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$6,200,000

Reduced $600,000 — was $6,800,000

7220 Mercer Way

Mercer Island, WA 98040

Active
LakeCity viewLake view

Beds

Baths

Sq Ft

Lot

0.57 ac

Year built

Type

Land

Days listed

298

MLS #

2449152

About this home

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.

Schools

Elementary

Buyer To Verify

Middle

Islander Mid

High

Mercer Isl High

Property details

View
City, Lake
Lot
Secluded
Water source
Available
Sewer
In Street
Utilities
Electricity Available, Natural Gas Available

Costs

Annual taxes
$44,243 (2025)

Estimate your monthly payment

$35,037/mo

Principal & interest
$31,351
Property taxes
$3,687
Loan amount $4,960,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Mercer Island, WA 98040

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Wonderland Real Estate— Alice On.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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