$7,999,880
Est. $40,578/mo6 bd•0.5 ba•5,163 sq ft
18 Holly Lane, Mercer Island, WA 98040
• Listed 2026-05-12•New today
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About this home
Cruise home to a legacy estate on Mercer Island’s coveted Gold Coast—137± ft of private, no-bank Lake Washington frontage on the island’s prized west shore. Designed in 1974 for effortless entertaining, this custom five bedroom residence spans nearly 5,200± sf, centered around an updated kitchen that flows seamlessly to expansive indoor/outdoor gathering spaces. The primary suite enjoys tranquil views of Lake Washington, Seward Park, the Seattle skyline & Olympic Mtns, w/ private deck, two walk-in closets & luxe five piece bath. Upstairs offers two additional west-facing bedrooms & large bonus/media room. Panoramic sunsets linger to nearly 10pm—simply the pinnacle of MI waterfront living.
Listed by Scott Richards • Windermere Real Estate/East
Listing updated: May 28, 2026 at 03:09pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2522070
Around this home
Schools
Ratings via SchoolDigger- School #1915913512Public · Grades PK-5 · 9.3 mi · State rank 84 of 1,0008/10
- School #1831732361Public · Grades 6-8 · 2.7 mi · State rank 410 of 1,0008/10
- School #1979338291Public · Grades 9-12 · 3.5 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 $2.77M and $7.25M.

$7,250,000Last sold price
4207 Holly Lane, Mercer Island, WA 98040

$2,770,000Last sold price
8380 Se 43rd Street, Mercer Island, WA 98040

$3,575,000Last sold price
4032 W Mercer Way, Mercer Island, WA 98040
Property details
Bedrooms
- 6 bedrooms total
Bathrooms
- 1 half bathroom
Mortgage payment forecast
$48,578 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
1.6/10
Car required
Almost all errands need a car
0.8/10
Bike-limited
Few or no bike lanes
2.2/10
Minimal Transit
It is possible to get on a bus
Provided by Walk Score
Ask about this home
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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
0.6 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
0.8 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
0.8 mi
Distance
$8,850,000 Sold
5 weeks ago
4 bd•2.5 ba•~5,040 sq ft•Single Family
3639 W Mercer Way, Mercer Island, WA 98040
11%
Under list
—
Days on market
0.7 mi
Distance
$2,800,000 Sold
5 weeks ago
5 bd•1.5 ba•~3,840 sq ft•Single Family
5205 W Mercer Place, Mercer Island, WA 98040
1%
Under list
—
Days on market
1.0 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.
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