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.
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.
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.