5438 East Mercer Way

Mercer Island, WA 98040

$5,980,000
Price
5
Beds
3.25
Baths
3,750 Sq. Ft.
$1,595 / Sq. Ft.
3,750
Sq. Ft.
$1,595
per Sq. Ft.

Description

Discover unparalleled lakeside living with this refreshed contemporary home, perfectly positioned on a sprawling 0.58-acre lot with 85 feet of low-bank lake frontage and a private dock. Every room in this 5-bedroom, 3.5-bathroom home offers breathtaking views of the serene lake, seamlessly blending modern design with nature's beauty. Wake up to panoramic views of Mt. Rainier and enjoy the tranquility of the water right at your doorstep. Every detail is designed to bring the outdoors in. Nestled in...Discover unparalleled lakeside living with this refreshed contemporary home, perfectly positioned on a sprawling 0.58-acre lot with 85 feet of low-bank lake frontage and a private dock. Every room in this 5-bedroom, 3.5-bathroom home offers breathtaking views of the serene lake, seamlessly blending modern design with nature's beauty. Wake up to panoramic views of Mt. Rainier and enjoy the tranquility of the water right at your doorstep. Every detail is designed to bring the outdoors in. Nestled in a community renowned for its excellent schools, this home is not just a residence but a lifestyle. A peaceful retreat ready to be enjoyed while offering incredible potential for expansion, to transform it into your forever home.
  1. Listed by Grace Yu • Realogics Sotheby's Int'l Rlty

Property Details for 5438 East Mercer Way

Community Name
East Mercer
School District
Mercer Island
View
Lake, Mountain(s), Territorial
Number of Assigned Spaces
3
Total Covered Parking
3
Entry Date
08-22-2024
Energy Source
Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 11/14/2024 02:42 PM

Property Details for 5438 East Mercer Way

StatusActive
MLS #2273930
Days on Market91
Cumulative Days on Market91
Taxes$30,792 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1960
Lot Size0.58 AC / 25,265 SF
CountyKing County

Virtual Tour

Building Information for 5438 East Mercer Way

Stories-Year Built1960Building Size-Lot Size0.58 AC / 25,265 SF

Property Information for 5438 East Mercer Way

Summary
Location and General Information
  • Style: 18 - 2 Stories w/Bsmnt
  • Building Information: Built On Lot
  • Site Features: Cable TV, Deck, Dock, Gas Available, High Speed Internet, Moorage, Patio, Sprinkler System
  • Area: 510 - Mercer Island
  • Elementary School: Island Park Elem
  • Middle Or Junior School: Islander Mid
  • High School: Mercer Isl High
  • Effective Year Built Source: Public Records
  • Directions: East on SE 53rd Place. Right on E Mercer Way. Left (at mailboxes)on Glenhome Rd. Left at first road (address rock)Last Home on the Left. Road opens up with space to turn around.
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: Yes
  • Entry Location: Main
  • Direction Faces: West
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Attached Garage: No
  • Number of Carport Spaces: 3.0
  • Carport: Yes
  • Parking Type: Carport-Detached
  • Open Parking: No
  • Parking Features: Detached Carport
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Full Baths Lower: 0
  • Full Baths Main: 0
  • Full Baths Upper: 2
  • Three Quarter Baths Lower: 1
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 1
Bedroom Information
  • Bedrooms Main: 0
  • Bedrooms Upper: 4
  • Bedrooms Lower: 1
  • Bedrooms Possible: 5
  • Master Bedroom Level: Second
Interior Features
  • Fireplaces Total: 3
  • Fireplaces Lower: 1
  • Fireplaces Main: 2
  • Floor Covering: Ceramic Tile, Hardwood, See Remarks
  • Basement: Daylight, Finished
  • Features: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Skylight(s), Sprinkler System, Water Heater
  • Water Heater Location: Utility room
  • Room and Floor: Dining Room-Main, Entry Hall-Main, Family Room-Main, Kitchen With Eating Space-Main, Living Room-Main, Primary Bedroom-Second, Rec Room-Lower, Utility Room-Lower, Bathroom Full-Second, Bathroom Half-Main, Bathroom Three Quarter-Lower, Bedroom-Second, Bedroom-Lower
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Cooling: No
  • Cooling: None
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: Yes
  • Water Heater Type: Gas
  • Room List: Dining Room, Entry Hall, Family Room, Kitchen With Eating Space, Living Room, Primary Bedroom, Rec Room, Utility Room, Bathroom Full, Bathroom Half, Bathroom Three Quarter, Bedroom
  • Number Of Showers: 3
Exterior Features
  • Exterior: Cement/Concrete, Wood
  • Roof: Torch Down
  • Appliances That Stay: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Waterfront Description: Bank-Low, Bulkhead, Lake
Property
Utilities
  • Water Source: Public
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Level: Two
  • Zoning Remarks: R15
  • Lot Topography: Level,Partial Slope
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist Report
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1960
  • Photos Count: 38
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Source: Public Records
  • Waterfront Footage: 85
  • Parcel Number Free Text: 1924059149
  • Building Condition: Remodeled
  • Calculated Square Footage: 3750
  • Structure Type: House
  • Square Footage Finished: 3510
  • Square Footage Unfinished: 240
  • Vegetation: Fruit Trees, Garden Space, Wooded
  • Building Area Total: 3750.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Owner
  • Land Lease: No
  • Total Actual Rent: $10,000

Property History for 5438 East Mercer Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5438 East Mercer Way

Taxable ValueLand$3,411,000Additions$1,591,000Total$5,002,000
Tax Record2022$30,676 ($2,556 / month)
Home Facts
Beds5Baths4Total Finished SqFt4,380 SqFtAbove Ground SqFt3,510 SqFtFinished Basement SqFt870 SqFtStories2Lot Size25,265 SqFtStyleSingle Family ResidenceYear Built1960ZoningR-15CountyKINGAPN192405-9149Fireplace TypeHas Fireplace

Schools near 5438 East Mercer Way

This home is within Mercer Island School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Island Park Elementary School
PublicK to 5

Islander Middle School
Public6 to 8

Mercer Island High School
Public9 to 12

Northwest Yeshiva High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5438 East Mercer Way is a single family home for sale in Mercer Island, WA 98040. This property was listed for sale on August 22, 2024 by Realogics Sotheby's Int'l Rlty, it's currently listed at $5,980,000. It has been on the market for a total of 91 days and was last sold on September 27, 2019. This listing's school district is Mercer Island School District. Nearby schools include Island Park Elementary School, Islander Middle School and Mercer Island High School. 5438 East Mercer Way is a 5-bed, 3.25-bath, 3,750 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Realogics Sotheby's Int'l Rlty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.