Prevu by reAlpha
BuySellBlogBrowse Listings

4835 Forest Avenue SEMercer Island, WA 98040

For Sale

$5,750,000

Smart Buyer Rebate $57,500

Opportunity knocks with a rare chance to own one of Mercer Island’s most coveted street-to-water waterfront estates. Set on nearly half an acre edged by 53 feet of prized west-facing shoreline, this extraordinary property captures sweeping views across Lake Washington to the Seattle skyline and Seward Park—arguably among the most breathtaking vistas on the Island. Iconic mid-century design incorporates walls of glass crowned by lofty clear cedar ceilings that frame the ever-changing panorama. Flow out from spacious gathering areas to expansive waterfront terraces. Views continue into the fireside primary suite, while a separate apartment above the main residence offers flexibility for guests, extended living, or future possibilities. Terraced grounds lead down to the water’s edge, beckoning you to swim, boat, entertain, and watch spectacular sunsets paint the sky. Launch days on the lake from your covered dock with two boat lifts, one ready to accommodate a vessel up to 50,000 pounds. Don’t miss the grandfathered boathouse...a rarity that can no longer be replicated! Rich with history from its classic 1950s roots, this is more than just a home—it is a legacy awaiting its next chapter. Whether you choose to enjoy it as-is, thoughtfully renovate, or create your own waterfront masterpiece, the setting is simply irreplaceable. Secure this premier Mercer Island waterfront lifestyle and make new memories for generations to come.

Listed by Julie Wilson

·

Windermere Mercer Island

Listed by Janet Bell

·

Windermere Mercer Island

Last updated June 15, 2026

·

Source: NWMLS #2535485

Listing Facts

  • TypeSingle-family
  • NeighborhoodWest Mercer
  • Bedrooms3
  • Bathrooms4
  • Days on Prevu5
  • Taxes$31,124/year
  • Size3,670 sqft
  • Price per sqft$1,567

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/11/2026
Listed by Windermere Mercer Island
$5,750,000

Property Details for 4835 Forest Avenue SE

Exterior

Construction

  • Property Condition: Average
  • Roof: See Remarks, Torch Down
  • Structure Type: House
  • Year Built: 1958
  • Building Name: Flood-Dearborn Add
  • Construction Materials: Metal/Vinyl
  • Entry Location: Main
  • Exterior Features: Metal/Vinyl

Features

  • Direction Faces: West
  • View: City, Lake, Mountains, Territorial
  • Waterfront Features: Low Bank, Bulkhead, Lake
  • Waterfront: Yes

Measurements

  • Building Area Total: 4,110
  • Building Area Units: Square Feet
  • Lot Features: Dead End Street, Paved
  • Lot Size Acres: 0.47
  • Lot Size Square Feet: 20,597
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 2574900190
  • Tax Annual Amount: $31,124.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 3
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Features: Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Jetted Tub, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine Cellar, Wired For Generator

Measurements

  • Living Area: 3,670

Rooms

  • Basement: Daylight, Partially Finished
  • Bathrooms Full: 3
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Other

Location

  • Subdivision Name: Westside

Parking

Parking

  • Carport: Yes
  • Covered Spaces: 4
  • Parking Features: Attached Carport, Driveway, Off Street
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Buyer To Verify

High School

  • High School: Mercer Isl High
  • High School District: Mercer Island

Middle or Junior School

  • Middle Or Junior School: Islander Mid

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 4 bathrooms in this single-family home at 4835 Forest Avenue SE.

What schools are nearby to 4835 Forest Avenue SE?

Nearby schools include the Buyer To Verify Elementary School, Islander Mid Middle School, and Mercer Isl High.

Does this single-family home have parking?

Yes, there are 4 parking spaces available for 4835 Forest Avenue SE.

What are the annual taxes for 4835 Forest Avenue SE?

Annual taxes for this single-family home are estimated at $31,124.

How does 4835 Forest Avenue SE compare to other single-family homes in West Mercer?

This single-family home is listed 24% above the average price for single-family homes in West Mercer and has been on the market for 81 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is in the Flood-Dearborn Add building.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,670 sqft.

4835 Forest Avenue SE is a 3-bedroom, 4-bath single-family home for sale in Mercer Island WA 98040. Available on Prevu for 5 days at $5,750,000. This residence features 3,670 square feet of living space, located in Mercer Island. The median listing price for single-family homes in this area is $3,298,000. Nearby schools include Buyer To Verify Elementary School, Islander Mid Middle School, and Mercer Isl High. Additional amenities include dishwasher, pets allowed, parking, and washer/dryer. Explore more single-family home listings in Mercer Island.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.