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$2,495,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 1 Full Bath
  • 3 Partial Baths
  • 4,400 Sq. Ft.
  • Updated 4 hours ago

Next open house:

Open House: 2:00 PM - 4:00 PM

Saturday 7/25 2:00 PM - 4:00 PM

7416 Mercer Terrace Drive,Mercer Island, WA 98040

7416 Mercer Terrace DriveMercer IslandWA98040

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Join us at 7416 Mercer Terrace Drive on:

  • Open House: 2:00 PM - 4:00 PM

    Sunday 7/26 2:00 PM - 4:00 PM

    7416 Mercer Terrace Drive,Mercer Island, WA 98040
    7416 Mercer Terrace DriveMercer IslandWA98040

Listed by Charlie Sirianni | Windermere Mercer Island | (206) 232-0446 and Erin Sirianni | Windermere Mercer Island | (206) 232-0446

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Welcome to this inspirational Leo Fisher-designed Northwest Contemporary home, set in the desirable Mercer Terrace neighborhood. Step into dramatic interiors with cedar-lined cathedral ceilings and expansive windows framing the gorgeous Pacific Northwest setting. Entertain in gathering spaces that have been updated and reimagined with a stunning open-concept kitchen remodel. Chefs will appreciate remarkable features such as a Gaggenau column refrigerator-freezer, Thermador double wall oven, Hestan gas range top, Miele dishwasher, solid walnut custom cabinetry, and gorgeous Mont Blanc quartzite countertops. Numerous practical upgrades bring peace of mind, including wood-framed Marvin Ultimate windows and doors, new LED and recessed lighting, 200-amp electrical panel, extensive landscape drainage work, and more. You'll love this spacious floor plan with 4 bedrooms together on the main-level, including a luxurious primary suite with spa-like bathroom and walk-in closet. All bathrooms have been beautifully updated throughout the home. Head downstairs to the large wood-paneled recreation room with wet bar, office/bedroom, laundry room, and additional bonus and storage rooms. This serene south-end neighborhood is just minutes to schools, parks, playfields, the QFC shopping center, and the Mercer Island Beach Club.

Full Property Details for 7416 Mercer Terrace Dr

General

  • Price: $2,495,000
  • Taxes: $14,515 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2557933
  • Updated: Today (7/22/2026)
  • Added to Site: Today

Interior

  • Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Fireplace(s): Gas, Wood Burning
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Hardwood, See Remarks, Vinyl Plank

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Lower: 1
  • Bedrooms Main: 4

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Parking Features: Attached Garage

Location

  • Area: 510 - Mercer Island
  • County: King
  • Subdivision: South End
  • Driving Directions: South on Island Crest Way, turn right (west) on SE 68th St, turn left (south) on 84th Ave SE. Continue onto SE 72nd St. Turn left (south) onto 78th Ave SE, turn right (west) onto Mercer Terrace Dr.

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: Daylight, Finished
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 4,400
  • Finished Total: 4,400 Sq. Ft.
  • Year Built: 1967

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,195
  • Lot Size Source: King County Records
  • Topography: Partial Slope, Terraces
  • Lot Features: Paved
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Tax Amount: $14,515
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 5453600170

Listed by Charlie Sirianni | Windermere Mercer Island | (206) 232-0446 and Erin Sirianni | Windermere Mercer Island | (206) 232-0446

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Schools serving 7416 Mercer Terrace Dr

School District:Mercer Island School District
NameGradesDistance
Lakeridge Elementary School, Mercer Island, WA
8215 Southeast 78th Street, Mercer Island, WA 98040
K-50.4 mi
Northwood Elementary School, Mercer Island, WA
4030 86th Avenue Southeast, Mercer Island, WA 98040
K-52.7 mi
Islander Middle School
8225 Southeast 72nd Street, Mercer Island, WA 98040
6-80.4 mi
Mercer Island High School
9100 Southeast 42nd Street, Mercer Island, WA 98040
9-122.6 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 7416 Mercer Terrace Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$2,495,000
143.41%
MLS
8/03/2016
Sold
$1,025,000
—
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 7416 Mercer Terrace Dr

Year
Property Taxes
Change
Tax Assessment
Change
2026
$14,515
10%
$2,226,000
11%
2024
$13,199
1%
$2,014,000
-5%
2024
$13,036
—
$2,116,000
—
2022
$12,988
19%
$2,116,000
37%
2021
$10,903
—
$1,541,000
13%
2021
$10,903
14%
$1,361,000
12%
2020
$9,584
7%
$1,212,000
2%
2019
$8,929
-18%
$1,187,000
-5%
2018
$10,851
18%
$1,250,000
11%
2017
$9,163
7%
$1,125,000
10%
2016
$8,524
4%
$1,019,000
9%
2015
$8,212
4%
$938,000
9%
2014
$7,879
—
$862,000
—
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 Charlie Sirianni | Windermere Mercer Island | (206) 232-0446 and Erin Sirianni | Windermere Mercer Island | (206) 232-0446

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Listed by Charlie Sirianni | Windermere Mercer Island and Erin Sirianni | Windermere Mercer Island
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7416 Mercer Terrace Drive, Mercer Island, WA 98040 (MLS# 2557933) is a Single Family property with 5 bedrooms, 1 full bathroom and 3 partial bathrooms. 7416 Mercer Terrace Drive is currently listed for $2,495,000 and was received on July 22, 2026. Want to learn more about 7416 Mercer Terrace Drive? 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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