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5021 E Mercer WayMercer Island, WA 98040

For Sale

$1,895,000

Smart Buyer Rebate $18,950

This one-of-a-kind residence is a masterpiece of craftsmanship, thoughtfully designed to blend seamlessly with its natural surroundings while creating a sense of timeless beauty and tranquility. Rich textures and natural woods bring warmth, character, and architectural interest throughout, evoking the feeling of a luxurious treehouse. The home enjoys a private, serene setting with captivating views stretching toward the lake while offering ever-changing natural light and framing of picturesque views of trees, sky, and water. Handsome birch floors guide you through the airy main level where soaring ceilings and thoughtfully designed spaces create an atmosphere that is both grand and welcoming. The sleek and sophisticated kitchen is designed for gathering, offering generous workspace, beautiful finishes, cozy nook and a seamless connection to the living and dining areas. Upstairs, the primary suite serves as a peaceful retreat, complete with a loft and adjoining sunroom that provide exceptional flexibility for working from home, reading, fitness, yoga, or enjoying a quiet moment. Multiple view decks extend the living spaces outdoors, offering countless opportunities to entertain and relax. Lovingly maintained and beautifully cared for, this extraordinary home offers a RARE combination of artistry, privacy, comfort, and connection to nature and the lake. The lower level entry and floorplan is fantastic for multigenerational living. Pre-inspected for you!

Listed by Trish Coy

·

Windermere Mercer Island

Listed by Rachel L A Mehmedagic

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Windermere Mercer Island

Last updated July 24, 2026

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Source: NWMLS #2536763

Listing Facts

  • TypeSingle-family
  • NeighborhoodEast Mercer
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu37
  • HOA/Maint. Fees$300/annual
  • Taxes$12,989/year
  • Size3,234 sqft
  • Price per sqft$586

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/24/2026
Price Decreased
$1,895,000
06/24/2026
Listed by Windermere Mercer Island
$1,915,000

Property Details for 5021 E Mercer Way

Association

Fees

  • Association Fee: $300.00 Annually
  • Association Fee Includes: Road Maintenance, See Remarks

Exterior

Construction

  • Property Condition: Very Good
  • Roof: Tile
  • Structure Type: House
  • Year Built: 1977
  • Architectural Style: Contemporary
  • Construction Materials: Wood
  • Entry Location: Lower,Main
  • Exterior Features: Wood

Features

  • View: Lake, Partial, Territorial

Measurements

  • Building Area Total: 3,234
  • Building Area Units: Square Feet
  • Lot Features: Dead End Street, Paved
  • Lot Size Acres: 0.37
  • Lot Size Square Feet: 16,438
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 2162000130
  • Tax Annual Amount: $12,989.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Jetted Tub, Loft, Sauna, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine/Beverage Refrigerator
  • Spa: Yes

Measurements

  • Living Area: 3,234

Rooms

  • Basement: Finished
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1

Other

Location

  • Subdivision Name: East Mercer

Parking

Parking

  • Covered Spaces: 2
  • Garage: Yes
  • Parking Features: Detached Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Island Park Elem

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: Available
  • Water Source: Public

Frequently Asked Questions

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

There are 4 bedrooms and 4 bathrooms in this single-family home at 5021 E Mercer Way.

What schools are nearby to 5021 E Mercer Way?

Nearby schools include the Island Park Elem 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 5021 E Mercer Way.

What are the annual taxes for 5021 E Mercer Way?

Annual taxes for this single-family home are estimated at $12,989.

How does 5021 E Mercer Way compare to other single-family homes in East Mercer?

This single-family home is listed 59% below the average price for single-family homes in East Mercer and has been on the market for 5 more days than the typical home in this area.

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

According to the MLS, this listing is 3,234 sqft.

5021 E Mercer Way is a 4-bedroom, 4-bath single-family home for sale in Mercer Island WA 98040. On Prevu for 37 days at $1,895,000. This includes a recent price decrease of $20,000. This property features 3,234 square feet of living space, located in East Mercer. The median listing price for single-family homes in this area is $2,349,500. Nearby schools include Island Park Elem Elementary School, Islander Mid Middle School, and Mercer Isl High. Additional amenities include dishwasher, pets allowed, air conditioning, parking, and washer/dryer. View other 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.