Active
5 beds6,117 sqft
3840 E Mercer Way, Mercer Island, WA 98040
Pets welcomePet policy
Oct 1Available Date
NoFurnished

Description

Available Now. Be the first ever to lease this magnificent waterfront estate! Custom-built & recently transformed into an elevated lakeside oasis: 154’ prime lakefront, re-decked deep water dock with covered boat lift, built-in BBQ & level lawn. Ideal North End location – dream commute! Spectacular full remodel with gourmet kitchen, updated baths, elevator, new fixtures, lighting, windows, flooring, siding & more. Light, bright spaces with clean lines & walls of windows taking in panoramic lake &...Available Now. Be the first ever to lease this magnificent waterfront estate! Custom-built & recently transformed into an elevated lakeside oasis: 154’ prime lakefront, re-decked deep water dock with covered boat lift, built-in BBQ & level lawn. Ideal North End location – dream commute! Spectacular full remodel with gourmet kitchen, updated baths, elevator, new fixtures, lighting, windows, flooring, siding & more. Light, bright spaces with clean lines & walls of windows taking in panoramic lake & mountain views from nearly every room. Incredible layout w/ space for all: 4 of 5 BDRs up together including a deluxe owner’s suite w/ private deck & 5-pc bath. 4 more baths+ office & gym/flex 6th BDR. Soaring ceilings w/ NanaWall doors seamlessly connect to outdoor entertaining spaces. Waterfront living at its finest. 2 Pets okay with additional pet rent.
Days on Market Listed Today
Cumulative days on Market: 0
  • Listed by: Tony Strobel 206.394.5909 tonys@lgapm.com • Lori Gill & Assoc. Prop Mgmt
Last updated: 10/02/2026 04:53 PM • Source: NWMLS as distributed by MLS GRID, MLS#: 2590523

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Location

Listing Courtesy of Lori Gill & Assoc. Prop Mgmt
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Property Information for 3840 East Mercer Way

Property Details
  • Lease Term: Lease Length: 12
  • Property Type: Rental
  • MLS Type: Residential Lease
  • Year Built: 1983
  • Lot Size: 0.00 AC / 0 SF
  • County: King County
  • Community Name: North End
  • View: Lake, Mountains, See Remarks, Territorial
  • Number of Assigned Spaces: 0
  • Entry Date: 10-02-2026
  • Energy Source: Natural Gas
  • Sewer: Sewer Connected
Building Information
  • Building/Complex: 3840 E Mercer Way
  • Pet Policy: Allowed
  • Year Built: 1983
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • Style: 15 - Multi Level
  • Site Features: Deck, Dock, Patio, Sprinkler System
  • Area: 510 - Mercer Island
  • Directions: East Mercer way exit (south), follow EMW, left onto SE 39th St, drive down private driveway for 3840 on right.
  • Type Of Property: Single Family Home
  • Property Sub Type: Rental
  • View: Yes
  • Waterfront: Yes
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached
  • Parking Features: Attached Garage
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Full Baths Upper: 2
  • Three Quarter Baths Main: 1
  • Three Quarter Baths Upper: 1
  • Half Baths Main: 1
  • Half Baths Upper: 1
  • Main Level Bathrooms: 2
Bedroom Information
  • Bedrooms Upper: 5
Interior Features
  • Fireplaces Total: 3
  • Fireplaces Main: 3
  • Furnished: Unfurnished
  • Storage: true
  • Basement: None
  • Features: Fireplace, Sprinkler System, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Other Rooms: Bonus Room,Den/Office,Dining Room,Family Room,Kitchen With Eating Space,Rec Room
  • Appliances Provided: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)/Dryer(s)
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Washer/Dryer
  • Cooling: Yes
  • Cooling: Central Air, Forced Air
  • Fireplace Features: Electric, Gas
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Waterfront Description: Lake
Property
Utilities
  • Power Production Type: Natural Gas
Property and Assessments
  • Level: Multi/Split
  • MLS Square Footage Source: Realist
  • Senior Community: No
  • Photos Count: 33
Lot Information
  • Parcel Number Free Text: 0824059038
  • Calculated Square Footage: 6117
  • Structure Type: House
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6117.0
  • Building Area Units: Square Feet
  • Property Type: Residential Lease
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Unit Features: Balcony/Deck/Patio, Sprinkler System, Vaulted Ceilings, Walk-in Closet, Yard
Financing / Income and Expenses
  • Operating Expense Includes: Lawn Service
Rental
Rent Information
  • Occupant Type: Vacant
  • Rent Includes: Lawn Service
  • Move In Funds Required: First Month,Security Deposit
  • Cats and Dogs: See Remarks, Subject to Restrictions

Property History for 3840 East Mercer Way

DateEvent & SourcePriceAppreciation
Oct 2, 2026

Listed (Active)

NWMLS #2590523

$20,000—
DateEvent & SourcePrice
10/02/2026

Listed (Active)

NWMLS #2590523

$20,000

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

Schools near 3840 East Mercer Way

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

Islander Middle School
Public6 to 8

Mercer Island High School
Public9 to 12

French American School of Puget Sound
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.

3840 East Mercer Way is available for rent in Mercer Island, WA 98040. This property was listed on October 2, 2026 by Lori Gill & Assoc. Prop Mgmt, it's currently listed at $20,000. This listing's school district is Mercer Island School District. Nearby schools include Northwood Elementary School, Islander Middle School and Mercer Island High School. 3840 East Mercer Way is a 5-bed, 6-bath, 6,117 sqft a property built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the owner's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lori Gill & Assoc. Prop Mgmt

Based on information submitted to the MLS GRID as of 10/02/2026 04:53 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.