4802 E Mercer Way, Mercer Island, WA 98040
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: robert pong, dan wozniak
Office: realogics sotheby's int'l rlty
MLS#:2422248
Source:NWMLS
4802 E Mercer Way,Mercer Island, WA 98040
$5,500,000
- 4 Beds
- 5 Baths
- 4,650 sq. ft.
- Single family
- Active
Price summary
- Price:$5,500,000
- Price per sq. ft.:$1,182.8
About this home
Where Legacy Meets Waterfront Living
Nestled along coveted East Mercer Way, this east-facing waterfront estate offers more than 100 feet of private shoreline with panoramic views of Lake Washington and Mount Rainier. Designed as a custom home with timeless architectural detail and strong bones, the residence presents a rare opportunity: move in and refresh, embark on a luxury remodel, or explore redevelopment potential.
The property includes two primary suites, flexible living areas, and a back wing ideal for a MIL apartment or private quarters with kitchen and baths. A three-car garage with EV charging station, extensive storage, and generous ceiling details reflect the thoughtful design throughout. The gentle slope to the home, calm waters at this end of the island, and quick access north or south along East Mercer Way combine to make the setting both serene and convenient.
Waterfront amenities are exceptional. Ownership conveys 75% of the shared community dock, serving just five homes. This includes two slips on the front and south side, moorage for a 40-foot deep-keel sailboat, an electric lift for an 8,000 pound motorboat, and a 5,300 pound floatplane lift. An auxiliary structure between the subject property and its neighbor provides additional shared storage space.
Adding to its distinction, the home is part of Mercer Island’s historic Appleton community — the site of the island’s first settler in 1885. This heritage lends a sense of permanence and legacy, offering the new owner the chance to carry forward the neighborhood’s tradition while creating a modern vision of waterfront living.
Whether envisioned as a refined remodel, a multi-generational retreat, or a new construction estate, this property represents one of the island’s most compelling opportunities.
Contact an agent
Home facts
- Year built:1980
- Listing ID #:2422248
- Updated:November 15, 2025 at 12:06 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:4,650 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:4,650 sq. ft.
- Lot area:0.54 Acres
Schools
- High school:Mercer Isl High
- Middle school:Islander Mid
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$1,182.8
- Tax amount:$36,338 (2025)
New listings near 4802 E Mercer Way
- Open Sat, 12 to 3pmNew
$1,998,000Active5 beds 3 baths2,296 sq. ft.4817 91st Avenue Se, Mercer Island, WA 98040
MLS# 2451708Listed by: COLDWELL BANKER BAIN - New
$6,800,000Active7 beds 9 baths8,600 sq. ft.7220 North Mercer Way, Mercer Island, WA 98040
MLS# 2449220Listed by: WONDERLAND REAL ESTATE
$3,499,988Pending4 beds 4 baths4,155 sq. ft.4222 Shoreclub Drive, Mercer Island, WA 98040
MLS# 2451414Listed by: WINDERMERE REAL ESTATE/EAST- Open Sat, 11am to 1pmNew
$399,950Active1 beds 1 baths645 sq. ft.2949 76th Avenue Se #81D, Mercer Island, WA 98040
MLS# 2452434Listed by: WINDERMERE REAL ESTATE CO.
$6,800,000Active0.57 Acres7220 N Mercer Way, Mercer Island, WA 98040
MLS# 2449152Listed by: WONDERLAND REAL ESTATE
$1,650,000Pending3 beds 2 baths1,770 sq. ft.2440 64th Avenue Se, Mercer Island, WA 98040
MLS# 2449672Listed by: COMPASS- Open Sat, 12 to 2pm
$3,650,000Active5 beds 6 baths4,678 sq. ft.7002 93rd Avenue Se, Mercer Island, WA 98040
MLS# 2446621Listed by: COLDWELL BANKER BAIN
$2,150,000Pending4 beds 3 baths3,074 sq. ft.3011 70th Avenue Se, Mercer Island, WA 98040
MLS# 2447722Listed by: COLDWELL BANKER BAIN
$1,695,000Active0.31 Acres4025 86th Avenue Se #12, Mercer Island, WA 98040
MLS# 2448167Listed by: JOHN L. SCOTT, INC.
$1,695,000Active2 beds 2 baths1,440 sq. ft.4025 86th Avenue Se, Mercer Island, WA 98040
MLS# 2444397Listed by: JOHN L. SCOTT, INC.