for privacy and separation-offer immediate use while preserving flexibility for a future legacy vision. Whether reimagined as a singular estate or thoughtfully divided into two substantial homes, the site invites a buyer with patience, creativity, and a long horizon. Accessed by private driveways from both the north and south, the property offers rare seclusion without sacrificing proximity to town, parks, and transit. Enjoy one of the longest arcs of sun in Seattle. Survey and Feasibility for waterfront property available.

Interior Details

Square Feet
  • 3140

Bedrooms
  • 3

Bathrooms
  • 2.25

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 18102

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$17,130

$2,366,000

$130,000

--%

$2,496,000

2020

$17,130

$1,992,000

$176,000

--%

$2,168,000

2019

$15,949

$1,953,000

$169,000

--%

$2,122,000

2018

$17,770

$1,878,000

$170,000

--%

$2,048,000

2017

$15,011

$1,717,000

$127,000

--%

$1,844,000

2015

$13,456

$1,437,000

$101,000

--%

$1,538,000

2014

$14,947

$1,608,000

$28,000

--%

$1,636,000

2012

$15,996

$1,641,000

$37,000

--%

$1,678,000

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Average Home Price in 98040

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Bed

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Sold Date

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Sold 10/06/2026

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4 Beds

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4 Beds

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Sold 10/06/2026

$3,002,033

4 Beds

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Sold 10/06/2026

$2,364,333

5 Beds

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Sold 10/06/2026

$3,178,616

3 Beds

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Sold 09/29/2026

$2,668,474

4 Beds

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3,490 Sqft

9,477 Lot (sqft)

Sold 09/29/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
12,000,000
$
Down payment
2,400,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
72,000
$
HOA (Monthly)
0
$
PMI
0
$
$77,679
Your Payment
Total Monthly Payment:$77,679
Percent of Income:1332%
Affordable:No

Details for 8025 W MERCER WAY

Property Debt

Foreclosure Contact Details