Listed By:
Windermere Mercer Island and NWMLS
Address
4835 Forest Avenue Se, Mercer Island, WA
Price
$ 4,790,000
Property Attributes
  • ID#2551386
  • TypeSingle Family
  • CountyKING
  • CityMercer Island
  • AreaMercer Island
  • NeighborhoodWestside
  • Zip98040
  • Style2 Stories w/Bsmnt
  • Year Built1958
  • Taxes$ 31124
  • Price$ 4,790,000
  • Bedrooms3
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3670
  • Lot Size0.4728 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

An extraordinary opportunity on Mercer Island’s coveted Gold Coast—now offered at a compelling new price. 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. The large 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.

Elementary School Middle School High School
Buyer To Verify Elementary School Islander Mid Mercer Isl High
Price History
7/8/2026 Listed $5,450,000
7/27/2026 9$5,000,000
9/19/2026 5$4,790,000

General Features

Living Area 3670
Sewer Sewer Connected
Heating Baseboard,Ductless,Radiant
Cooling Ductless
Possession Closing
Roof See Remarks,Torch Down
Appliances Dishwasher,Disposal,Double Oven,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer
Security Features Security System
Year Built 1958
View City,Lake,Mountains,Territorial
Topography Sloped,Terraces
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Low Bank,Bulkhead,Lake
Building Name Flood-Dearborn Add
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Westside
Facing Direction West
Full Baths 3
Special Listing Conditions None
Status Active
Directions Take W Mercer Way to 84th Ave SE and make first right (west) on to Forest Ave SE and follow down and veer to the right - house will be on your left - parking above the home plus 4 spaces in carports.
High School Mercer Isl High
City Mercer Island
Entry Location Main
Senior Community Y/N No
High School District Mercer Island
MLS Area 510 - Mercer Island
Lot Size Units Square Feet
Lot Size Square Feet 20597
Carport Y/N Yes
Listing Terms Cash,Conventional
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 31124
Middle/Junior High School Islander Mid
Property Condition Fixer
Public Remarks An extraordinary opportunity on Mercer Islands coveted Gold Coastnow offered at a compelling new price. Its exceptional street-to-water lot encompasses nearly half an acre edged by 53 feet of prized
Virtual Tour https://vimeo.com/1223514494
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Mercer Island
Property Style 18 - 2 Stories w/Bsmnt
NWM_ShowMapLink Yes

Interior Features

Interior Amenities 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
Basement Daylight,Partially Finished
Flooring Ceramic Tile,Vinyl Plank,Carpet
Total Fireplaces 3
Fireplace Features Gas,Wood Burning
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 4
Water Heater Type Gas
Water Heater Location Basement + Shop
Fireplaces Upper 1
Fireplaces Main 1
Fireplaces Lower 1
Power Production Type Electric,Natural Gas
Baths Three Quarter Lower 1
Bedrooms Lower 1
Bedrooms Upper 1
Baths Full Upper 1
Baths Full Main 1
Baths Full Lower 1
Bathrooms 3.75

Exterior Features

Exterior Amenities Metal/Vinyl
Vegetation Garden Space
Parking Features Attached Carport,Driveway,Off Street
Lot Features Dead End Street,Paved
Water Source Public
Total Parking 4
Inclusions Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 4110
Lot Size Acres 0.4728
Waterfront Y/N Yes
Covered Spaces 4
Irrigation Water Rights Y/N No
Waterfront Footage 53
Site Features Boat House,Cable TV,Deck,Dock,Gas Available,High Speed Internet,Moorage,Shop,Sprinkler System

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98040

Price
AVG $4.83M
$4.79M
Taxes
AVG $22,692
$31,124
Year Built
AVG 1986
1958
Visits
AVG 217
143
Data Provided by Inside Real Estate®