All homes
View 3D tour

$6,200,000

Reduced $600,000 — was $6,800,000

7220 North Mercer Way

Mercer Island, WA 98040

Active
Low BankCity viewLake viewTerritorial view

Beds

7

Baths

9

Sq Ft

Lot

0.57 ac

Year built

1981

Type

Residential

Days listed

299

MLS #

2449220

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.

Exterior features

Cement/Concrete

Schools

Elementary

Buyer To Verify

Middle

Islander Mid

High

Mercer Isl High

Property details

Heating
None
Cooling
None
Parking
None
View
City, Lake, Territorial
Lot
Secluded, Value In Land
Water source
Public
Sewer
Available
Levels
Three Or More

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.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.

No spam. We'll only reach out about your search.