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8474 85th Ave SE, Mercer Island, WA, 98040

$13,900,000

5 Bedrooms
3 Full Baths, 3 Partial
7,410 SqFt
$1,876/SqFt
House

Location

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Property Highlights

ParkingDetached Garage
Garage3 spaces
Year Built2004
HeatingForced Air, Heat Pump, Radiant
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontSeawall, Lake Front
FireplaceGas
ViewLake, Mountain(s)
MLS #2292840
Lot Size0.52 Acres
StatusActive

About 8474 85th Ave SE

Perched on the shores of Lake Washington, this distinct Italian estate extends over 100 feet of private waterfront. Striking walnut floors, custom woodwork, and imported Italian Albertini doors and windows display impeccable craftmanship. A timeless beauty elevated with modern convenience, as seen in the lavish dining room overlooking the lake with exquisite crystal details. Designed for a chef, the stunning epicurean kitchen is equipped with the finest appliances. The primary suite affords a sitting room to sip coffee fireside while taking in sunrise views and a spa-inspired marble bath to relax and recharge. Spend summers outdoors on the decks or gazebo and on the lake with a private dock. The pinnacle of living in the Pacific Northwest.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 7,410 SqFt

Listing Office:

  • Office Name: John L. Scott, Inc.
  • Office Phone: (206) 232-8600
  • Listing Agent: Tim Conway

Interior Features

Interior Information:

  • Appliances: Double Oven, Disposal
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Marble, Travertine, Carpet
  • Interior: Second Kitchen, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hardwood, High Tech Cabling, Jetted Tub, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wine Cellar
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Seawall, Lake Front
  • View: Lake, Mountain(s)
  • Exterior: Stucco

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Virtual/3D Tour

  • 3D Tour: 8474 85th Ave SE
3D Tour

Lot Features

Lot Information:

  • Lot: Paved, Secluded
  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Radiant
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: East Mercer/West Mercer to 85th Ave SE. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $13,900,000
  • Price Per SqFt: $1,876/SqFt

Tax Information:

  • Annual Amount: $63,286
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mercer Island, WA.

Med. Sold Price

$2.3M

Med. Price/SqFt

$787

Avg. Days On Market

35

# of Sold Homes

33

8474 85th Ave SE vs Mercer Island

56 DAYS ON ROCKET

+21 Days

$13,900,000

+$11.5M More

$1,876/SqFt

+$1K More

KEY TAKEAWAY

This property is $11.5M more than the Median Sold Price and $1K/SqFt more 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: #2292840

Listing Office:

  • Office Name: John L. Scott, Inc.
  • Office Phone: (206) 232-8600
  • Listing Agent: Tim Conway

IDX 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.

IDXThe 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.

DMCA Notice

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: 11/15/2024, 1:47:47 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

Jan 18, 2002Home Sold
$1,700,000
Nov 18, 1998Home Sold
$1,305,000

Tax History

YEARPROP. TAXASSESSMENT
2020$63,286$7,910,000
2018$60,030$7,992,000
2017$66,900$7,714,000

History based on county public records data.

Payment Calculator

$69.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$41.7K

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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.

Nearby Schools

school-card-donut-479009
9
/10
  • Lakeridge Elementary School

  • 8215 SE 78th St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-479010
6
/10
  • Kennydale Elementary School

  • 1700 NE 28th St

  • 1.42 miles

  • Public District Grades KG-5

school-card-donut-479011
4
/10
  • Emerson Elementary School

  • 9709 60th Ave S

  • 1.73 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $191,346. The most common annual income of people living in Mercer Island, WA is $200k+. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8474 85th Ave SE

What is the listing price of this property?

The listing price of 8474 85th Ave SE property is $13,900,000.

What type of property is this?

The property 8474 85th Ave SE is a house located in Mercer Island, Washington, 98040.

Is this property for sale now?

Active Listing: 8474 85th 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 $63,286 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 18, 2002 for $1,700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8474 85th Ave SE has 5 bedrooms and 3 full and 3 half bathrooms.

What is the square footage of this property?

The property 8474 85th Ave SE is 7,410 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8474 85th Ave SE is 2004.
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Rocket Homes›Washington›King County›Mercer Island›98040›8474 85th Ave SE

This home is located at 8474 85th Ave SE in Mercer Island, WA and zip code 98040 in the Island Point neighborhood. This 7,410 square foot home, which was built in 2004, sits on a 0.52 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $13,900,000.

While more than 11 listings in Mercer Island, WA in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 16 were sold below. The number of listings in Mercer Island, WA decreased by 10.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 35 days, the median list price was $2,308,333.

From Rocket Homes Real Estate and based on county public records data.

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