8 months on rocket

7260 N Mercer Way, Mercer Island, WA, 98040

$15,500,000

6 Bedrooms
2 Full Baths, 3 Partial
6,135 SqFt
$2,526/SqFt
House
Schools Nearby

Location

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Property Highlights

ParkingAttached Garage
Attached Garage3 spaces
Year BuiltNew Const., 2023
BasementYes
WaterfrontSeawall, Lake Front
FireplaceGas
ViewCity, Lake, Mountain(s)
MLS #2152074
Lot Size0.28 Acres
StatusActive

About 7260 N Mercer Way

A spotless and stunning new-construction home, sited on sparkling north end waterfront, with captivating lake and city views. Live exceptionally in this perfectly crafted masterpiece, featuring great room with 20-ft ceilings and dramatic views, two designer kitchens, ensuite bedrooms, and the finest fixtures and finishes. High tech and high concept; wired for servers, generator, speakers and blinds. High tech security system. Garage has heated floors and EV charging. Multiple decks and patios present spot-on views of Bellevue's gleaming skyline and fireworks from summer celebrations. Watch boat traffic from the shelter of Riley Cove and then join it on your own craft, setting sail from one of four slips from your 70-ft dock.

Property Details

Property Features

Property Information:

  • Architectural Style: Northwest Contemporary
  • Year Built: 2023
  • Living Area: 6,135 SqFt

Listing Office:

  • Office Name: Windermere Real Estate/East
  • Listing Agent: Patrick T. Moore

Interior Features

Interior Information:

  • Appliances: Double Oven, Disposal
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Engineered Hardwood, Stone
  • Interior: Ceramic Tile, Second Kitchen, Wine Cellar, Wired for Generator, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Sprinkler System, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Seawall, Lake Front
  • View: City, Lake, Mountain(s)
  • Exterior: Stone, Wood Products

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

School Info

Assigned Schools Information:

  • Mercer Island High School, Public District Grades 9-12
  • Islander Middle School, Public District Grades 6-8
  • West Mercer Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-90 E, take exit 6, turn left onto W Mercer and then right onto N Mercer, 7260 N Mercer Way will be down the road on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,500,000
  • Price Per SqFt: $2,526/SqFt

Tax Information:

  • Annual Amount: $52,312
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mercer Island, WA.

Med. Sold Price

$2.1M

Med. Price/SqFt

$771

Avg. Days On Market

56

# of Sold Homes

18

7260 N Mercer Way vs Mercer Island

246 DAYS ON ROCKET

+190 Days

$15,500,000

+$13.3M More

$2,526/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $13.3M more than the Median Sold Price and $1.7K/SqFt more than other homes in Mercer Island, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2152074

Listing Office:

  • Office Name: Windermere Real Estate/East
  • Listing Agent: Patrick T. Moore

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 2:47:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 10, 2011Home Sold
$3,150,000
Mar 31, 2008Home Sold
$1,616,425

Tax History

YEARPROP. TAXASSESSMENT
2020$52,312$6,538,000
2018$26,868$3,576,000
2017$29,832$3,439,000

History based on county public records data.

Payment Calculator

$77.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$46.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1900881
9
/10
  • West Mercer Elementary School

  • 4141 81st Ave SE

  • 0.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1900882
8
/10
  • Islander Middle School

  • 8225 SE 72nd St

  • 3.89 miles

  • Public District Grades 6-8

High School

school-card-donut-1900883
10
/10
  • Mercer Island High School

  • 9100 SE 42nd St

  • 1.78 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,500. Most Mercer Island, WA residents have annual incomes $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7260 N Mercer Way

What is the listing price of this property?

The listing price of 7260 N Mercer Way property is $15,500,000.

What type of property is this?

The property 7260 N Mercer Way is a house located in Mercer Island, Washington, 98040.

Is this property for sale now?

Active Listing: 7260 N Mercer Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7260 N Mercer Way are:
West Mercer Elementary School: GreatSchools Rating 9/10
Islander Middle School: GreatSchools Rating 8/10
Mercer Island High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $52,312 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 10, 2011 for $3,150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7260 N Mercer Way has 6 bedrooms and 2 full and 3 half bathrooms.

What is the square footage of this property?

The property 7260 N Mercer Way is 6,135 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7260 N Mercer Way is 2023.
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Rocket HomesWashingtonKing CountyMercer Island980407260 N Mercer Way

This home is located at 7260 N Mercer Way in Mercer Island, WA and zip code 98040 in the North Mercer neighborhood. This 6,135 square foot home, which was built in 2023, sits on a 0.28 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since August 25, 2023 and is currently priced at $15,500,000.

In March 2024 more than 12 listings in Mercer Island, WA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. Between February 2024 and March 2024, Mercer Island, WA real estate market has seen increase in the number of listings by 41.5%. While the average time on the market in March 2024 was 56 days, the median list price was $2,195,000.

From Rocket Homes Real Estate and based on county public records data.

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