OFF MARKET

Listed by Tim Conway • John L. Scott, Inc. Bought with Windermere Real Estate Midtown.

Off Market Mar 2025 for $13M

$12,337,757

Est. refi paymentEst. refi $79,288/mo

•

7,780

sq ft

8474 85th Ave SE, Mercer Island, WA 98040

About this home

Perched on the shores of Lake Washington, this distinct Italian estate extends over 100 feet of private waterfront. Striking walnut floors, custom woodwork, and imported Italian Albertini doors and windows display impeccable craftmanship. A timeless beauty elevated with modern convenience, as seen in the lavish dining room overlooking the lake with exquisite crystal details. Designed for a chef, the stunning epicurean kitchen is equipped with the finest appliances. The primary suite affords a sitting room to sip coffee fireside while taking in sunrise views and a spa-inspired marble bath to relax and recharge. Spend summers outdoors on the decks or gazebo and on the lake with a private dock. The pinnacle of living in the Pacific Northwest.

Single-familyProperty Type

2025Year Built

0.52 acresLot Size

$1,586Est. Price/Sq.Ft.

3 garage spacesParking

Listed by Tim Conway • John L. Scott, Inc.

Bought with Shawna Ader • Windermere Real Estate Midtown

Bought with Angie Holmstrom • Windermere RE Greenwood

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2292840

$13,033,271

Updated Apr 16, 2026

Based on recent home sales selected by the homeowner.

SOLD OCT 3, 2025
8066 Avalon Pl, Mercer Island, WA 98040
$8,300,000 Last sold price
A
5 beds4.5 baths5,350 sq ft
8066 Avalon Pl, Mercer Island, WA 98040
SOLD MAR 20, 2026
7964 E Mercer Way, Mercer Island, WA 98040
$9,850,000 Last sold price
B
4 beds3 baths4,632 sq ft
7964 E Mercer Way, Mercer Island, WA 98040
SOLD JUL 11, 2025
8326 84th Ave SE, Mercer Island, WA 98040
$4,095,000 Last sold price
C
5 beds4.5 baths4,570 sq ft
8326 84th Ave SE, Mercer Island, WA 98040
SOLD NOV 3, 2025
7934 Lake View Ln, Mercer Island, WA 98040
$2,900,000 Last sold price
D
4 beds3 baths3,690 sq ft
7934 Lake View Ln, Mercer Island, WA 98040
SOLD SEP 12, 2025
8320 Avalon Dr, Mercer Island, WA 98040
$6,825,000 Last sold price
E
4 beds3.5 baths5,950 sq ft
8320 Avalon Dr, Mercer Island, WA 98040

Redfin Estimate

$12,337,757

$787K since sold in March 2025$551K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 170.3% higher than the average sale price ($4.56M) of 6 comparable homes.

SOLD JUL 14, 2026
$3,850,000
A
5 beds4.5 baths4,630 sq ft
8297 SE 82nd St, Mercer Island, WA 98040
SOLD OCT 3, 2025
$4,550,000
B
5 beds4.5 baths6,650 sq ft
7922 E Mercer Way, Mercer Island, WA 98040
SOLD APR 15, 2026
$3,900,000
C
5 beds5.5 baths5,800 sq ft
7020 92nd Ave SE, Mercer Island, WA 98040
SOLD MAY 20, 2026
$2,783,200
D
5 beds3.5 baths3,850 sq ft
7515 SE 76th St, Mercer Island, WA 98040
SOLD OCT 3, 2025
$8,300,000
E
5 beds4.5 baths5,350 sq ft
8066 Avalon Pl, Mercer Island, WA 98040
SOLD JUN 12, 2026
$3,999,900
F
6 beds5 baths5,200 sq ft
8246 E Mercer Way, Mercer Island, WA 98040

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Earn from this home

Sell

$1,209,847

Est. take-home

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Refinance

Est. cash available

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Rent

$9,491/mo

Redfin rental estimate

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Market trends in 98040, WA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.3%

+0.2% MoM

Median sale price

$2.5M

$32K MoM

Avg. days on market

2 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 2PM TO 4PM
$2,100,000
4 beds3 baths3,180 sq ft
4859 86th Ave SE, Mercer Island, WA 98040
Sam Chapin • Engel & Voelkers Mercer Island
NEW 34 HRS AGO
$3,495,000
5 beds4.5 baths4,580 sq ft
7429 E Mercer Way, Mercer Island, WA 98040
Lori Scott • John L. Scott, Inc.
3D WALKTHROUGH
$3,250,000
5 beds3 baths3,050 sq ft
8340 Avalon Dr, Mercer Island, WA 98040
Marc Khalili Moftakhari Khalil • Windermere Bellevue Commons
$3,550,000
5 beds5.5 baths4,901 sq ft
2227 77th Ave SE, Mercer Island, WA 98040
Grace Yu • The Agency Seattle/Eastside
3D WALKTHROUGH
$2,200,000
4 beds3 baths2,370 sq ft
3715 81st Ave SE, Mercer Island, WA 98040
Patti Hill • John L Scott RE West Seattle
OPEN WED, 11AM TO 1PM
$2,895,000
4 beds3.5 baths3,728 sq ft
4520 89th Ave SE, Mercer Island, WA 98040
Kelly Weisfield • COMPASS
$6,880,000
5 beds4.5 baths5,535 sq ft
4102 100th Ave SE, Mercer Island, WA 98040
Joan Bayley • Windermere Real Estate/East
OPEN TODAY, 5PM TO 7PM
$2,399,000
5 beds3 baths3,660 sq ft
9360 Mercerwood Dr, Mercer Island, WA 98040
Diane Tien • Realogics Sotheby's Int'l Rlty
3D WALKTHROUGH
$2,800,000
3 beds3 baths3,240 sq ft
2003 82nd Ave SE, Mercer Island, WA 98040
Nancy LaVallee • Windermere Mercer Island
VIDEO TOUR
$3,380,000
4 beds4.5 baths4,362 sq ft
8144 W Mercer Way, Mercer Island, WA 98040
Ling Drost • WeLakeside
See all

Provided by Redfin

Sale history for 8474 85th Ave SE

Date

Event

Price

Mar 27, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2292840

$13,125,000

$1,687/sq ft

Feb 19, 2025

Pending

NWMLS as Distributed by MLS Grid #2292840

—

Sep 19, 2024

Listed (Active)

NWMLS as Distributed by MLS Grid #2292840

$13,900,000

$1,787/sq ft

Jan 18, 2002

Sold (MLS)

NWMLS as Distributed by MLS Grid #21129260

$1,700,000

$219/sq ft

Sep 29, 2001

Listed

NWMLS as Distributed by MLS Grid #21129260

$1,795,000

$231/sq ft

Jan 18, 2002

Sold (MLS)

NWMLS as Distributed by MLS Grid #21127883

$1,700,000

$219/sq ft

Sep 28, 2001

Listed

NWMLS as Distributed by MLS Grid #21127883

$1,795,000

$231/sq ft

Nov 18, 1998

Sold

Public Records

$1,305,000

$168/sq ft

Apr 2, 1979

Sold

Public Records

$380,000

$49/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$71,563 (−4.8%)

$5,927,000 + $5,061,000

$10,988,000

2025

$75,188 (+1.3%)

$5,927,000 + $5,061,000

$10,988,000

2024

$74,231 (+1.0%)

$4,189,000 + $7,298,000

$11,487,000

2023

$73,487 (+11.4%)

$3,952,000 + $6,835,000

$10,787,000

2022

$65,944 (+4.2%)

$4,446,000 + $7,541,000

$11,987,000

2021

$63,286 (+3.0%)

$3,660,000 + $5,299,000

$8,959,000

2020

$61,444 (+2.4%)

$3,486,000 + $4,424,000

$7,910,000

2019

$60,031 (−10.3%)

$3,702,000 + $4,290,000

$7,992,000

2018

$66,900 (+14.6%)

$3,702,000 + $4,290,000

$7,992,000

2017

$58,387 (−7.6%)

$3,560,000 + $4,154,000

$7,714,000

2016

$63,210 (+3.8%)

$3,255,000 + $3,922,000

$7,177,000

2015

$60,894 (+4.7%)

$2,946,000 + $4,620,000

$7,566,000

2014

$58,150 (+4.9%)

$2,723,000 + $4,242,000

$6,965,000

2013

$55,428 (−0.8%)

$2,318,000 + $4,049,000

$6,367,000

2012

$55,898 (+1.0%)

$2,137,000 + $3,733,000

$5,870,000

2011

$55,359 (+6.7%)

$2,354,000 + $4,102,000

$6,456,000

2010

$51,874 (−0.5%)

$2,423,000 + $4,222,000

$6,645,000

2009

$52,154

$2,760,000 + $4,812,000

$7,572,000

Tax history for 8474 85th Ave SE

Year

Property tax

Land + Additions

Assessment*

2026

$71,563 (−4.8%)

$5,927,000 + $5,061,000

$10,988,000

2025

$75,188 (+1.3%)

$5,927,000 + $5,061,000

$10,988,000

2024

$74,231 (+1.0%)

$4,189,000 + $7,298,000

$11,487,000

2023

$73,487 (+11.4%)

$3,952,000 + $6,835,000

$10,787,000

2022

$65,944 (+4.2%)

$4,446,000 + $7,541,000

$11,987,000

2021

$63,286 (+3.0%)

$3,660,000 + $5,299,000

$8,959,000

2020

$61,444 (+2.4%)

$3,486,000 + $4,424,000

$7,910,000

2019

$60,031 (−10.3%)

$3,702,000 + $4,290,000

$7,992,000

2018

$66,900 (+14.6%)

$3,702,000 + $4,290,000

$7,992,000

2017

$58,387 (−7.6%)

$3,560,000 + $4,154,000

$7,714,000

2016

$63,210 (+3.8%)

$3,255,000 + $3,922,000

$7,177,000

2015

$60,894 (+4.7%)

$2,946,000 + $4,620,000

$7,566,000

2014

$58,150 (+4.9%)

$2,723,000 + $4,242,000

$6,965,000

2013

$55,428 (−0.8%)

$2,318,000 + $4,049,000

$6,367,000

2012

$55,898 (+1.0%)

$2,137,000 + $3,733,000

$5,870,000

2011

$55,359 (+6.7%)

$2,354,000 + $4,102,000

$6,456,000

2010

$51,874 (−0.5%)

$2,423,000 + $4,222,000

$6,645,000

2009

$52,154

$2,760,000 + $4,812,000

$7,572,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

22,447

Year renovated

2025

Sq. Ft.

7,780

Year built

2025

Style

Single Family Residential

County

King County

APN

073610 0140

Parking Spaces

Basement

Yes

Accessible

Yes

HOA Dues

—

Garage

Yes

Features

Views, Green, Waterfront, Pool

Last updated by owner on Jun 24, 2025.

R-8.4

Single-Family Residential District

The purpose of the residential chapter is to identify land uses and to establish development standards that are appropriate within the residential zoning designations. The development standards provide a framework for a site to be developed consistent with the policy direction of the adopted Mercer Island Comprehensive Plan.

Zone overlays

SHORELINE

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Educational/school
Recreation
Park & open space

Property details

Parking

Parking Information
Covered Spaces: 3
Parking Features: Detached Garage
Garage Spaces: 3
Has Garage

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 5
# of Beds Upper: 3
# of Beds Lower: 2
Bedrooms Possible: 5

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 3
# of Main Level Bathrooms (Total): 2
# of Full Baths (Upper): 2
# of Full Baths (Lower): 1
# of Half Baths (Main): 2
# of Half Baths (Lower): 1
# of Bathtubs: 3
# of Showers: 3

Room 1 Information
Room Type: Den/Office
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Level: Main

Room 3 Information
Room Type: Entry Hall
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Level: Main

Room 5 Information
Room Type: Great Room
Room Level: Main

Room 6 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 7 Information
Room Type: Bedroom

Room 8 Information
Room Type: Bedroom

Room 9 Information
Room Type: Primary Bedroom

Room 10 Information
Room Type: Bedroom
Room Level: Lower

Room 11 Information
Room Type: Bedroom
Room Level: Lower

Room 12 Information
Room Type: Den/Office
Room Level: Lower

Room 13 Information
Room Type: Kitchen Without Eating Space
Room Level: Main

Room 14 Information
Room Type: Bathroom Full

Room 15 Information
Room Type: Bathroom Full

Room 16 Information
Room Type: Bathroom Half
Room Level: Main

Room 17 Information
Room Type: Bathroom Half
Room Level: Main

Room 18 Information
Room Type: Bathroom Half
Room Level: Lower

Room 19 Information
Room Type: Bathroom Full
Room Level: Lower

Room 20 Information
Room Type: Rec Room
Room Level: Lower

Fireplace Information
Has Fireplace
# of Fireplaces: 3
Fireplace Features: Gas
# of Fireplaces Upper: 1
# of Fireplaces Main: 2

Heating & Cooling
Has Heating
Heating Information: Forced Air, Heat Pump, Radiant
Has Cooling
Cooling Information: Central A/C, Forced Air

Interior Features
Interior Features: Built-In Vacuum, Ceiling Fan(s), Ceramic Tile, Dining Room, Fireplace, French Doors, Hardwood, High Tech Cabling, Jetted Tub, Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wine Cellar
Appliances: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Ceramic Tile, Hardwood, Marble, Travertine, Carpet
Appliances Included: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Stucco
Roof: Tile

Exterior Features
Exterior Features: Stucco

Pool Information
Has Spa

Waterfront Information
On Waterfront
Waterfront Features: Bulkhead, Lake, No Bank
Waterfront Footage: 100

Property Information
Energy Source: Electric,Natural Gas
Sq. Ft. Finished: 7,410
Style Code: 18 - 2 Stories w/Bsmnt
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Very Good
Has View
Zoning: R8.4

Land Information
Vegetation: Brush, Garden Space

Lot Information
MLS Lot Size Source: Realist
Site Features: Cabana/Gazebo,Cable TV,Deck,Dock,Electric Car Charging,Fenced-Partially,High Speed Internet,Hot Tub/Spa,Irrigation,Moorage,Patio,Rooftop Deck,Sprinkler System
Zoning Jurisdiction: City
Lot Features: Secluded
Lot Size Units: Square Feet
Lot Size Acres: 0.5153
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $74,211
Tax Year: 2024

Financial Information
Listing Terms: Cash Out
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Water Company: City of Mercer Island
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City of Mercer Island
Water Heater Location: Lower Level Closet
Water Heater Type: Gas

Location

School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Islander Mid
High School: Mercer Isl High
High School District: Mercer Island

Location Information
Water Access: Community Waterfront/Pvt Beach
Directions: East Mercer/West Mercer to 85th Ave SE. Home is on the left.
Topography: Level,Partial Slope,Sloped,Terraces

Community Information
Senior Exemption: false

Public facts

Beds: 5
Baths: 5.0
Sq. Ft.: 7,780
Stories: 2.0
Parking Spaces: 6
Basement: Yes
Accessible: Yes
Lot Size: 0.52 acres
Style: Single Family Residential
Year Built: 2025
Year Renovated: 2025
County: King County
APN: 073610 0140
HOA Dues: —
Garage: Yes
Features: Views, Green, Waterfront, Pool

Home facts updated by owner on Jun 24, 2025

Other

Listing Information
Buyer Brokerage Compensation: 1.75
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, September 19, 2024

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area: 7,410
Living Area Units: Square Feet
Calculated Square Footage: 7410
MLS Square Footage Source: Realist
Building Area Total: 7410
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: House
Levels: Two
Entry Location: Main

Around this home

Schools

Lakeridge Elementary School

Public K-5 • Assigned • 0.5mi

9/10

Islander Middle School

Public 6-8 • Assigned • 0.9mi

9/10

Mercer Island High School

Public 9-12 • Assigned • 3.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Mercer Island, WA • 98040

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$11.72M – $14.19M

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Home values near 8474 85th Ave SE

Data from public records.

Address	Redfin Estimate
8540 85th Ave SE, Mercer Island, WA 4 Beds \| 2.5 Baths \| 3778 Sq. Ft.	$2,974,067
8427 85th Ave SE, Mercer Island, WA 4 Beds \| 2.5 Baths \| 3850 Sq. Ft.	$2,697,083

Address	Redfin Estimate
8550 85th Ave SE, Mercer Island, WA 5 Beds \| 3.5 Baths \| 3300 Sq. Ft.	$2,618,408
8559 85th Ave SE, Mercer Island, WA 5 Beds \| 4 Baths \| 3750 Sq. Ft.	$3,140,537

Address	Redfin Estimate
8710 85th Ave SE, Mercer Island, WA 4 Beds \| 5.5 Baths \| 4670 Sq. Ft.	$7,423,381
8545 85th Ave SE, Mercer Island, WA 5 Beds \| 2.5 Baths \| 3250 Sq. Ft.	$2,230,973

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2024. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98040, WA

Sale history for 8474 85th Ave SE

Tax history for 8474 85th Ave SE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98040

Home values near 8474 85th Ave SE

More real estate resources