4835 Forest Avenue SE Mercer Island, WA 98040
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Julie Wilson, Windermere Real Estate Mercer Island; Trish Coy, Mercer Island

  4835 Forest Avenue SE Mercer Island, WA 98040

Active (27 Days)
$5,450,000 (USD)
3
BED
4
BATH
4,110
SQFT

Description

There is still time to spend your summer playing on sparkling Lake Washington! With a tempting new price, opportunity beckons you to seize this rare chance to own a west-facing waterfront estate on Mercer Island's premier Gold Coast. Its exceptional street-to-water lot encompasses nearly half an acre edged by 53 feet of prized western shoreline. You’ll savor front row views across the lake to the Seattle skyline and Seward Park, arguably among the most breathtaking vistas on the Island. Fully rebuilt in 2017, the massive, covered dock is a boater's dream complete with two boat lifts—one ready to accommodate a vessel up to 50,000 pounds. A grandfathered boathouse at the water's edge is a true rarity that can no longer be replicated under today's shoreline regulations. After a day making memories out on the lake, colorful sunsets carry you home to your waterside lawn and beautifully terraced walkway leading up to even more views from the house. The main residence plus a separate apartment above are offered as a blank canvas ready for your vision…whether that's a thoughtful renovation of the original mid-century design, or a ground-up rebuild to fully capture this irreplaceable setting. Add your signature style and create a new legacy to be loved for generations to come. Waterfront aficionados will recognize this extraordinary, diamond in the rough prospect to secure incredible views, coveted waterfront, and a boater's dock that simply can't be recreated.

MLS #:
2551386
Taxes
$31,124(2026)
Lot Size
0.47 acres
Type
Single-Family Home
Building Name
Flood-Dearborn Add
Year Built
1958
Style
2 Stories W/Bsmnt
Views
City, Lake, Territorial, Mountains
School District
Mercer Island
County
King County
Community
Westside

Listed By

Julie Wilson, Windermere Real Estate Mercer Island
Trish Coy, Windermere Real Estate Mercer Island
Source
Northwest MLS
Last checked Jul 8 2026 at 10:32 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
  • 3/4 Bathroom: 1
Interior Features
  • Wired for Generator
  • Dishwasher
  • Microwave
  • Disposal
  • Fireplace
  • Refrigerator
  • Dryer
  • Washer
  • Dbl Pane/Storm Window
  • Fireplace (Primary Bedroom)
  • Vaulted Ceiling(s)
  • Water Heater
  • Walk-In Closet(s)
  • Security System
  • Double Oven
  • Sprinkler System
  • Jetted Tub
  • Wine Cellar
  • Dining Room
  • Stove(s)/Range(s)
Subdivision
  • Westside
Lot Information
  • Dead End Street
  • Paved
Property Features
  • Deck
  • Dock
  • Gas Available
  • Shop
  • Moorage
  • Cable Tv
  • High Speed Internet
  • Sprinkler System
  • Boat House
  • Fireplace: Gas
  • Fireplace: Wood Burning
  • Fireplace: 3
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
  • Radiant
  • Ductless
Basement Information
  • Daylight
  • Partially Finished
Flooring
  • Carpet
  • Vinyl Plank
  • Ceramic Tile
Exterior Features
  • Metal/Vinyl
  • Roof: See Remarks
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Islander Mid
  • High School: Mercer Isl High
Parking
  • Driveway
  • Off Street
  • Attached Carport
Stories
  • 2
Living Area
  • 3,670 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 7/8/2026 22:32. 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.