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JRJeff ReynoldsCompass · Seattle

4889 Forest Avenue SE, Mercer Island, WA 98040

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Active

Listed by Kelly Weisfield, COMPASS

Active57 days on market

$3,650,000

$743 per sq ft

4889 Forest Avenue SE, Mercer Island, WA 98040

Mercer Island, WA, 98040

Beds
5
Baths
4
Sq ft
4,910
Built
1982
Parking
Attached Garage
HOA
$2,000 annually
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

5
Bedrooms
4
Bathrooms
4,910
Square feet
$743
Per sq ft
Single Family Residence
Type
1982
Year built
15,421 sq ft
Lot
57
Days on market

About this property

Coveted Westside Shared Waterfront! Enjoy the best of Mercer Island waterfront living with boat moorage, 100' of community beach, a new dock, boat lift, and beautifully refreshed beachfront grounds. Set in a sought-after mid-Island neighborhood, this updated home blends lake views, dramatic architecture, and exceptional spaces for gathering, entertaining, and everyday living. Soaring ceilings and walls of windows fill the open great room with natural light, flowing seamlessly to an expansive IPE deck overlooking the sport court and turf lawn. The gourmet kitchen anchors the home with high-end appliances and stylish updates, while a dedicated office, formal dining room, and lake-view living room provide space for every occasion. Upstairs, four bedrooms include a serene lake-view primary suite with a flexible bonus room, walk-in closets, and a luxurious 5-piece bath. A rooftop patio offers the perfect spot to unwind with sunset skies and sparkling water views. The lower level features a spacious rec room, wine cellar, and guest suite - ideal for hosting the crowd. Extensively updated with a new roof, windows, paint, automated blinds, A/C, and furnace. Oversized 3-car garage, storage shed, and bonus storage room. A rare opportunity to enjoy boating, beach days, and an exceptional Mercer Island lifestyle.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2568232
Listed
August 12, 2026
Days on market
57 (includes a prior listing period)
Price per sq ft
$743

Unit & building

Unit levels
Multi/Split

Homeowners association

HOA dues
$2,000 annually

Parking

Parking
Attached Garage
Covered spaces
3
Total spaces
3

Views

View
CityLakeMountainsTerritorial

Construction

Year built
1982
Style
15 - Multi Level
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirHigh Efficiency (Unspecified)
Cooling
Central AirForced Air
Energy source
Natural Gas

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)French DoorsHigh Tech CablingJetted TubLoftSecurity SystemSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Wine CellarWine/Beverage Refrigerator
Fireplaces
3
Fireplace type
GasWood Burning

Flooring

Flooring
Ceramic TileHardwoodSlateVinylCarpet

Appliances

Appliances
DishwasherDisposalDouble OvenDryerRefrigeratorStove(s)/Range(s)Trash CompactorWasher

Community & building features

Features
CCRs

Lot

Lot features
Dead End StreetPaved
Lot size
15,421 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Mercer Island
Sewer
City of Mercer Island
Power
PSE

Schools

District
Mercer Island
Elementary
Buyer To Verify
Middle
Islander Mid
High
Mercer Isl High

Listing history

  1. Listed

    $3,650,000

    August 12, 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

$21,421

Principal & interest
$18,456
Property tax (est.)
$2,798
HOA dues
$167

Assumes $730,000 down (20%), a $2,920,000 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 August 12, 2026 at 9:00 PM 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.