98040 Homes with Good Building Condition

98040 Homes with Good Building Condition

Welcome to the enchanting zip code 98040, nestled in the heart of Mercer Island, Washington. This picturesque area is a hidden gem in King County, offering a perfect blend of suburban tranquility and urban convenience. With its stunning waterfront views of Lake Washington and a backdrop of lush greenery, 98040 is a haven for nature lovers and outdoor enthusiasts alike.

Mercer Island is renowned for its exceptional quality of life, and the homes in this zip code reflect that commitment to excellence. You’ll find properties in good building condition, showcasing a variety of architectural styles that cater to diverse tastes. From charming single-family homes to modern masterpieces, each residence is thoughtfully designed to provide comfort and functionality. Many homes feature spacious layouts, updated amenities, and beautifully landscaped yards, making them perfect for families or those looking to settle down in a peaceful community.

In addition to the impressive homes, 98040 boasts a vibrant local culture with access to top-rated schools, parks, and recreational facilities. Residents enjoy a plethora of activities, from hiking trails and waterfront parks to community events that foster a strong sense of belonging. With easy access to Seattle via I-90, you can savor the best of both worlds—serene suburban living with the excitement of city life just a short drive away.

Discover the charm of Mercer Island and explore the wonderful opportunities that await you in zip code 98040. Your dream home is waiting!

Newest 98040 Homes with Good Building Condition

4408 E Mercer Way, Mercer Island
$2,998,000
5 Beds ⋅ 4 Baths ⋅ 2589293 MLS ⋅ ACTIVE Status
Certain features just stand out when you walk into this home. Maybe it's the way the vaulted ceilings and walls of glass pull in the ever changing views of Lake Washington, or how every room feels connected to the outdoors. Mornings begin with the sun rising over the lake, evenings end on the rooftop deck, and in between there's plenty of room to gather, celebrate, or simply enjoy a quiet night at home. The remodeled kitchen and generous living spaces flow effortlessly onto a deck that stretches the length of the house, overlooking a level backyard and the kind of peaceful setting where eagles and deer are regular visitors. The primary suite is a retreat of its own with a fireplace, soaring ceilings, a spacious bath, and an adjoining room that can be a home office, nursery, fitness room, or inspiring art studio. Two additional bedrooms continue the theme with vaulted ceilings and abundant natural light. Above the 3-car garage is a completely separate space that's ideal for anyone working from home, with room for several people to work comfortably. It could also be easily transformed into an ADU for guests, extended living, or rental income. The lower level was designed for making memories, with room for movie nights, a pool table, additional bedrooms, a sauna, and easy access to the backyard. Tucked into Mercer Island's north end, you'll enjoy quick access to Mercerwood Shore Club, schools, parks, and I-90, while feeling surrounded by nature every day.

4408 E Mercer Way, Mercer Island

Listing Broker: John L. Scott, Inc.; Lori Holden Scott; 206-232-8600; Lorih@johnlscott.com

8279 W Mercer Way, Mercer Island
$7,650,000
6 Beds ⋅ 6 Baths ⋅ 2577190 MLS ⋅ ACTIVE Status
Experience the pinnacle of luxury waterfront living on West Side. Nestled on 100' of coveted Lake Washington shoreline, this extraordinary low bank estate offers breathtaking panoramic views of Mt Rainier, spectacular sunsets & an unparalleled lifestyle by water. The newer private dock w/deep-water moorage, 2 boat lifts for endless fun water recreation. A dramatic vaulted foyer welcomes u into sun-drenched living spaces enhanced by soaring ceilings, expansive skylights & 5 inviting gas fireplaces. The magnificent 6,670 SQF home showcases timeless PNW architecture, exceptional craftsmanship & premium-quality construction throughout. Featuring 6 bedrooms/Den & 5.5 bath, including lavish primary suite w/view deck. The formal living & dining rooms provide sophisticated gathering spaces, Chef's kitchen w/SS appliances &center island, the front & back decks wrap around all levels, creating a seamless connection between indoor & outdoor living & maximizing stunning lake/Mt. views from nearly every room. The lower level features a spacious recreation room, 2nd kitchen/wet bar/wine cellar, & gym, all opening to a generous lakeside deck-perfect for sunset gatherings. Additional amenities includes outdoor jetted spa, 3 high-efficiency heat pumps providing comfort throughout and 3-car garage w/EV charging. A rare opportunity to own one of the Island’s premier estates—where iconic design, natural beauty, and resort-style living come together to create the ultimate PNW sanctuary.

8279 W Mercer Way, Mercer Island

Listing Broker: MY International Real Estate; Mei Young; 206-696-9113; mei@myirealestate.com

Mercer Island
$550,000
2575768 MLS ⋅ ACTIVE Status
Restaurant Business Opportunity! An excellent opportunity to acquire an established restaurant with a fully equipped commercial kitchen, inviting dining area, and strong potential for continued growth. The business name, exact location, financial information, and additional details will remain confidential. Interested buyers must sign a Non-Disclosure Agreement before receiving further information. Please do not contact employees, customers, or visit the business without a confirmed appointment.

Mercer Island

Listing Broker: Keller Williams Realty PS; Rodolfo HERNANDEZ MCINTYRE; ; Rodolfo@KW.com

7921 E Mercer Way, Mercer Island
$2,100,000
4 Beds ⋅ 3 Baths ⋅ 2573488 MLS ⋅ ACTIVE Status
Nestled into the hill, halfway between Mercer Island Beach Club and Clark Beach Park, this beloved 1966 one-owner home exudes charm, character, and solid construction qualities. All front rooms were designed to enjoy partial lake views, including its upper balcony which extends the full length of the house. A grand piano sat in the spacious living room, where one could play and converse while seeing the lake. The kitchen was updated in 2014 and has ample storage, counter space and casual eating areas. Just off the kitchen is the cozy Family Room, wiith wood-burning fireplace, hardwood floors, and beautiful lake view. Dine 'al fresco' on the back patio under the trellis or throw a soiree inside the formal dining room. Catch some sun on the front patio or wander down to the creek running through the hillside. The basement rec room is great for movie nights, video gaming, slumber parties, or hobbies. The Primary Suite has a large walk-in-closet and french doors onto the view balcony. A whole house standby generator is great for occasional power outages. Highly rated schools. Just minutes to South End Shopping.

7921 E Mercer Way, Mercer Island

Listing Broker: Windermere Real Estate/East; Grace Currier; 206-478-2097; gcurrier@windermere.com

4715 81st Avenue SE, Mercer Island
$3,785,000
4 Beds ⋅ 5 Baths ⋅ 2574855 MLS ⋅ ACTIVE Status
Some homes are built to impress. This one was built to endure. Thoughtfully designed by renowned architect Curtis Gelotte and expertly crafted by Bender Chaffey, this custom residence has been cherished by its original owners since the day it was completed and is now offered for sale for the first time. Perched high above Mercer Island's storied Forest Avenue, the home enjoys sweeping western views across Lake Washington to Seward Park, while a rare large, level yard and expansive entertaining decks create an effortless connection between home and landscape. Soaring ceilings and walls of glass invite natural light deep into the living spaces, changing with the seasons and the time of day. Every line, proportion, and material was carefully considered, creating a home that feels as timeless today as it did when it was first imagined. Formal and informal spaces unfold naturally, balancing grand entertaining with comfortable everyday living. There is a quiet confidence to this home. Nothing feels excessive, yet every detail reflects exceptional craftsmanship and thoughtful design. It is a home that rewards careful attention, revealing new details with every visit. Rarely does a residence of this caliber, designed by one of the Northwest's most respected architects and built by one of Mercer Island's premier builders, become available. More than a home, it is a legacy property, created with intention and ready for its next chapter.

4715 81st Avenue SE, Mercer Island

Listing Broker: John L. Scott, Inc.; Lori Holden Scott; 206-232-8600; Lorih@johnlscott.com

9360 Mercerwood Drive, Mercer Island
$2,399,000
5 Beds ⋅ 3 Baths ⋅ 2571706 MLS ⋅ ACTIVE Status
Light filled view home. Soaring ceilings, walls of glass, and abundant skylights fill this beautifully updated Mercerwood home with natural light from sunrise over the Cascades to vibrant sunset skies. The versatile floor plan offers 3 bedrooms on the main level and 2 below, creating ideal separation for guests, multigenerational living, or potential ADU/rental use (buyer to verify). At the heart of the home, the open kitchen flows seamlessly to the expansive entertainment deck, perfect for indoor-outdoor living. Updated bathrooms, generous living spaces, and a 3-car garage provide comfort and functionality for today's busy lifestyle. Exceptional sun exposure nurtures flourishing gardens, fruit trees, and colorful flowers, creating a private outdoor retreat. Located in the sought-after Mercerwood neighborhood, this bright, welcoming home offers the perfect blend of flexibility, views, and everyday convenience.

9360 Mercerwood Drive, Mercer Island

Listing Broker: Realogics Sotheby's Int'l Rlty; Diane Tien; 206-673-7206; diane.tien@rsir.com

7639 SE 29th Street, Mercer Island
$1,215,000
3 Beds ⋅ 3 Baths ⋅ 2564896 MLS ⋅ ACTIVE Status
Rare Opportunity to own 3,132 sq. ft. on Mercer Island for under $1.5M! Spacious 3-bedroom, 2.5-bath home with bonus/media room offering the comfort of a traditional home with the ease of townhome living. Prime location near downtown Mercer Island, shopping, dining, light rail, I-90 access, and directly across from Metropolitan Market. Updated interior with fresh paint, refreshed kitchen cabinets, engineered hardwood floors, newer carpeting, recessed lighting, and a light-filled, move-in-ready feel. Main floor features a cozy family room with fireplace, spacious living and dining area with a second fireplace, and access to a private garden patio. Upper-level primary suite offers vaulted ceilings, a walk-in closet, an expansive bath, and a private balcony retreat. Strong HOA with monthly dues that provide exceptional value, covering an extensive package of amenities and utilities. Community clubhouse with one of Mercer Island's largest outdoor pools. Additional detached parking garage provides convenient overflow parking, complemented by abundant guest parking and curbside parking in front of the home and adjacent to Metropolitan Market. Exceptional space, location, lifestyle, and value on Mercer Island!

7639 SE 29th Street, Mercer Island

Listing Broker: COMPASS; Scott Gibbons; 425-890-7140; scott.gibbons@compass.com

6560 81st Avenue SE, Mercer Island
$1,750,000
4 Beds ⋅ 3 Baths ⋅ 2559621 MLS ⋅ ACTIVE Status
Ideally situated on Mercer Island's sought-after south end, this beautifully refreshed 4-bedroom, 2.5-bath home offers the perfect blend of privacy, comfort, and everyday convenience. A gracious entrance sits above the street and welcomes you home. Bathed in natural light, the dramatic living room showcases soaring vaulted ceilings and stunning floor-to-ceiling cathedral windows that frame peaceful views of the surrounding trees, creating a warm and welcoming first impression. Fresh interior and exterior paint, new kitchen appliances, and move-in-ready condition make settling in effortless. The primary suite is a true retreat, complete with a walk-in closet and private bath. Three bedrooms on the main level provide ideal functionality, while the lower level features a fourth bedroom and an expansive recreation room ready for movie nights, game days, or a quiet reading escape. Just off the dining room, a private deck offers a tranquil outdoor retreat—perfect for al fresco dining, morning coffee, or unwinding on a cozy sofa surrounded by nature. The serene backyard provides even more space to entertain, play, or simply relax in complete privacy. With a two-car garage, generous living spaces, and close proximity to top-rated schools, parks, and the south end shopping center, this home offers the Mercer Island lifestyle at its best.

6560 81st Avenue SE, Mercer Island

Listing Broker: Windermere Mercer Island; Laurie Pettigrew Givan; 425-830-1858; lauriegivan@windermere.com

4739 Fernridge Lane, Mercer Island
$2,299,000
5 Beds ⋅ 6 Baths ⋅ 2557722 MLS ⋅ ACTIVE Status
A Swiss Mountain Lodge or French Alps Chalet? Driving uphill on narrow and steep rd, the lake view property sits on hilltop. Spanish tiles & tri-color exterior make it visually interesting. Tree house like, updated PNW lodge of 4,100+ sq ft with 5 bedrms, 5.5 bathrms. Double entrance doors lead to dramatic 2-story living room, soaring 22’ open-beams & cedar ceilings, a wall of 42 glass panels w/ abundant natural light. Front deck, living & master bedrm have lake view. Backside is steep drop valley w/ total privacy. Brazilian Tiger Wood Hardwood flow most of house. Upstairs luxurious 24’ x 48’ primary suite w/ fireplace is true sanctuary, with spa-inspired ensuite bath, walk-in closets, connecting to a flex room w/ its own fireplace. Can be office or kid’s bedrm. Craftman stair connects flex rm to a full bathrm on main level. Big and open kitchen has granite countertops, original oak cabinets, water filters, newer Samsung refrigerator with tablet screen and newer dishwasher. Formal dinning room w/ fireplace. 3 additional bedrms and 3 full bathrms on lower level. Each bedrm has a door to lower deck, which is more than 10 ft above ground. Total 4 gas fireplaces and 5 California Closets. Front has limited flat yard but plenty of spaces for flowers. Back has no yard but newer & expansive Trex decks on main & lower levels.Newer gas furnace & A/C. 50 AMPs Level II EV charger, central vacuum, modern garage door. Recent inspection report identifies only one repair item.

4739 Fernridge Lane, Mercer Island

Listing Broker: WeLakeside; Richard Liu; 206-613-9532; zfiusa@gmail.com

8001 West Mercer Street, Mercer Island
$3,500,000
4 Beds ⋅ 2 Baths ⋅ 2547263 MLS ⋅ ACTIVE Status
100 ft of private exclusive waterfront. Finger dock for your 65+ yacht. Down to the studs, this rare west-facing Mercer Island waterfront opportunity with an irreplaceable grandfathered foundation positioned just feet from the shoreline—a location that could not be recreated under today's regulations. Private driveway leads to a secluded setting with expansive Lake Washington, Mount Rainier and island views. Feasibility work, survey and due diligence have been completed, offering valuable information for buyers exploring restoration, renovation or redevelopment within applicable regulations. Enjoy extraordinary boating access, stunning sunsets and a peaceful natural setting where eagles soar overhead and wildlife is part of daily life. Additional value includes a first right of offer on the adjacent waterfront property at 8025 W Mercer Way, creating a rare opportunity for a larger waterfront estate assemblage. An exceptional chance to secure one of Mercer Island's most unique waterfront settings.

8001 West Mercer Street, Mercer Island

Listing Broker: Realogics Sotheby's Int'l Rlty; Diane Tien; 206-673-7206; diane.tien@rsir.com

4336 E Mercer Way, Mercer Island
$2,199,000
4 Beds ⋅ 3 Baths ⋅ 2543333 MLS ⋅ ACTIVE Status
Lake Washington views and shared waterfront! Your beach house lifestyle starts here, in a custom Northwest gem thoughtfully crafted to take advantage of its incredible 1/3-acre setting. Dramatic windows and soaring ceilings flood the open layout with year-round light and lush scenery. Gather friends around the inviting floor-to-ceiling fireplace on cool evenings. On sunny days, two sliders open from the living/dining area to the wrap-around lake view deck for effortless outdoor enjoyment. Prep your favorite meals alongside sparkling lake vistas in the spacious, open kitchen. A generous island with breakfast bar extends into the comfy, fireside living room. Stroll down for beachside fun at the semi-private waterfront shared with only your Ridgetop Beach Club neighbors…its level lawn makes it the perfect spot to host parties or launch your kayak! At the end of the day, retreat upstairs to your dream owner’s suite with lake view, lofty cathedral ceiling, en-suite bath, and walk-in closet. Three more bedrooms plus a downstairs rec room provide ample space and privacy for everyone. Lovingly cared for by the same family for the past 40 years, this home is move-in ready with fresh paint, new carpeting, a newer furnace, natural hardwoods, and many interior/exterior upgrades throughout. Great location near easy I-90 access to Seattle/Bellevue and close to the Mercerwood Shore Club, too!

4336 E Mercer Way, Mercer Island

Listing Broker: Windermere Mercer Island; Mark Oordt; 206-909-2338; oc@windermere.com

5709 80th Avenue SE, Mercer Island
$1,586,000
3 Beds ⋅ 2 Baths ⋅ 2523138 MLS ⋅ ACTIVE Status
This Northwest gem is hidden away in a magical forest setting just steps from the beach. Its iconic A-frame design combines the best of an open-concept floor plan and inviting living areas, with the lofted primary bedroom and the living/dining spaces both illuminated by a wall of windows facing Lake Washington. Soaring, cedar-beamed ceilings lend a sense of spaciousness that still feels snug and inviting. Spend cool evenings basking in the warmth of the wood stove. Cooks will appreciate the 5-burner Samsung gas stove and Fisher Paykel refrigerator. The kitchen counter opens to the vaulted dining area for easy entertaining. Two spacious main floor bedrooms in addition to the large primary loft provide extra room to spread out or work from home. Sunny days beckon you out to the expansive deck... You’ll be enchanted by the picturesque privacy and glimpses of the lake, with a treehouse feel straight out of your childhood dreams. Don’t miss the ADU potential on this large lot. Surrounded by such serenity, it’s easy to forget how close you are to top-rated schools, shopping, restaurants, and easy I-90/light rail access to Seattle or Bellevue. Rarely do you find a secret oasis in such a prime location!

5709 80th Avenue SE, Mercer Island

Listing Broker: Windermere Mercer Island; Cynthia L Schoonmaker; 206-683-2725; cynthias@windermere.com

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