Date
Details
Price
Change
Source
7/08/2026
Listed
$5,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$5,450,000 Just Listed
Property Description
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.
Full Property Details
Full Property Details for 4835 Forest Ave SE
General
- Price: $5,450,000
- Taxes: $31,124 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2551386
- Updated: 7/8/2026
- Added to Site: 1 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: Take W Mercer Way to 84th Ave SE and make first right (west) on to Forest Ave SE and follow down and veer to the right - house will be on your left - parking above the home plus 4 spaces in 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: Fixer
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
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
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- Single Family
- Active
- Updated 6 hours ago
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- Single Family
- Closed
- 5Beds
- 7Total Baths
- 4,848Sq. Ft.
Listed by Daniel Sessoms | Compass and Kelly Marie Langston | Compass
Sold by Scott Whittlesey | Windermere Real Estate/East
Sold by Scott Whittlesey | Windermere Real Estate/East
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Sold by Greg Rosenwald | Compass
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Sold by Tere Foster | Compass
Sold by Tere Foster | Compass
4835 Forest Avenue SE, Mercer Island, WA 98040 (MLS# 2551386) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 4835 Forest Avenue SE is currently listed for $5,450,000 and was received on July 08, 2026. Want to learn more about 4835 Forest Avenue SE? Do you have questions about finding other Single Family real estate for sale in Forest Park Meadow? You can browse all Forest Park Meadow real estate or contact a Coldwell Banker agent to request more information.