About this home

[ PRICE IMPROVEMENT ] Save 18+ months in Design & Permitting, as this exceptional property comes with [Approved Plans & Permits] for a sophisticated 3,946 sqft custom home featuring 4 bedrooms + office, 3.25 baths, a daylight basement, & 3-car garage. Thoughtfully designed to maximize Lake Views & provide the lifestyle today's luxury buyers demand. Pick your final design tweaks & touches and start creating a signature residence on Mercer Island's coveted North End right away! Enjoy the best of Mercer Island living, spending weekends exploring Luther Burbank Park, one of the island's most treasured destinations, featuring waterfront trails, beaches, playgrounds, and off-leash dog park. Lake access @Fruitland Landing just a short walk away. This location offers the perfect blend of privacy, recreation, & convenient access to Bellevue, Seattle, & top-rated Mercer Island schools. Adding immediate value, the existing home is in good condition, featuring 3 beds, 1.5 baths & an unfinished basement, providing rental income potential while finalizing your construction timeline. Designed by McCullough Architects, who specialize in custom homes for the past 20+ years w/ creativity & attention to detail. Whether you're a builder seeking your next premier project or a buyer ready to bring a custom vision to life, this is a truly exceptional opportunity to secure a lake-view property in one of the PNW's most sought-after communities.

Schools

High

Mercer Isl High

Property details

View: Lake, Partial
Lot: Paved
Water source: On Property
Sewer: On Property
Utilities: Electricity Connected, Natural Gas Available

Costs

Annual taxes: $9,246 (2025)

Estimate your monthly payment

$9,847/mo

Principal & interest: $9,076
Property taxes: $771

Down payment (20%) $359,000 Interest rate (%) Loan term (years)

Loan amount $1,436,000

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 Wilson Realty Exchange, Inc.— Garrett E. Breda.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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