Neighborhood Profile

Mercer Island

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Neighborhood

Highlights

Average Sale Price
$4,582,000
Price Range
$25K-28M
Avg. Price/Sq.Ft
$1,173/Sq. Ft.
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While it is surrounded by Lake Washington, Mercer Island is far from insular. Located between Bellevue and Seattle affords an easy commute to either the east or west side. Waterfront homes are marked by their own private docks for aquatic adventurers to voyage out on a boat or paddleboard. Because of its island character, there is a strong sense of community as “Islanders” take pride in the small-town atmosphere and tranquil and woodsy ambiance.

Education is paramount to the community at large, as Mercer Island’s top-rated public school system is ranked second in the state. Its most famous resident was Paul Allen, co-founder of Microsoft. Though it is home to the wealthiest zip code in Washington state, residents and visitors enjoy friendly, community-oriented events year-round.

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Waterfront

For some, the call to live life at water's edge is undeniable: The sunshine reflecting upon the water’s surface, boats or ferries passing by, birds soaring overhead, the glimmer of a wavy sunset. From boating and beachcombing to kayaking and birdwatching—find these activities along the shoreline....

Island Living

Calling an island your home often means your living among a tight-knit group of neighbors. Among Washington's island paradises, communities bond in their way of living, whether they're there for a place of retreat, providing seclusion and a tranquil refuge, or for those looking to indulge in the waterfront...

Mercer Island

Neighborhood Lifestyle

Featured

Mercer Island Listings

Video Tour Video Tour
$28,000,000
Mercer Island Residential
Mercer Island, WA 98040
  • 5 Beds
  • 5.00 Baths
  • 8,420 Sq. Ft.
Listing Courtesy of Realogics Sotheby's International Realty
$9,890,000
8260 Avalon Drive
Mercer Island, WA 98040
  • 5 Beds
  • 5.00 Baths
  • 5,390 Sq. Ft.
Listing Courtesy of Realogics Sotheby's International Realty
$6,000,000
8001 West Mercer Way
Mercer Island, WA 98040
  • 5 Beds
  • 3.00 Baths
  • 2,910 Sq. Ft.
Listing Courtesy of Realogics Sotheby's International Realty
OPEN: Sun 12/14 1:00pm-3:00pm
$5,698,000
8243 W Mercer Way
Mercer Island, WA 98040
  • 5 Beds
  • 4.75 Baths
  • 5,450 Sq. Ft.
Listing Courtesy of Realogics Sotheby's International Realty
3D Tour 3D Tour
$5,500,000
4802 E Mercer Way
Mercer Island, WA 98040
  • 4 Beds
  • 4.50 Baths
  • 4,650 Sq. Ft.
Listing Courtesy of Realogics Sotheby's International Realty
2 OPEN HOUSES: Sat 12/13 1:00pm-3:00pm...
$2,798,000
3208 89th Place SE
Mercer Island, WA 98040
  • 5 Beds
  • 5.00 Baths
  • 3,310 Sq. Ft.
Listing Courtesy of Realogics Sotheby's International Realty
VIEW all Mercer Island Listings for sale
$25,000
7909 78th Avenue SE
Mercer Island, WA 98040
  • 7 Beds
  • 11.00 Baths
  • 9,340 Sq. Ft.
Listed Courtesy of Northwest MLS
$15,000
8428 N Mercer Way
Mercer Island, WA 98040
  • 4 Beds
  • 3.25 Baths
  • 3,900 Sq. Ft.
Listed Courtesy of Northwest MLS
$5,700
5305 90TH Avenue SE
Mercer Island, WA 98040
  • 5 Beds
  • 4.00 Baths
  • 3,000 Sq. Ft.
Listed Courtesy of Northwest MLS
Price Reduced
$4,845
4162 W Mercer Way
Mercer Island, WA 98040
  • 3 Beds
  • 2.00 Baths
  • 1,260 Sq. Ft.
Listed Courtesy of Northwest MLS
Price Reduced
$4,125
2836 78th Avenue SE #402
Mercer Island, WA 98040
  • 2 Beds
  • 2.00 Baths
  • 1,700 Sq. Ft.
Listed Courtesy of Northwest MLS
Price Reduced
$1,995
2939 76th Avenue SE #42A
Mercer Island, WA 98040
  • 1 Bed
  • 1.00 Baths
  • 640 Sq. Ft.
Listed Courtesy of Northwest MLS
VIEW all Mercer Island Listings for rent
Sold
$28,500,000
7002 N Mercer Way
Mercer Island, WA 98040
  • 5 Beds
  • 6.25 Baths
  • 10,030 Sq. Ft.
Listed Courtesy of Northwest MLS
Sold
$25,000,000
1615 Roanoke Way
Mercer Island, WA 98040
  • 5 Beds
  • 6.00 Baths
  • 9,720 Sq. Ft.
Listed Courtesy of Northwest MLS
Sold
$24,375,000
Mercer Island Residential
Mercer Island, WA 98040
  • 8 Beds
  • 7.50 Baths
  • 12,623 Sq. Ft.
Listed Courtesy of Northwest MLS
Sold
$17,300,000
1841 W Mercer Way
Mercer Island, WA 98040
  • 6 Beds
  • 5.75 Baths
  • 7,805 Sq. Ft.
Listed Courtesy of Northwest MLS
Sold
$15,150,000
5045 Forest Avenue SE
Mercer Island, WA 98040
  • 3 Beds
  • 3.75 Baths
  • 4,540 Sq. Ft.
Listed Courtesy of Northwest MLS
Sold
$15,000,000
1628 72nd Avenue SE
Mercer Island, WA 98040
  • 5 Beds
  • 5.75 Baths
  • 6,220 Sq. Ft.
Listed Courtesy of Northwest MLS

Location

Mercer Island, Washington United States
Mercer Island

Community Info

Mercer Island News

Significant Sales

Significant Sales | Q3-2025

  • Oct 10, 2025
  • By RSIR Staff

Realogics Sotheby’s International Realty is proud to honor the remarkable accomplishments of our brokers and their standout...

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