$2,325,000
Est. $11,793/mo5 bd•3,520 sq ft
4830 88th Place Se, Mercer Island, WA 98040
• Listed 2026-04-03•1 day on market
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About this home
Perfectly located in the heart of picturesque Mercer Island, this cool, unique, and fun home has been recently remodeled from top to bottom and is completely move in ready. Offering 5 bedrooms and 4 bathrooms, there is room for everyone to live, relax, and entertain in style. Gorgeous finishes shine throughout, blending modern updates with comfortable, everyday living. Designed for fun in every season, the home features a large, sunny entertainment sized deck, a full-size lighted pickleball/sports court, and a private indoor pool and spa—creating a true at home resort experience. Whether hosting gatherings, enjoying friendly competition, or unwinding year-round, this home delivers it all. Centrally located with easy access to everything Mercer Island has to offer. Stylish, spacious, and one of a kind—this is a home built for making memories. Let the good times roll.
Listed by Paula Holtzclaw • Coldwell Banker Bain
Listing updated: May 28, 2026 at 09:49am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2499914
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Around this home
Schools
Ratings via SchoolDigger- School #1043247023Public · Grades PK-5 · 9.9 mi · State rank 7 of 1,0001/10
- School #947074860Public · Grades 6-8 · 2.9 mi · State rank 146 of 1,0008/10
- School #1968294398Public · Grades 9-12 · 3.3 mi—
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.
Sold comparable homes
5 recent nearby sales, priced between $1.65M and $2.2M.

$1,750,000Last sold price
4825 88th Avenue Se, Mercer Island, WA 98040

$1,850,000Last sold price
4755 Fernridge Lane, Mercer Island, WA 98040

$1,650,000Last sold price
5 Wembley Lane, Mercer Island, WA 98040
Property details
Bedrooms
- 5 bedrooms total
Mortgage payment forecast
$14,118 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Lifestyle
2.7/10
Car-Dependent
Most errands require a car
2.0/10
Bike-limited
Few or no bike lanes
2.3/10
Minimal Transit
It is possible to get on a bus
Provided by Walk Score
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
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.
Recent sales nearby
Within 1 mile · last 6 months$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
0.3 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
0.4 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
0.2 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
0.4 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
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 12:12 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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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