Date
Details
Price
Change
Source
6/11/2026
Listed
$5,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Opportunity knocks with a rare chance to own one of Mercer Island's most coveted street-to-water waterfront estates. Set on nearly half an acre edged by 53 feet of prized west-facing shoreline, this extraordinary property captures sweeping views across Lake Washington to the Seattle skyline and Seward Park-arguably among the most breathtaking vistas on the Island. Iconic mid-century design incorporates walls of glass crowned by lofty clear cedar ceilings that frame the ever-changing panorama. Flow out from spacious gathering areas to expansive waterfront terraces. Views continue into the fireside primary suite, while a separate apartment above the main residence offers flexibility for guests, extended living, or future possibilities. Terraced grounds lead down to the water's edge, beckoning you to swim, boat, entertain, and watch spectacular sunsets paint the sky. Launch days on the lake from your covered dock with two boat lifts, one ready to accommodate a vessel up to 50,000 pounds. Don't miss the grandfathered boathouse...a rarity that can no longer be replicated! Rich with history from its classic 1950s roots, this is more than just a home-it is a legacy awaiting its next chapter. Whether you choose to enjoy it as-is, thoughtfully renovate, or create your own waterfront masterpiece, the setting is simply irreplaceable. Secure this premier Mercer Island waterfront lifestyle and make new memories for generations to come.
Full Property Details
Full Property Details for 4835 Forest Ave SE
General
- Price: $5,750,000
- Taxes: $31,124 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2535485
- Updated: 6/19/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Jetted Tub, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine Cellar, Wired for Generator
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Gas, Wood Burning
- Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 3/4 Bathrooms: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Lower - Full Baths: 1
- Lower - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Lower: 1
- Bedrooms Main: 1
Additional Information
- Amenities: Boat House, Cable TV, Deck, Dock, Gas Available, High Speed Internet, Moorage, Shop, Sprinkler System
- Security/Safety: Security System
Parking
- Carports: Yes
- Covered Spaces: 4
- Parking Features: Attached Carport, Driveway, Off Street
Location
- Area: 510 - Mercer Island
- County: King
- Subdivision: Westside
- Building Name: Flood-Dearborn Add
- Driving Directions: GPS is accurate with plenty of parking above the home plus 4 spaces in the carports.
- Direction Faces: West
School Information
- High School District: Mercer Island
- Elementary School: Buyer To Verify
- Middle School: Islander Mid
- High School: Mercer Isl High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Baseboard, Ductless, Radiant
- Water Heater: Gas
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Metal/Vinyl
- Basement Desc.: Daylight, Partially Finished
- Foundation: Poured Concrete
- Roof: See Remarks, Torch Down
- Entry Location: Main
- Square Feet: 4,110
- Finished Total: 3,670 Sq. Ft.
- Unfinished Total: 440 Sq. Ft.
- Year Built: 1958
- Property Condition: Average
Lot Features
- Property View: City, Lake, Mountains, Territorial
- Lot Size (Acres): 0.4728
- Lot Size (Sq. Ft.): 20,597
- Lot Size Source: KCR
- Topography: Sloped, Terraces
- Lot Features: Dead End Street, Paved
- Trees/Vegetation: Garden Space
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $31,124
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 2574900190
Listed by Julie Wilson | Windermere Mercer Island | (206) 232-0446 and Trish Coy | Windermere Mercer Island | (206) 232-0446
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Schools
Schools serving 4835 Forest Ave SE
School District:Mercer Island School District
| Name | Grades | Distance |
|---|---|---|
Island Park Elementary School 5437 Island Crest Way, Mercer Island, WA 98040 | K-5 | 0.5 mi |
Northwood Elementary School, Mercer Island, WA 4030 86th Avenue Southeast, Mercer Island, WA 98040 | K-5 | 1.1 mi |
Islander Middle School 8225 Southeast 72nd Street, Mercer Island, WA 98040 | 6-8 | 1.5 mi |
Mercer Island High School 9100 Southeast 42nd Street, Mercer Island, WA 98040 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4835 Forest Ave SE
Tax History
Tax History for 4835 Forest Ave SE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$31,124
10%
$4,777,000
11%
2024
$28,295
1%
$4,321,000
-5%
2024
$27,937
—
$4,538,000
—
2022
$27,832
16%
$4,538,000
34%
2021
$23,973
—
$3,392,000
13%
2021
$23,973
1%
$2,995,000
—
2020
$23,634
7%
$2,992,000
2%
2019
$22,010
-10%
$2,929,000
4%
2018
$24,525
18%
$2,827,000
11%
2017
$20,713
8%
$2,545,000
10%
2016
$19,266
5%
$2,305,000
9%
2015
$18,430
-6%
$2,107,000
-2%
2014
$19,586
—
$2,144,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4835 Forest Ave SE
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Sold by Tere Foster | Compass
4835 Forest Avenue SE, Mercer Island, WA 98040 (MLS# 2535485) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 4835 Forest Avenue SE is currently listed for $5,750,000 and was received on June 11, 2026. Want to learn more about 4835 Forest Avenue SE? Do you have questions about finding other Single Family real estate for sale in Mercer Island? You can browse all Mercer Island real estate or contact a Coldwell Banker agent to request more information.