4550 East Mercer Way

Mercer Island, WA 98040

$5,495,000
Price
4
Beds
2.5
Baths
3,880 Sq. Ft.
$1,416 / Sq. Ft.
3,880
Sq. Ft.
$1,416
per Sq. Ft.

Description

Experience the ultimate in lakefront living in this one-of-a-kind Mercer Island retreat. This exceptional waterfront property features 75' of shorefront, large rolling lawn, sandy beach, brand new custom dock & unobstructed lake & Mt Rainier views. The light-filled, custom-designed floorplan flows seamlessly from kitchen to dining to living. A large hardwood deck blends indoor & outdoor spaces, making it ideal for everyday living & grand gatherings. A well-appointed chef’s kitchen features a large...Experience the ultimate in lakefront living in this one-of-a-kind Mercer Island retreat. This exceptional waterfront property features 75' of shorefront, large rolling lawn, sandy beach, brand new custom dock & unobstructed lake & Mt Rainier views. The light-filled, custom-designed floorplan flows seamlessly from kitchen to dining to living. A large hardwood deck blends indoor & outdoor spaces, making it ideal for everyday living & grand gatherings. A well-appointed chef’s kitchen features a large island, double oven, two dishwashers & plenty of seating for all. The two large view decks are perfect for relaxing, entertaining & taking in the views. Best of all, it’s located moments from top-rated Mercer Island schools, restaurants & parks.
  1. Listed by Paula Holtzclaw • Coldwell Banker Bain

Property Details for 4550 East Mercer Way

Community Name
Ferncroft
School District
Mercer Island
View
Lake, Mountain(s)
Number of Assigned Spaces
2
Total Covered Parking
2
Offers Review Date
05-13-2024
Entry Date
05-07-2024
Energy Source
Natural Gas

Location

Listing Courtesy of Coldwell Banker Bain
Add your commute
LISTING UPDATED: 05/14/2024 12:17 PM

Property Details for 4550 East Mercer Way

StatusPending
MLS #2231506
Days on Market3
Cumulative Days on Market3
Taxes$28,096 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1956
Lot Size0.32 AC / 14,003 SF
CountyKing County

Location

Listing Courtesy of Coldwell Banker Bain
Add your commute

Virtual Tour

Building Information for 4550 East Mercer Way

Stories-Year Built1956Building Size-Lot Size0.32 AC / 14,003 SF

Payment Calculator

$32,330 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,988

Property Taxes

$2,341

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4550 East Mercer Way

Summary
Location and General Information
  • Style: 18 - 2 Stories w/Bsmnt
  • Building Information: Built On Lot
  • Site Features: Deck, Dock, Gas Available, High Speed Internet, Irrigation, Moorage, Patio, Rooftop Deck, Sprinkler System
  • Area: 510 - Mercer Island
  • Directions: Off East Mercer Way, turn east @ Ferncroft Rd. Take immediate first right down toward lake. This home has a circular driveway, Follow sign to the left to loop & park in driveway.
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: Yes
  • Entry Location: Main
  • Direction Faces: East
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached
  • Open Parking: No
  • Parking Features: Attached Garage
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 1
  • Full Baths Lower: 1
  • Full Baths Main: 0
  • Full Baths Upper: 1
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 1
Bedroom Information
  • Bedrooms Main: 1
  • Bedrooms Upper: 1
  • Bedrooms Lower: 2
  • Bedrooms Possible: 4
  • Master Bedroom Level: Second
Interior Features
  • Fireplaces Total: 2
  • Fireplaces Lower: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Daylight, Finished
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Security System, Wet Bar, Wired for Generator, Fireplace, Water Heater
  • Water Heater Location: Utility Room - Lower Level
  • Room and Floor: Den/Office-Second, Dining Room-Main, Entry Hall-Main, Kitchen With Eating Space-Main, Living Room-Main, Primary Bedroom-Second, Rec Room-Lower, Utility Room-Lower, Bedroom-Main, Bedroom-Lower, Bathroom Full-Lower, Bathroom Full-Second, Bathroom Half-Main
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Cooling: Yes
  • Cooling: 90%+ High Efficiency, Central A/C
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Heating: Yes
  • Heating: 90%+ High Efficiency, Forced Air
  • FIRPTA: No
  • Water Heater Type: Gas
  • Room List: Den/Office, Dining Room, Entry Hall, Kitchen With Eating Space, Living Room, Primary Bedroom, Rec Room, Utility Room, Bedroom, Bathroom Full, Bathroom Half
  • Number Of Showers: 2
Exterior Features
  • Exterior: Wood
  • Roof: Metal, Torch Down
  • Appliances That Stay: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Waterfront Description: Lake, No Bank
  • Security Features: SecuritySystem
Property
Utilities
  • Water Source: Public
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Mercer Island
  • Water Company: City Of Mercer Island
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Level: Two
  • Lot Topography: Rolling
  • First Right Of Refusal: false
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Source: KCR
  • Waterfront Footage: 75'
  • Parcel Number Free Text: 1824059082
  • Building Condition: Very Good
  • Calculated Square Footage: 3880
  • Structure Type: House
  • Square Footage Finished: 3880
  • Square Footage Unfinished: 0
  • Building Area Total: 3880.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Water Access: Deeded Access
Rental
Rent Information
  • Occupant Type: Vacant
  • Land Lease: No

Property History for 4550 East Mercer Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4550 East Mercer Way

Taxable ValueLand$3,024,000Additions$1,557,000Total$4,581,000
Tax Record2022$28,096 ($2,341 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt5,240 SqFtAbove Ground SqFt3,880 SqFtFinished Basement SqFt1,360 SqFtStories2Lot Size14,003 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1988ZoningR-15CountyKINGAPN182405-9082Fireplace TypeHas Fireplace

Schools near 4550 East Mercer Way

This home is within Mercer Island School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Island Park Elementary School
PublicK to 5

Islander Middle School
Public6 to 8

Mercer Island High School
Public9 to 12

St. Monica School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Bain

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.