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7220 North Mercer Way, Mercer Island WA 98040
7220 North Mercer Way, Mercer Island WA 98040
Washington>Mercer Island>Gold Coast

7220 North Mercer WayMercer Island, WA 98040

For Sale

$6,200,000

Smart Buyer Rebate $62,000

One of Mercer Island's rarest offerings—a prime half-acre waterfront parcel on the sought-after North End with 82+ feet of private shoreline, a U-shaped covered dock with deep-water moorage, and an exceptional opportunity to create a legacy waterfront estate. Behind a gated entry, the property captures sweeping views of the Bellevue skyline and the tranquil waters of Lake Washington, with lush natural surroundings and a covered waterside seating area for relaxing and entertaining by the lake. Conceptual architectural plans are available, providing a valuable starting point while leaving the flexibility to create a home tailored to your own vision. From sunrise paddles to evenings on the water, this is where your vision becomes something extraordinary on one of Lake Washington's most coveted stretches of shoreline—minutes to downtown Bellevue, Seattle, parks, and top-rated schools. Renderings are conceptual only; plans available. Pricing reflects land value only.

Listed by Alice On

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Wonderland Real Estate

Last updated August 28, 2026

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Source: NWMLS #2449220

Listing Facts

  • TypeSingle-family
  • NeighborhoodGold Coast
  • Bedrooms7
  • Bathrooms9
  • Days on Prevu313
  • Taxes$44,242.54/year

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

08/28/2026
Price Decreased
$6,200,000
11/06/2025
Listed by Wonderland Real Estate
$6,800,000
  1. 08/28/2026$6,200,000
    Price Decreased
  2. 11/06/2025$6,800,000
    Listed by Wonderland Real Estate

Property Details for 7220 North Mercer Way

Exterior

Construction

  • Roof: Composition
  • Structure Type: House
  • Year Built: 1981
  • Construction Materials: Cement/Concrete
  • Entry Location: Main
  • Exterior Features: Cement/Concrete

Features

  • View: City, Lake, Territorial
  • Waterfront Features: Low Bank
  • Waterfront: Yes

Measurements

  • Building Area Total: 8,600
  • Building Area Units: Square Feet
  • Lot Features: Secluded, Value In Land
  • Lot Size Acres: 0.56
  • Lot Size Square Feet: 24,754
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5315100033
  • Tax Annual Amount: $44,242.54
  • Tax Year: 2025

Interior

Rooms

  • Bathrooms Full: 7
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 7
  • Main Level Bathrooms: 2

Other

Location

  • Subdivision Name: North End

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

  • Sewer: Available
  • Water Source: Public

Frequently Asked Questions

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

There are 7 bedrooms and 9 bathrooms in this single-family home at 7220 North Mercer Way.

What schools are nearby to 7220 North Mercer Way?

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

What are the annual taxes for 7220 North Mercer Way?

Annual taxes for this single-family home are estimated at $44,242.

How does 7220 North Mercer Way compare to other single-family homes in Gold Coast?

This single-family home is listed 20% above the average price for single-family homes in Gold Coast and has been on the market for 71 more days than the typical home in this area.

7220 North Mercer Way is a 7-bedroom, 9-bath single-family home for sale in Mercer Island WA 98040. Available on Prevu for 313 days at $6,200,000. This includes a recent price decrease of $600,000. This home is located in Mercer Island. The median listing price for single-family homes in this area is $6,800,000. Nearby schools include Buyer To Verify Elementary School, Islander Mid Middle School, and Mercer Isl High. Property amenities include pets allowed. 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.