$6,500,000

4802 E Mercer Way Mercer Island, WA 98040

4 beds
4 full, 1 partial
4,450 sqft
0.5 acres
$1,461 / sqft
House

Property details

About 4802 E Mercer Way

Introducing an exceptional waterfront residence with breathtaking views of Mount Rainier, perfectly framed by meticulously landscaped grounds. This remarkable home spans 4,450 square feet, offering four generously-sized bedrooms and four and a half bathrooms. The expansive open-concept kitchen seamlessly flows into a welcoming family room, ideal for both relaxation and entertaining. Boasting 100 feet of pristine private waterfront, this property is a true sanctuary. The custom dock features a mooring slip designed for a 40-foot deep keel sailboat, along with an electric boat lift capable of accommodating an 8,000-pound motorboat and a 5,300-pound floatplane lift. Experience unparalleled coastal living in this one-of-a-kind home.

Highlights

HeatingForced Air
StatusActive
CoolingCentral Air
Size4,450 sqft
BasementYes
Lot size0.5416 Acres
Year built1980
ParkingAttached Garage
MLS #2339159
Attached garage3 spaces
WaterfrontLake Front
FireplaceGas
ViewLake

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Disposal
  • Basement: Yes
  • Flooring Type: Hardwood, Carpet
  • Interior: Built-In Vacuum, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hardwood, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Wall to Wall Carpet
  • Fireplace: Gas
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Cement/Concrete, Wood
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $6,500,000
  • Price/SqFt: $1,460
  • Annual Tax Amount: $35,744
  • Tax Year: 2022
  • Lot: Dead End Street
  • Directions: I-90 to exit 8, East Mercer Way, follow East Mercer Way to Appleton Lane or 4800 block and turn left. Drive to the dead end.
  • Year Built: 1980
  • Living Area: 4,450 SqFt
  • Lot Size: 0.5416 Acres
  • MLS Number: 2339159
  • MLS Name: NWMLS
  • Office Name: Kelly Right RE of Seattle LLC
  • Office Phone: (206) 525-5235
  • Listing Agent: Chengliang Wang

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 2:47:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Price information

Property sales

DateEventPrice
Nov 04, 2016
Home Sold
$3,500,000
May 03, 1988
Home Sold
$1,075,000

Tax history

YearAssessmentProperty Tax
2022$5,829,000$35,744
2021$4,357,000$32,079
2020$3,847,000$30,788
2018$4,108,000$30,863
2017$3,965,000$34,392

History based on county public records data.

Nearby schools

9

Island Park Elementary School

Public District KG-5

0.7 mi

5437 Island Crest Way

9

Northwood Elementary School

Public District PK-5

1.2 mi

4030 86th Ave SE

9

West Mercer Elementary School

Public District KG-5

1.3 mi

4141 81st Ave SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $153,728. The majority of Mercer Island, WA residents have income between $100k-200k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

1%
<35k
22%
35k-100k
41%
100k-200k
36%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

19%
Single, No Kids
6%
Single, with Kids
40%
Married, No Kids
35%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
12%
12-17 yrs old
9%
18-34 yrs old
47%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AcuraAcura

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4802 E Mercer Way

The listing price of 4802 E Mercer Way property is $6,500,000.

The property 4802 E Mercer Way is a house located in Mercer Island, Washington, 98040.

Active Listing: 4802 E Mercer Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4802 E Mercer Way are: Island Park Elementary School (GreatSchools Rating 9/10), Northwood Elementary School (GreatSchools Rating 9/10), West Mercer Elementary School (GreatSchools Rating 9/10), Ridson Middle School (GreatSchools Rating 4/10), Islander Middle School (GreatSchools Rating 9/10), Tyee Middle School (GreatSchools Rating 9/10), Mercer Island High School (GreatSchools Rating 10/10), Newport High School (GreatSchools Rating 10/10), Bellevue High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2022 is $35,744 (source: MLS/based on county public records data).

The last sale was on November 4, 2016 for $3,500,000 (source: MLS/tax record).

The property at 4802 E Mercer Way has 4 bedrooms and 4 full and 1 half bathrooms.

The property 4802 E Mercer Way is 4,450 SqFt (source: MLS/tax record).

The year of construction for 4802 E Mercer Way is 1980.

This home is located at 4802 E Mercer Way in Mercer Island, WA and zip code 98040 in the Appleton neighborhood. This 4,450 square foot home, which was built in 1980, sits on a 0.54 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $6,500,000.

Over 11 listings were sold over their listed price in April 2025 in Mercer Island, WA. In the same period over 7 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Mercer Island, WA increased by 48.5% between March and April 2025. Listings spent 6 days on the market in April 2025, and had a median list price of $2,372,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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