This custom-built home presents a rare opportunity for those seeking both luxury & comfort. Nestled on over 1/3 acre in a prime mid-island location, this residence spans over 5,100 sq ft w/grand westerly views that allow you to enjoy extraordinary sights, incl holiday ships, the Blue Angels, & the spectacular Seattle skyline at sunset—an everyday indulgence. The thoughtfully designed flr plan includes a main flr master suite, open kitchen w/spacious eating area, and a great rm that seamlessly integrates entertainment and daily life. This charming gem is ready for your personal touch & style to transform it into your perfect sanctuary. 1,300 sq ft ADU with its own entrance & parking, offers versatility for guests or potential rental income.
This property is $1.3M more than the Median Sold Price and $80/SqFt less than other homes in Mercer Island, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2294371
Listing Office:
Office Name: South Lake Associates Inc.
Office Phone: (206) 452-2001
Listing Agent: Lily Koshiro
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 09, 2020
Mar 09, 2020Home Sold
$2,650,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$19,910
$2,487,000
2018
$17,782
$2,366,000
2017
$18,525
$2,135,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Island Park Elementary School
5437 Island Crest Way
Distance between this listing and this school0.40 miles
Public District Grades KG-5
9
/10
West Mercer Elementary School
4141 81st Ave SE
Distance between this listing and this school1.11 miles
Public District Grades KG-5
9
/10
Northwood Elementary School
4030 86th Ave SE
Distance between this listing and this school1.32 miles
Public District Grades PK-5
Nearby Schools
9
/10
Islander Middle School
8225 SE 72nd St
Distance between this listing and this school1.25 miles
Public District Grades 6-8
4
/10
Orca K-8 School
5215 46th Ave S
Distance between this listing and this school2.10 miles
Public District Grades KG-8
4
/10
Ridson Middle School
6928 116th Ave SE
Distance between this listing and this school2.38 miles
Public District Grades 6-8
Nearby Schools
10
/10
Mercer Island High School
9100 SE 42nd St
Distance between this listing and this school1.25 miles
Public District Grades 9-12
5
/10
Rainier Valley Leadership Academy
6020 Rainier Ave S
Distance between this listing and this school2.19 miles
Public Charter Grades 6-10
1
/10
Interagency Open Doors
3528 S Ferdinand St
Distance between this listing and this school2.65 miles
The neighbors living near this home have an average income of $176,667. Most Mercer Island, WA residents have annual incomes $200k+. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5243 Forest Ave SE
What is the listing price of this property?
The listing price of 5243 Forest Ave SE property is $3,695,000.
What type of property is this?
The property 5243 Forest Ave SE is a house located in Mercer Island, Washington, 98040.
Is this property for sale now?
Active Listing: 5243 Forest Ave SE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $19,910 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 9, 2020 for $2,650,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5243 Forest Ave SE has 5 bedrooms and 2 full and 2 half bathrooms.
What is the square footage of this property?
The property 5243 Forest Ave SE is 5,190 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5243 Forest Ave SE is 1987.
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This home is located at 5243 Forest Ave SE in Mercer Island, WA and zip code 98040 in the Groveland neighborhood. This 5,190 square foot home, which was built in 1987, sits on a 0.33 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $3,695,000.
Mercer Island, WA housing market in November 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. In November 2024 in Mercer Island, WA there were 31.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $2,300,000, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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