$9,398,000
Est. $47,670/mo6 bd•1 ba•9,640 sq ft
5044 Butterworth Road, Mercer Island, WA 98040
• Listed 2025-09-29•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 4:24 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.
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Iconic Mercer Island Waterfront! Set on 89’ of low-bank Lake Washington shoreline, along the coveted Butterworth Rd, this partially renovated home presents a rare framework to create a signature waterfront masterpiece. Private 95’ seaplane capable dock, 54’ indoor lap pool, and a grand atrium. Embrace East-facing exposure with panoramic water, sunrise and moonrise views. Existing updates provide a head start to utilize this canvas to bring your vision to fruition. Implement your creativity while enjoying seamless indoor & outdoor living with timeless lake views. Premier location with top-tier schools, parks, and the best of the PNW. A rare chance to shape a custom waterfront estate in one of Mercer Island’s most desired enclaves.
Listed by Michael Nix • Keller Williams Rlty Bellevue
Listing updated: January 31, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2438780
2 recent nearby sales, priced between $8M and $25M.
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Robyn Kimura Hsu · Realogics Sotheby's Int'l Rlty
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
0.9 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
0.5 mi
Distance
$2,995,000 Sold
3 weeks ago
5 bd•3 ba•~3,694 sq ft•Single Family
8910 Se 54th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.5 mi
Distance
$1,925,000 Sold
4 weeks ago
5 bd•1 ba•~3,100 sq ft•Single Family
9027 Se 50th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.4 mi
Distance
$2,340,000 Sold
5 weeks ago
4 bd•1 ba•~3,020 sq ft•Single Family
8413 Se 53rd Place, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.7 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
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.