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!
Single-familyProperty Type
1977Year Built
0.38 acresLot Size
$586Price/Sq.Ft.
$25/moHOA Dues
4 spacesParking
Listed by Trish Coy• Windermere Mercer Island
Listed by Rachel Mehmedagic• Windermere Mercer Island
East Mercer, located between Interstate 90 and Lake Washington, is a residential and waterfront Mercer Island neighborhood with wooded slopes and shoreline parks. The neighborhood’s character concentrates around the Island Crest Way corridor near the I-90 lid, where morning runners, cyclists, and dog walkers thread past trailheads and lake views. Housing leans toward mid-century ramblers and contemporary rebuilds set on curving, tree-lined streets. Luther Burbank Park frames the shoreline with open lawns, docks, and a long loop path. The Mercer Island Boat Launch and nearby waterfront access points keep the lake present in daily routines. A short drive west, Mercer Island Farmers Market and the Mercer Island Community & Event Center add a civic, local-craft pulse.
Provided by Walk Score and Local Logic
Market insights
5021 E Mercer Way · $1,895,000
DAYS ON MARKET
41 days
The average home goes pending in 10 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
LIST PRICE
$1,895,000
Median sale price in this area is $1,047,218. (45% lower than this home)
PRICE DROP
1 price drop
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Dining room
Fireplace (gas)
French doors
Hot tub / spa
Jetted tub
Loft
Sauna
Skylights
Vaulted ceilings
Walk-in closets
Water heater
Bedrooms
4 bedrooms (1 upper, 3 lower)
Bathrooms
1 full bath
2 three-quarter baths
1 half bath
1 bathtub
2 showers
Kitchen
Dishwasher
Double oven
Microwave
Refrigerator
Stove / Range
Garbage disposal
Laundry & utility
Washer
Dryer
Utility room with tankless gas water heater
Flooring
Ceramic tile
Hardwood
Vinyl
Heating & cooling
Forced air heating (natural gas)
Central air conditioning
Exterior features
Wood exterior
Deck
Patio
Fully fenced yard
Dog run
Garden space
Wooded areas
Hot tub / spa
Cable TV available
Gas available
Home design
Single family residence
Tri-level style
Three or more levels
Entry on lower and main levels
Has view
Built on lot; very good condition
Parking
Detached garage (420 sq ft)
2 covered parking spaces
2 uncovered parking spaces
Dead-end street provides easy parking and turnaround
Security
Fully fenced
Construction
Built 1977 (effective year)
Wood construction
Tile roof
Poured concrete foundation
Utilities
Public water
Public sewer available
Power by PSE
Cable: Comcast
Internet: Xfinity
Tankless gas water heater (located in utility room)
HOA & community
HOA with annual fee of $300 (covers road maintenance; see remarks)
Financial info
Listing terms: Cash or Conventional
Other
Property taxes listed (see broker for details)
Electricity and solar
View estimated energy costs and solar savings for this home
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.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Educational/school
Recreation
Park & open space
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
2/10 Heat Factor
6 days above 87° expected this year, 13 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, 12 days in 30 years
Provided by First Street
Historical weather
Mercer Island, WA • 98040
Average low and high temperatures (°F)
48
37
50
38
55
42
63
45
69
50
75
55
81
59
79
60
74
57
62
48
54
44
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5021 E Mercer Way
$1,846,401
$49K under list price of $1.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.6M to $2.7M.