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JRJeff ReynoldsCompass · Seattle

Listed by Julie Wilson, Windermere Mercer Island

3
Bedrooms
4
Bathrooms
4,110
Square feet
$1,326
Per sq ft
Single Family Residence
Type
1958
Year built
20,597 sq ft
Lot
32
Days on market

About this property

There is still time to spend your summer playing on sparkling Lake Washington! With a tempting new price, opportunity beckons you to seize this rare chance to own a west-facing waterfront estate on Mercer Island's premier Gold Coast. Its exceptional street-to-water lot encompasses nearly half an acre edged by 53 feet of prized western shoreline. You’ll savor front row views across the lake to the Seattle skyline and Seward Park, arguably among the most breathtaking vistas on the Island. Fully rebuilt in 2017, the massive, covered dock is a boater's dream complete with two boat lifts—one ready to accommodate a vessel up to 50,000 pounds. A grandfathered boathouse at the water's edge is a true rarity that can no longer be replicated under today's shoreline regulations. After a day making memories out on the lake, colorful sunsets carry you home to your waterside lawn and beautifully terraced walkway leading up to even more views from the house. The main residence plus a separate apartment above are offered as a blank canvas ready for your vision…whether that's a thoughtful renovation of the original mid-century design, or a ground-up rebuild to fully capture this irreplaceable setting. Add your signature style and create a new legacy to be loved for generations to come. Waterfront aficionados will recognize this extraordinary, diamond in the rough prospect to secure incredible views, coveted waterfront, and a boater's dock that simply can't be recreated.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2551386
Listed
July 8, 2026
Days on market
32 (includes a prior listing period)
Price per sq ft
$1,326

Unit & building

Building
Flood-Dearborn Add
Unit levels
Two

Parking

Parking
Attached CarportDrivewayOff Street
Covered spaces
4
Total spaces
4

Views

View
CityLakeMountainsTerritorial

Construction

Year built
1958
Style
18 - 2 Stories w/Bsmnt
Structure
House
Roof
See RemarksTorch Down

Heating & cooling

Heating
BaseboardDuctlessRadiant
Cooling
Ductless
Energy source
ElectricNatural Gas

Interior features

Features
Dbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)Jetted TubSecurity SystemSprinkler SystemVaulted Ceiling(s)Walk-In Closet(s)Water HeaterWine CellarWired for Generator
Fireplaces
3
Fireplace type
GasWood Burning

Flooring

Flooring
Ceramic TileVinyl PlankCarpet

Appliances

Appliances
DishwasherDisposalDouble OvenDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Dead End StreetPaved
Lot size
20,597 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Water
City of Mercer Island
Sewer
City of Mercer Island
Power
Puget Sound Energy

Schools

District
Mercer Island
Elementary
Buyer To Verify
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
  • Attached Carport
  • Driveway
  • Off Street
  • City
  • Lake
  • Mountains
  • Territorial
  • House
  • See Remarks
  • Torch Down
  • Baseboard

Listing history

  1. Listed

    $5,450,000

    July 8, 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

$31,736

Principal & interest
$27,558
Property tax (est.)
$4,178

Assumes $1,090,000 down (20%), a $4,360,000 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.

Similar nearby listings

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.