The Grandeur of
Country Estates
View Photos
Watch Film
360° VTour
Open House
4802 East Mercer Way, Mercer Island, Wa 98040
Nestled along coveted East Mercer Way, this east-facing waterfront estate offers more than 100 feet of private shoreline with panoramic views of Lake Washington and Mount Rainier. Designed as a custom home with timeless architectural detail and strong bones, the residence presents a rare opportunity: move in and refresh, embark on a luxury remodel, or explore redevelopment potential.
The property includes two primary suites, flexible living areas, and a back wing ideal for a MIL apartment or private quarters with kitchen and baths. A three-car garage with EV charging station, extensive storage, and generous ceiling details reflect the thoughtful design throughout. The gentle slope to the home, calm waters at this end of the island, and quick access north or south along East Mercer Way combine to make the setting both serene and convenient.
Waterfront amenities are exceptional. Ownership conveys 75% of the shared community dock, serving just five homes. This includes two slips on the front and south side, moorage for a 40-foot deep-keel sailboat, an electric lift for an 8,000 pound motorboat, and a 5,300 pound floatplane lift. An auxiliary structure between the subject property and its neighbor provides additional shared storage space.
Adding to its distinction, the home is part of Mercer Island’s historic Appleton community — the site of the island’s first settler in 1885. This heritage lends a sense of permanence and legacy, offering the new owner the chance to carry forward the neighborhood’s tradition while creating a modern vision of waterfront living.
Whether envisioned as a refined remodel, a multi-generational retreat, or a new construction estate, this property represents one of the island’s most compelling opportunities.
Property
Local Weather & Climate
Mercer Island, Washington
Walkability & Transit Scores
How easy is it to get around Mercer Island?
Walkability and transit scores for this address come from the EPA National Walkability Index.
Mortgage Calculator
Estimate your monthly payments for this property
Ready to explore financing?
Connect with trusted mortgage partners
- This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
- Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
- Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
- This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
- Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
- Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.
The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:
- Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
- May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
- Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
- Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.
Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.
Frequently Asked Questions
Common questions about this property
Schedule a Tour
Get in touch with our listing agents
More Listings
Explore more properties
9600 NE 28th St , Clyde Hill, WA 98004, Bellevue, Washington, United States.
Bellevue, Washington
1250 Alki Ave SW Unit #2C , Seattle, WA 98116, Seattle, Washington, United States.
Seattle, Washington
2372 Franklin Ave E , Seattle, WA 98102, Seattle, Washington, United States.
Seattle, Washington
250 SE Andrews St , Issaquah, WA 98027, Issaquah, Washington, United States.
Issaquah, Washington
2650 S Lakeshore Rd , Chelan, WA 98816, Chelan, Washington, United States.
Chelan, Washington
10030 NE 120th St Unit #J2 , Kirkland, WA 98034, Kirkland, Washington, United States.
Kirkland, Washington
303 E Pike St Unit #603 , Seattle, WA 98122, Seattle, Washington, United States.
Seattle, Washington
15616 lot 25 SE 257th Place , Covington, WA 98042, Kent, Washington, United States.
Kent, Washington
15608 lot 23 SE 257th Place , Covington, WA 98042, Kent, Washington, United States.
Kent, Washington
13698 NE 83rd St , Redmond, WA 98052, Redmond, Washington, United States.
Redmond, Washington
14671 36th Ct NE , Lake Forest Park, WA 98155, Lake Forest Park, Washington, United States.
Lake Forest Park, Washington
312 Prospect St , Seattle, WA 98109, Seattle, Washington, United States.
Seattle, Washington
Official Real Estate Games
Have fun discovering more properties while playing our real estate games — win prizes for ranking high!
Loading listings...