7220 North Mercer Way

Mercer Island, WA
$ 6,200,000 Beds 7 Baths 8 Sq 8,600 Virtual Tour
Monthly Estimate* How much can I afford?

One of Mercer Island's rarest offerings—a prime half-acre waterfront parcel on the sought-after North End with 82+ feet of private shoreline, a U-shaped covered dock with deep-water moorage, and an exceptional opportunity to create a legacy waterfront estate. Behind a gated entry, the property captures sweeping views of the Bellevue skyline and the tranquil waters of Lake Washington, with lush natural surroundings and a covered waterside seating area for relaxing and entertaining by the lake. Conceptual architectural plans are available, providing a valuable starting point while leaving the flexibility to create a home tailored to your own vision. From sunrise paddles to evenings on the water, this is where your vision becomes something extraordinary on one of Lake Washington's most coveted stretches of shoreline—minutes to downtown Bellevue, Seattle, parks, and top-rated schools. Renderings are conceptual only; plans available. Pricing reflects land value only.

Active

  • Price
  • $ 6,200,000
  • City
  • Mercer Island
  • Bedrooms
  • 7
  • Full Bathrooms
  • 7
  • County
  • KING
  • Half Bathrooms
  • 2
  • Area
  • Mercer Island
  • Lot Size
  • 0.5683 Acres
  • Zip
  • 98040
  • Sqr Footage
  • 8,600
  • Year Built
  • 1981
  • Taxes
  • $ 44242
  • Style
  • Tri-Level
  • MLS#
  • 2449220
Listed By: Wonderland Real Estate and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Sewer Available
Heating None
Cooling None
Possession Closing
Roof Composition
Security Features Security Gate
Year Built 1981
View City,Lake,Territorial
Topography Sloped
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Low Bank
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name North End
Full Baths 7
Special Listing Conditions None
Status Active
Directions I-90 West exit 7 to Island Crest Way. Right on-76th property on right.
High School Mercer Isl High
City Mercer Island
Entry Location Main
Senior Community Y/N No
High School District Mercer Island
MLS Area 510 - Mercer Island
Lot Size Units Square Feet
Lot Size Square Feet 24754
Carport Y/N No
Listing Terms Conventional
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 44242.54
Middle/Junior High School Islander Mid
Public Remarks One of Mercer Island's rarest offeringsa prime half-acre waterfront parcel on the sought-after North End with 82+ feet of private shoreline,a U-shaped covered dock with deep-water moorage,and an exce
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 13 - Tri-Level
NWM_ShowMapLink Yes

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Half Baths 2
Total Bedrooms 7
Total Baths 9
Power Production Type Electric
Bedrooms Lower 3
Bedrooms Upper 4
Baths Half Main 1
Baths Half Lower 1
Baths Full Upper 3
Baths Full Main 1
Baths Full Lower 3
Bathrooms 8

Exterior Features

Exterior Amenities Cement/Concrete
Parking Features None
Lot Features Secluded,Value In Land
Water Source Public
Building Area Total 8600
Lot Size Acres 0.5683
Waterfront Y/N Yes
Irrigation Water Rights Y/N No
Waterfront Footage 82
Site Features Cabana/Gazebo,Dock,Gated Entry,Moorage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Islander Mid
High School Mercer Isl High

Price History

11/6/2025 Listed $6,800,000
8/28/2026 9% - $6,200,000

Property vs Zip Code Average in 98040

Price
AVG $4.9M
$6.2M
Taxes
AVG $23,109
$44,242
Year Built
AVG 1987
1981
Visits
AVG 226
818
Data Provided by Inside Real Estate®

Areas That We Cover

7220 North Mercer Way Mercer Island, WA is a Single Family Home for sale at $6200000 with 8600 sqft and a lot size of 0.5683 Acres Acre(s). 7220 North Mercer Way Mercer Island has 7 bedrooms, 7 baths and was built in 1981. The property's zip code is 98040 which is in Mercer Island, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.