5265 W Mercer Way

3,880 Sq. Ft.
$1,966 / Sq. Ft.
3,880
Sq. Ft.
$1,966
per Sq. Ft.

Description

A rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28,000 square feet of private, forested grounds with 150 feet of shoreline, the property commands sweeping views of Seattle’s skyline, Seward Park, glowing sunsets, and the dynamic beauty of Lake Washington. The setting feels tranquil and secluded, yet remains moments from the heart of Mercer Island and within effortless reach...A rare west-facing Mercer Island waterfront legacy, this extraordinary offering presents a once in a generation opportunity to create an iconic estate. Set on approximately 28,000 square feet of private, forested grounds with 150 feet of shoreline, the property commands sweeping views of Seattle’s skyline, Seward Park, glowing sunsets, and the dynamic beauty of Lake Washington. The setting feels tranquil and secluded, yet remains moments from the heart of Mercer Island and within effortless reach of Seattle, Bellevue, Issaquah, and year round mountain recreation. A private dock supports an exceptional lakeside lifestyle with boating, swimming, paddleboarding, and long summer days on the water. The existing 3880 sq foot residence is rich in timeless character and presents an ideal candidate for a comprehensive gut renovation, preserving its soul while elevating it to modern luxury standards, or alternatively offers a compelling canvas for new construction that fully maximizes the premier west side waterfront setting. Located in one of Mercer Island’s most coveted neighborhoods, this rare property benefits from top rated schools, a strong community, and enduring long term value through irreplaceable land and views.
  1. Listed by Kelly A. Malloy • Windermere West Metro
    P: (206)-935-7200 Kelly@Windermere.com

Property Details for 5265 West Mercer Way

Community Name
West Mercer
School District
Mercer Island
View
City, Lake, Territorial
Number of Assigned Spaces
2
Total Covered Parking
2
Offers Review Date
02-05-2026
Entry Date
01-20-2026
Energy Source
Oil
LISTING UPDATED: 04/19/2026 04:03 AM

Property Details for 5265 West Mercer Way

StatusSold
MLS #2469842
Days on Market17
Cumulative Days on Market17
Taxes$58,757 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built1941
Lot Size0.64 AC / 28,009 SF
CountyKing County

Location

Listing Courtesy of Windermere West Metro

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Building Information for 5265 West Mercer Way

Stories-Year Built1941Building Size-Lot Size0.64 AC / 28,009 SF

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$43,314 per month

30 year fixed, 6.46% Interest

Principal and Interest

$38,418

Property Taxes

$4,896

HOA Dues

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Property Information for 5265 West Mercer Way

Summary
Location and General Information
  • Style: 16 - 1 Story w/Bsmnt.
  • Building Information: Built On Lot
  • Site Features: Deck, Dock
  • Area: 510 - Mercer Island
  • Directions: GPS will take you too far on W Mercer Way. Review map in Supplements for most accurate directions. Turn on 82nd Ave SE and then first left on Forest and follow Forest down to the water. House on left.
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: Yes
  • Entry Location: Main
  • Direction Faces: West
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Driveway Parking, Garage-Attached, Off Street
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 1
  • Full Baths Main: 1
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • 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: 2
  • Bedrooms Upper: 0
  • Bedrooms Lower: 2
Interior Features
  • Fireplaces Total: 2
  • Fireplaces Lower: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Daylight, Finished
  • Features: Dining Room, Fireplace, French Doors, Jetted Tub, Skylight(s), Water Heater
  • Water Heater Location: Basement
  • Room and Floor: Den/Office-Main, Entry Hall-Main, Family Room-Lower, Great Room-Main, Kitchen With Eating Space-Main, Bedroom-Main, Utility Room-Lower, Bathroom Full-Lower, Bathroom Full-Main, Bedroom-Lower
  • Appliances: Dishwasher, Double Oven, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: No
  • Cooling: None
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • Water Heater Type: Electric
  • Room List: Den/Office, Entry Hall, Family Room, Great Room, Kitchen With Eating Space, Bedroom, Utility Room, Bathroom Full
  • Number Of Showers: 2
Exterior Features
  • Exterior: Cement/Concrete, Stucco
  • Roof: Tile
  • Appliances That Stay: Dishwasher(s),Double Oven,Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Waterfront Description: Low Bank, Lake
Property
Utilities
  • Water Source: Public
  • Power Company: PSE
  • Sewer Company: City of Mercer Island
  • Water Company: City of Mercer Island
  • Power Production Type: Oil
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Level: One
  • Lot Topography: Level,Partial Slope,Terraces
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Dead End Street, Value In Land
  • Lot Size Source: Realist
  • Waterfront Footage: 150
  • Parcel Number Free Text: 2424049011
  • 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 5265 West Mercer Way

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Sold

NWMLS #2469842

$7,629,375
Mar 17, 2026

Sold (Public Record)

Public Record #1931697222

$7,629,375
Feb 6, 2026

Pending

NWMLS #2469842

DateEvent & SourcePrice
03/19/2026

Sold

NWMLS #2469842

$7,629,375
03/17/2026

Sold (Public Record)

Public Record #1931697222

$7,629,375
02/06/2026

Pending

NWMLS #2469842

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

Public Records for 5265 West Mercer Way

Taxable ValueLand$8,054,000Additions$1,871,000Total$9,925,000
Tax Record2025$64,642 ($5,387 / month)
Home Facts
Beds4Baths2Total Finished SqFt5,630 SqFtAbove Ground SqFt3,880 SqFtFinished Basement SqFt1,750 SqFtStories1Lot Size28,009 SqFtStyleSingle Family ResidenceYear Built1941ZoningR-15CountyKINGAPN242404-9011Fireplace TypeHas Fireplace

Schools near 5265 West 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 - 9 to 12
Rating
School
Distance
Island Park Elementary School
PublicK to 5

Islander Middle School
Public6 to 8

Mercer Island High School
Public9 to 12

Northwest Yeshiva High School
Private9 to 12

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 Windermere West Metro

Based on information submitted to the MLS GRID as of 04/19/2026 04:03 AM. 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.