5265 West Mercer Way Mercer Island, WA 98040
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere West Metro / Kelly Malloy

  5265 West Mercer Way Mercer Island, WA 98040

Active
$8,150,000 (USD)
4
BED
2
BATH
3,880
SQFT

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 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.

MLS #:
2469842
Taxes
$58,757(2025)
Lot Size
0.64 acres
Type
Single-Family Home
Year Built
1941
Style
1 Story W/Bsmnt.
Views
City, Lake, Territorial
School District
Mercer Island
County
King County
Community
West Mercer

Listed By

Kelly Malloy, Windermere West Metro
Source
Northwest MLS as distributed by MLS Grid
Last checked Jan 21 2026 at 7:00 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Fireplace
  • French Doors
  • Water Heater
  • Double Oven
  • Jetted Tub
  • Skylight(s)
  • Dining Room
  • Dishwasher(s)
  • Dryer(s)
  • Refrigerator(s)
  • Stove(s)/Range(s)
  • Washer(s)
Subdivision
  • West Mercer
Lot Information
  • Dead End Street
  • Value In Land
Property Features
  • Deck
  • Dock
  • Fireplace: Wood Burning
  • Fireplace: 2
Heating and Cooling
  • Baseboard
  • Forced Air
Basement Information
  • Daylight
  • Finished
Flooring
  • Hardwood
  • Carpet
  • Ceramic Tile
Exterior Features
  • Stucco
  • Cement/Concrete
  • Roof: Tile
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Oil
Parking
  • Driveway
  • Off Street
  • Attached Garage
Stories
  • 1
Living Area
  • 3,880 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Disclaimer: Based on information submitted to the MLS GRID as of 1/20/26 23:00. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.