This listing courtesy of Kelly A. Malloy , Windermere West Metro
$8,150,000

5265 West Mercer Way, Mercer Island, WA 98040

  • 4 beds |
  • 2 baths |
  • 3,880 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon0.64acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $2,101/sqft
  • Property List Date Icon Listed 24 days ago

Property 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.

Listing Status:
Pending
Data Last Updated:
February 13, 2026 at 8:21PM
Listing Office:
Windermere West Metro : 206-935-7200
Listing Agent:
Kelly A. Malloy : 206-935-7200
MLS ID:
2469842
  • General: Dining RoomFireplaceFrench DoorsJetted TubSkylight(s)Water Heater
  • Appliances: Dishwasher(s)Double OvenDryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s)
  • Basement: DaylightFinished
  • Flooring: Ceramic TileHardwoodCarpet
  • A/C: None
  • Heating: BaseboardForced Air
  • Fireplace: Wood BurningFireplaceFireplaces: 2
  • General: Cement/ConcreteStucco
  • Parking: DrivewayAttached GarageOff StreetParking spaces: 2
  • Roofing: Tile
  • General: One
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Mercer Island
  • County: King
  • Topography: LevelPartial SlopeTerraces
  • Zoning: 2424049011
  • View: CityLakeTerritorialView
  • Waterfront: 150
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Kelly A. Malloy , Windermere West Metro

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

I

Island Park Elementary School

5437 Island Crest Way, Mercer Island, WA, 98040

Grades KG-5

0.44 miles away

I

Islander Middle School

8225 SE 72nd St, Mercer Island, WA, 98040

Grades 6-8

1.21 miles away

M

Mercer Island High School

9100 SE 42nd St, Mercer Island, WA, 98040

Grades 9-12

1.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
Presented by Veterans United Realty