7425 E Mercer Way Mercer Island, WA 98040

$2,770,500
6 beds
1 full, 1 partial
3,590 sqft
0.5 acres
$772 / sqft
House

Property details

About 7425 E Mercer Way

One of the original homestead properties of the island in beautiful setting with water views. Many potential options for customizing, starting over or possible development of the 21,000sf + lot. This home has architectural features of the mid century with exposed beam ceilings, large floor to ceiling windows and slate entry. Effective year built is 1954. Periodic renovations and updates since original construction in 1941. Additional dwelling (DADU) is freshly renovated-- a studs out beauty. Site improvements have been made and system updates in main home with new furnace, new appliances, updated bath and more. Plenty of bedrooms for work at home and guests. Fabulous layout for entertaining inside and out. Call your Broker for a showing!

Highlights

HeatingForced Air
StatusActive
Size3,590 sqft
Lot size0.4876 Acres
Year built1941
ParkingDriveway, Off Street
MLS #2326054
FireplaceWood Burning
ViewLake

Summary

  • MLS Number: 2326054
  • MLS Name: NWMLS
  • Office Name: Lake & Company
  • Office Phone: (206) 527-1777
  • Listing Agent: Debbie Jefferson

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: 2/12/2025, 10:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$2,770,500

7425 E Mercer Way

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Price information

Property sales

DateEventPrice
Jan 19, 2021
Home Sold
$1,600,000

Tax history

YearAssessmentProperty Tax
2022$1,896,000$11,639
2021$1,417,000$10,444
2020$1,305,000$10,455
2018$1,396,000$10,498
2017$1,260,000$10,938

History based on county public records data.

Nearby schools

9

Lakeridge Elementary School

Public District KG-5

0.8 mi

8215 SE 78th St

9

Island Park Elementary School

Public District KG-5

1.3 mi

5437 Island Crest Way

8

Hazelwood Elementary School

Public District KG-5

1.4 mi

7100 116th 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 $197,074. Residents of Mercer Island, WA typically earn $200k+ each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

3%
<35k
19%
35k-100k
29%
100k-200k
49%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

12%
Single, No Kids
2%
Single, with Kids
44%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
9%
18-34 yrs old
47%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

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

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Frequently asked questions

About 7425 E Mercer Way

This home is located at 7425 E Mercer Way in Mercer Island, WA and zip code 98040 in the Tarywood neighborhood. This 3,590 square foot home, which was built in 1941, sits on a 0.49 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $2,770,500.

In January 2025, from all listings sold in Mercer Island, WA there were more than 1 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of listings in Mercer Island, WA increased by 12.5% between December and January 2025. While the average time on the market in January 2025 was 71 days, the median list price was $2,325,000.

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

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