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Tere Foster
Carissa Saffel

Exquisite Waterfront Estate on Mercer Island

$9,500,000 5237 82nd Avenue SE, Mercer Island, WA 98040

A thoughtfully curated 2024 renovation and luxury details define this exquisite waterfront home on Mercer Island’s Gold Coast. With 112 feet of west-facing waterfront, 2 docks and ample space for all your watercraft, this home is a haven for those seeking the coveted lake lifestyle. Sweeping lake, Olympic Mountain and Seattle skyline views take center stage through floor-to-ceiling windows. Attention to detail throughout, from the luxury finishes to the thoughtful layout, make this reimagined home a true work of art. The open floor plan offers endless opportunities for indoor/outdoor living and entertaining including folding doors out to the patio—perfect for dining al fresco. Situated off sought-after Forest Avenue and minutes to fabulous island amenities.

  • For Sale
  • 5
  • 3.5
  • 1988
    Year Built
  • 4,280 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 4,280 Sq.Ft.
  • Lot Size: 24,866 Sq.Ft.
  • MLS® ID: 2247473
  • Type: Residential
  • Year Built: 1988
  • Water Frontage: 112
  • View Description: City, Lake, Mountain(s), Territorial
  • Elementary School:Island Park Elementary School
  • Middle School: Islander Middle School
  • High School: Mercer Island High School
  • School District: Mercer Island School District


  • Total Bedrooms: 5
  • Total Bathrooms: 3.5
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Fireplace: 2, Gas, Wood Burning
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Other Interior Features: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Security System, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater

Exterior & Building

  • Stories: 2
  • Garage Space: 2
  • Water Source: Public, Lake
  • Utilities: Power Production Type: Electric, Natural Gas
  • Roof: Flat
  • Lot Features: Lot Details: Dead End Street, Paved, Waterfront Description: Bank-Low, Lake, Building Condition: Remodeled, Cable TV, Dock, Gas Available, High Speed Internet, Irrigation, Moorage, Patio, Sprinkler System
  • Parking: Driveway, Attached Garage
  • Heat Type: Forced Air, Heat Pump
  • Air Conditioning: Central A/C
  • Sewer: Connected
  • Other Exterior Features: Exterior: Stucco


  • Sales Price: $9,500,000
  • Real Estate Tax: $46,850/yr

Exquisite Waterfront Estate on Mercer Island