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$1,915,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 3 Partial Baths
  • 3,234 Sq. Ft.
  • Updated 20 hours ago

Next open house:

Open House: 1:00 PM - 3:00 PM

Saturday 6/27 1:00 PM - 3:00 PM

5021 E Mercer Way,Mercer Island, WA 98040

5021 E Mercer WayMercer IslandWA98040

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Join us at 5021 E Mercer Way on:

  • Open House: 11:00 AM - 1:00 PM

    Sunday 6/28 11:00 AM - 1:00 PM

    5021 E Mercer Way,Mercer Island, WA 98040
    5021 E Mercer WayMercer IslandWA98040

Listed by Trish Coy | Windermere Mercer Island | (206) 232-0446 and Rachel L A Mehmedagic | Windermere Mercer Island | (206) 232-0446

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This one-of-a-kind residence is a masterpiece of craftsmanship, thoughtfully designed to blend seamlessly with its natural surroundings while creating a sense of timeless beauty and tranquility. Rich textures and natural woods bring warmth, character, and architectural interest throughout, evoking the feeling of a luxurious treehouse. The home enjoys a private, serene setting with captivating views stretching toward the lake while offering ever-changing natural light and framing of picturesque views of trees, sky, and water. Handsome birch floors guide you through the airy main level where soaring ceilings and thoughtfully designed spaces create an atmosphere that is both grand and welcoming. The sleek and sophisticated kitchen is designed for gathering, offering generous workspace, beautiful finishes, cozy nook and a seamless connection to the living and dining areas. Upstairs, the primary suite serves as a peaceful retreat, complete with a loft and adjoining sunroom that provide exceptional flexibility for working from home, reading, fitness, yoga, or enjoying a quiet moment. Multiple view decks extend the living spaces outdoors, offering countless opportunities to entertain and relax. Lovingly maintained and beautifully cared for, this extraordinary home offers a RARE combination of artistry, privacy, comfort, and connection to nature and the lake. The lower level entry and floorplan is fantastic for multigenerational living. Pre-inspected for you!

Full Property Details for 5021 E Mercer Way

General

  • Price: $1,915,000
  • HOA FEE: $25/month
  • HOA FEE FREQ.: Annually
  • Taxes: $12,989 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2536763
  • Updated: 6/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Jetted Tub, Loft, Sauna, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine/Beverage Refrigerator
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2
  • Half Bathrooms: 1
  • Upper - Full Baths: 1
  • Upper - 3/4 Baths: 1
  • Main Floor Baths: 1
  • Main - 1/2 Baths: 1
  • Lower - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Upper: 1
  • Bedrooms Lower: 3

Additional Information

  • Amenities: Cable TV, Deck, Dog Run, Fenced-Fully, Gas Available, Hot Tub/Spa, Patio
  • Spa: Yes
  • Security/Safety: Fully Fenced

Parking

  • Garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 2
  • Parking Features: Detached Garage

Location

  • Area: 510 - Mercer Island
  • County: King
  • Subdivision: East Mercer
  • Driving Directions: East Mercer Way to East Mercer Highlands Drive. Follow road up. Home on right. Park at the bottom of the driveway (right shoulder) or use drive. Dead-end street for easy parking & turn around.

School Information

  • High School District: Mercer Island
  • Elementary School: Island Park Elem
  • Middle School: Islander Mid
  • High School: Mercer Isl High

Community

  • Association: Yes
  • Assoc. Fees Include: Road Maintenance, See Remarks

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Water Heater: Tankless Gas

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: Finished
  • Foundation: Poured Concrete
  • Roof: Tile
  • Entry Location: Lower, Main
  • Square Feet: 3,234
  • Finished Total: 3,234 Sq. Ft.
  • Year Built: 1977
  • Property Condition: Very Good

Lot Features

  • Property View: Lake, Partial, Territorial
  • Lot Size (Acres): 0.3774
  • Lot Size (Sq. Ft.): 16,438
  • Lot Size Source: KCR
  • Topography: Partial Slope
  • Lot Features: Dead End Street, Paved
  • Trees/Vegetation: Garden Space, Wooded

Financial Considerations

  • Association Fee: $300
  • Assoc Fee Freq.: Annually
  • Tax Amount: $12,989
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 2162000130

Listed by Trish Coy | Windermere Mercer Island | (206) 232-0446 and Rachel L A Mehmedagic | Windermere Mercer Island | (206) 232-0446

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Schools serving 5021 E Mercer Way

School District:Mercer Island School District
NameGradesDistance
Island Park Elementary School
5437 Island Crest Way, Mercer Island, WA 98040
K-50.5 mi
Northwood Elementary School, Mercer Island, WA
4030 86th Avenue Southeast, Mercer Island, WA 98040
K-51.2 mi
Islander Middle School
8225 Southeast 72nd Street, Mercer Island, WA 98040
6-81.5 mi
Mercer Island High School
9100 Southeast 42nd Street, Mercer Island, WA 98040
9-121 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 5021 E Mercer Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$1,915,000
397.4%
MLS
5/15/1995
Sold
$385,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5021 E Mercer Way

Year
Property Taxes
Change
Tax Assessment
Change
2026
$13,766
6%
$2,111,000
7%
2024
$12,989
1%
$1,982,000
7%
2024
$12,829
13%
$1,847,000
—
2022
$11,339
16%
$1,847,000
34%
2021
$9,776
—
$1,381,000
13%
2021
$9,776
2%
$1,220,000
1%
2020
$9,584
7%
$1,212,000
2%
2019
$8,929
-4%
$1,187,000
11%
2018
$9,299
18%
$1,071,000
11%
2017
$7,854
8%
$964,000
10%
2016
$7,305
4%
$873,000
9%
2015
$7,041
-2%
$804,000
2%
2014
$7,212
—
$789,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Trish Coy | Windermere Mercer Island | (206) 232-0446 and Rachel L A Mehmedagic | Windermere Mercer Island | (206) 232-0446

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5021 E Mercer Way, Mercer Island, WA 98040 (MLS# 2536763) is a Single Family property with 4 bedrooms, 1 full bathroom and 3 partial bathrooms. 5021 E Mercer Way is currently listed for $1,915,000 and was received on June 24, 2026. Want to learn more about 5021 E Mercer Way? 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.

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