Listed by Diane Tien, Realogics Sotheby's Int'l Rlty
- 5
- Bedrooms
- 2
- Bathrooms
- 5,100
- Square feet
- $2,353
- Per sq ft
- Single Family Residence
- Type
- 1947
- Year built
- 33,742 sq ft
- Lot
- 152
- Days on market
About this property
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 water’s 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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2478334
- Listed
- February 11, 2026
- Days on market
- 152
- Price per sq ft
- $2,353
Unit & building
- Building
- Hillmans CD Seashore Lakefront
- Unit levels
- Two
Parking
- Parking
- Detached CarportDetached GarageNone
- Covered spaces
- 3
- Total spaces
- 4
Views
- View
- LakeMountains
Construction
- Year built
- 1947
- Style
- 18 - 2 Stories w/Bsmnt
- Structure
- House
- Roof
- Metal
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- ElectricOil
Interior features
- Features
- Dbl Pane/Storm WindowDining RoomFireplaceLoftSkylight(s)Walk-In Closet(s)Water HeaterWine/Beverage RefrigeratorWired for Generator
- Fireplaces
- 2
- Fireplace type
- Wood Burning
Flooring
- Flooring
- StoneCarpet
Appliances
- Appliances
- DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
Lot
- Lot features
- Dead End StreetPavedSecludedValue In Land
- Lot size
- 33,742 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- AssumableCash
Utilities
- Water
- Mercer Island
- Sewer
- Mercer Island
- Power
- Puget Sound Energy
Schools
- District
- Mercer Island
- Elementary
- Lakeridge Elem
- Middle
- Islander Mid
- High
- Mercer Isl High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Two
- Detached Carport
- Detached Garage
- None
- Lake
- Mountains
- House
- Metal
- Forced Air
- Electric
- Oil
- Dbl Pane/Storm Window
Listing history
Listed
$12,000,000
February 11, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$69,879
- Principal & interest
- $60,679
- Property tax (est.)
- $9,200
Assumes $2,400,000 down (20%), a $9,600,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 AM PDT. 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.