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Nearby open houses (8)
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Open Sat, May 30 +1
Open Sat, May 30 +1
Open Sat, May 30
Open Sat, May 30 +3
Open Sat, May 30 +1
Open Sat, May 30 +1
Open Sat, May 30 +1$1,695,000
Est. $8,598/mo3 bd•1,830 sq ft
4047 86th Avenue Se, Mercer Island, WA 98040
• Listed 2025-09-18•New today
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 7:31 PM PDT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Investor Alert! Rare opportunity to own a large lot in a premier Mercer Island location. Build your custom dream home or transform the existing rambler to perfectly fit your lifestyle. Ideally situated just steps from Northwood Elementary, Mercer Island High School, the Boys & Girls Club, and the Mercer Island Indoor Pool—this property offers unmatched convenience and a chance to create your vision in one of the island’s most sought-after neighborhoods.
Listed by Jay Ohm • Realogics Sotheby's Int'l Rlty
Listing updated: November 3, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2433991
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
See more →Open Sat, May 30 +1Open Sat, May 30 +1Open Sat, May 30Open Sat, May 30 +3Open Sat, May 30 +1Open Sat, May 30 +1Open Sat, May 30 +15 recent nearby sales, priced between $1.38M and $2.04M.
$1,665,000Last sold price
4047 86th Avenue Se, Mercer Island, WA 98040
$1,665,000Last sold price
8439 Se 39th Street, Mercer Island, WA 98040
$1,375,000Last sold price
3911 88th Avenue Se, Mercer Island, WA 98040
$10,293 per month
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Mercer Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 28 days.
$1,750,000 Sold
1 week ago
4 bd•1.5 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.7 mi
Distance
$2,215,000 Sold
1 week ago
4 bd•2.5 ba•~4,440 sq ft•Single Family
9261 Se 46th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.8 mi
Distance
$2,785,000 Sold
2 weeks ago
4 bd•2.5 ba•~3,270 sq ft•Single Family
3712 88th Avenue Se, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.3 mi
Distance
$3,000,000 Sold
2 weeks ago
4 bd•3 ba•~4,240 sq ft•Single Family
8612 Se 36th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.4 mi
Distance
$3,900,000 Sold
4 weeks ago
4 bd•2.5 ba•~3,779 sq ft•Single Family
3406 97th Avenue Se, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
5.2/10
Somewhat Walkable
Some errands can be done on foot
3.9/10
Some bikeability
Minimal bike infrastructure
2.3/10
Minimal Transit
It is possible to get on a bus
Provided by Walk Score
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.