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8474 85th Ave SE, Mercer Island, WA, 98040

$14,900,000

5 Bedrooms
3 Full Baths, 3 Partial
7,410 SqFt
$2,011/SqFt
House
Schools Nearby

Location

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Property Highlights

ParkingAttached Garage
Attached Garage3 spaces
Year Built2004
BasementYes
WaterfrontSeawall, Lake Front
FireplaceGas
ViewLake, Mountain(s)
MLS #2213687
Lot Size0.52 Acres
StatusActive

About 8474 85th Ave SE

Perched on the shores of Lake Washington, this distinct Italian estate extends over 100 feet of private waterfront. Striking walnut floors, custom woodwork, and imported Italian Albertini doors and windows display impeccable craftmanship. A timeless beauty elevated with modern convenience, as seen in the lavish dining room overlooking the lake with exquisite crystal details. Designed for a chef, the stunning epicurean kitchen is equipped with the finest appliances. The primary suite affords a sitting room to sip coffee fireside while taking in sunrise views and a spa-inspired marble bath to relax and recharge. Spend summers outdoors on the decks or gazebo and on the lake with a private dock. The pinnacle of living in the Pacific Northwest.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 2004
  • Living Area: 7,410 SqFt

Listing Office:

  • Office Name: John L. Scott, Inc.
  • Listing Agent: Tim Conway

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Range, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Marble, Travertine, Carpet
  • Interior: Ceramic Tile, Hardwood, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar, Wine Cellar, Fireplace
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Seawall, Lake Front
  • View: Lake, Mountain(s)
  • Exterior: Stone, Stucco

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Paved, Secluded
  • Lot Size: 0.52 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Contact Listing Broker.

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,900,000
  • Price Per SqFt: $2,011/SqFt

Tax Information:

  • Annual Amount: $63,286
  • 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

8474 85th Ave SE vs Mercer Island

30 DAYS ON ROCKET

-26 Days

$14,900,000

+$12.7M More

$2,011/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $12.7M more than the Median Sold Price and $1.2K/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: #2213687

Listing Office:

  • Office Name: John L. Scott, Inc.
  • Listing Agent: Tim Conway

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: 4/27/2024, 9:17:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 18, 2002Home Sold
$1,700,000
Nov 18, 1998Home Sold
$1,305,000

Tax History

YEARPROP. TAXASSESSMENT
2020$63,286$7,910,000
2018$60,030$7,992,000
2017$66,900$7,714,000

History based on county public records data.

Payment Calculator

$74.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$44.7K

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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-1628431
8
/10
  • Lakeridge Elementary School

  • 8215 SE 78th St

  • 0.52 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1628432
8
/10
  • Islander Middle School

  • 8225 SE 72nd St

  • 0.87 miles

  • Public District Grades 6-8

High School

school-card-donut-1628433
10
/10
  • Mercer Island High School

  • 9100 SE 42nd St

  • 3.25 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $191,346. Typical income of Mercer Island, WA residents is $200k+ annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8474 85th Ave SE

What is the listing price of this property?

The listing price of 8474 85th Ave SE property is $14,900,000.

What type of property is this?

The property 8474 85th Ave SE is a house located in Mercer Island, Washington, 98040.

Is this property for sale now?

Active Listing: 8474 85th Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8474 85th Ave SE are:
Lakeridge Elementary School: GreatSchools Rating 8/10
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 $63,286 (source: MLS/based on county public records data).

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

The last sale was on January 18, 2002 for $1,700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8474 85th Ave SE has 5 bedrooms and 3 full and 3 half bathrooms.

What is the square footage of this property?

The property 8474 85th Ave SE is 7,410 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8474 85th Ave SE is 2004.
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Rocket Homes›Washington›King County›Mercer Island›98040›8474 85th Ave SE

This home is located at 8474 85th Ave SE in Mercer Island, WA and zip code 98040 in the Island Point neighborhood. This 7,410 square foot home, which was built in 2004, sits on a 0.52 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $14,900,000.

While more than 12 listings in Mercer Island, WA in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Mercer Island, WA between February 2024 and March 2024 increased by 41.5%. In March 2024 median list price was $2,195,000 and the average listing age was 56 days.

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

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