$ 5,450,000
-
$5,450,000
Price -
3
Bed -
3.75
Bath -
4,110
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 5151 - 97834,69574
There is still time to spend your summer playing on sparkling Lake Washington! With a tempting new price, opportunity beckons you to seize this rare chance to own a west-facing waterfront estate on Mercer Island's premier Gold Coast. Its exceptional street-to-water lot encompasses nearly half an acre edged by 53 feet of prized western shoreline. You’ll savor front row views across the lake to the Seattle skyline and Seward Park, arguably among the most breathtaking vistas on the Island. Fully rebuilt in 2017, the massive, covered dock is a boater's dream complete with two boat lifts—one ready to accommodate a vessel up to 50,000 pounds. A grandfathered boathouse at the water's edge is a true rarity that can no longer be replicated under today's shoreline regulations. After a day making memories out on the lake, colorful sunsets carry you home to your waterside lawn and beautifully terraced walkway leading up to even more views from the house. The main residence plus a separate apartment above are offered as a blank canvas ready for your vision…whether that's a thoughtful renovation of the original mid-century design, or a ground-up rebuild to fully capture this irreplaceable setting. Add your signature style and create a new legacy to be loved for generations to come. Waterfront aficionados will recognize this extraordinary, diamond in the rough prospect to secure incredible views, coveted waterfront, and a boater's dock that simply can't be recreated.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Residential
MLS ®
2551386
Year Built
1958
Total Square Footage
4,110
Lot/Acreage
0.47
County
King
Building Name
Flood-Dearborn Add
Neighborhood
Westside
Area
510 - Mercer Island
School District
Mercer Island
Middle School
Islander Middle
High School
Mercer Isl High
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full / 1 Three-Quarter
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
- Air Cond: Ductless
- Heating: Baseboard,Ductless,Radiant
- Fireplaces: 3, Gas,Wood Burning,3 Fireplace
- Floor: Ceramic Tile,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Daylight,Partially Finished
- Other: Dbl Pane/Storm Window,Dining Room,Fireplace,Fireplace (Primary Bedroom),Jetted Tub,Security System,Sprinkler System,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wine Cellar,Wired for Generator,Master on Main
- Water: City of Mercer Island
Exterior Details
- Lot Description: Dead End Street,Paved,Built On Lot,Boat House,Cable TV,Deck,Dock,Gas Available,High Speed Internet,Moorage,Shop,Sprinkler System,Low Bank,Bulkhead,Lake
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: See Remarks,Torch Down
- Others: Metal/Vinyl,Fixer,Has ADU
- Sewer: City of Mercer Island
- Parking Features: Attached Carport,Driveway,Off Street
Financial Details
- Tax Amount: $31,124
- Taxes w/Assessments: N/A
- Tax/Property ID: 2574900190
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
4835 Forest Ave SE Mercer Island, WA 98040
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
