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Mercer Island, WA
/
Lake Washington Waterfront
/
Mercer Island Waterfront
Contact Us
32 Photos layers Layout publicLocation signpostStreetView directionsDirections mapMain Map
Pending Went pending in 6 days
$4,950,000
2 Bedrooms
1 Bathroom
1,260 Sqft House
Waterfront
Built 1944
10,300 Sqft Lot
2-Car Garage
8431 85th Ave SE Mercer Island WA 98040
PENDING SALE. This listing went Pending on July 20, 2024

Some pending sales don't become final. Contact Us if this property is really important to you so we can check on it right now. The seller has reached an agreement with a buyer to sell this property. If things go as planned, the sale will become final in the near future. The buyer and seller have agreed on a price but it's not public until the sale closes. The last published list price was $4,950,000.
Rare opportunity to create your own waterfront oasis on the coveted South End of Mercer Island. 55 feet of lakefront and an existing private dock and exceptional views of Lake Washington and Mt. Rainier. 10,300 sq. ft. mostly level lot. The cute, 2 bedroom 1940's cottage is 1,260 sq. ft. needs work but with a new roof and some updates and maybe an addition would make a nice home! If you are looking to build a new house the lot provides an excellent opportunity in an area of very expensive homes. Bring your architect or builder and explore the many options. Enjoy the great view from the dock or from the large deck. Award winning Mercer Island schools and close to South End amenities. Contact your agent to view the property.
Offer Review
No offer review date was specified
Listing source NWMLS MLS#
2262442
Listed by listing broker
Tim Conway, John L. Scott, Inc.
Contact our
Mercer Island Waterfront
Real Estate Lead
Wicklund Real Estate
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Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
FULL
BTH
Property History
Jul 20, 2024
Went Pending
$4,950,000
NWMLS #2262442
Jul 15, 2024
Listed
$4,950,000
NWMLS #2262442
More
Listing Details
  • Status
    Pending
  • Last Listed Price
    $4,950,000
  • Original Price
    Same as current
  • List Date
    July 15, 2024
  • Last Status Change
    July 20, 2024
  • Last Update
    July 20, 2024
  • Days on Market
    54 Days
  • Cumulative DOM
    6 Days
  • Pending Date
    July 20, 2024
  • Days to go Pending
    6
  • $/sqft (Total)
    $3,929/sqft
  • $/sqft (Finished)
    $3,929/sqft
  • Listing Source
    NWMLS
  • MLS Number
    2262442
  • Listing Broker
    Tim Conway
  • Listing Office
    John L. Scott, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $25,948 / month
  • Property Taxes
    $1,621 / month
  • Homeowners Insurance
    $325 / month
  • TOTAL
    $27,894 / month

  • based on 20% down
    ($990,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    1,260 sqft
  • Sqft (Finished)
    1,260 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    1 Bathroom
  • Lot
    10,300 sqft Lot
  • Lot Size Source
    Realist
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    1 story
  • Basement
    None
  • Sqft Source
    Realist
Property Tax Info
  • 2024 Property Taxes
    $19,455 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Mercer Island
  • Elementary
    Buyer To Verify
  • Middle
    Islander Mid
  • High School
    Mercer Isl High
Waterfront
  • Waterfront
    Yes
  • Type
    Bank-Low
    Bulkhead
    Lake
    No Bank
  • Frontage
    55 Feet
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    2-Car
  • Types
    Detached Carport
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    2
  • Carport Stalls
    2
Views
  • City
    Lake
    Mountain(s)
Construction
  • Year Built
    1944
  • Home Builder
    Unspecified
Cooling
  • Includes
    Forced Air
Heating
  • Includes
    Baseboard
Interior
  • Flooring
    Concrete
  • Features
    Concrete
    Fireplace
Property
  • Lot Features
    Dead End Street
    Paved
  • Site Features
    Deck
    Dock
    Gas Available
    High Speed Internet
    Moorage
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Energy
    Electric
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    Yes
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 510
  • Number of Photos
    32
  • Last Modification Time
    Saturday, July 20, 2024 6:23 PM
  • System Listing ID
    5344455
Update Info
  • Pending Or Ctg
    2024-07-20 11:37:41
  • First For Sale
    2024-07-15 21:40:39
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Sharing

 
Pending July 20, 2024
$4,950,000  
2 Beds   1 Bath   1,260 SQFT  
Listing courtesy NWMLS NWMLS #2262442. Tim Conway, John L. Scott, Inc.
Map 
 
Listing details based on information submitted to the MLS GRID as of Saturday, July 20, 2024 11:23 AM. 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.
BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.