Mercer Island Real Estate Search

Mercer Island Properties between $2,500,000 and $5,000,000 for Sale

Our website features the best real estate search for between $2,500,000 and $5,000,000 properties available in Mercer Island and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Mercer Island real estate market? Sign up for a  Mercer Island Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Mercer Island Properties between $2,500,000 and $5,000,000 for Sale

$4,995,000
7 Beds 5 Baths 2559422 MLS ACTIVE Status
Rare opportunity to secure a fully permitted custom residence on Mercer Island before construction begins. Designed by Seattle-based Citizen Design, this modern home blends timeless architecture with functional living and refined interiors while allowing buyers to personalize select finishes prior to construction. Thoughtfully designed for natural light and seamless indoor-outdoor living, the home offers expansive gathering spaces, a chef's kitchen with oversized island and butler's pantry, dedicated office, main-floor guest suite, mudroom, and covered outdoor living area. Upstairs, the private primary suite features dual walk-in closets and a spa-inspired bath with heated floors, soaking tub, and oversized shower. Three additional bedrooms, two baths, and a laundry room complete the level. The lower level includes a theater, recreation room, wet bar, and guest suite with separate exterior access. White oak flooring, rift-cut oak cabinetry, natural stone, handmade tile, brushed brass fixtures, and carefully selected finishes create a warm, timeless palette inspired by the Pacific Northwest. Designed for everyday living and entertaining, the home balances open gathering spaces with private retreats. Fully approved and permit-ready, buyers can avoid years of planning while retaining the opportunity to participate in select finish selections before construction begins. Architecture and interiors maximize livability, natural light, and connection to the surrounding landscape.

6427 E Mercer Way, Mercer Island

Listing courtesy of Real Residential.

$2,500,000
5 Beds 6 Baths 2557722 MLS ACTIVE Status
This lake view lodge-style retreat is a hidden gem nestled on the hilltop off E Mercer Way. Offering exceptional privacy, a resort-inspired setting. Beautifully updated home combines timeless Spanish and NW architecture with modern comfort in one of the most sought-after neighborhoods. A dramatic 2-story entry welcomes you into an impressive great room featuring soaring 22’ open-beam cedar ceilings, walls of windows flood the home with natural light, a double-sided stone fireplace that creates a warm, inviting atmosphere. Designed for both everyday living & entertaining, the spacious interior seamlessly connects to expansive outdoor decks overlooking the lake, mountain & tranquil surroundings. Hardwood fls throughout & 5 updated full bathrms. The upstairs luxurious 24’ x 48’ primary suite serves as a private sanctuary, spa-inspired ensuite bath, generous walk-in closets. Conveniently connected to a flex space w/ its own fireplace, which can be an office or young kid’s bedrm. The lower level offers 3 addtal bedrms, 3 bathrms w/ direct access to outdoor decks, providing flexible living for guests or multi-generational needs. While the prime mid-island location provides convenient access to award-winning schools, parks, scenic trails, shopping, dining, I-90, and the vibrant employment centers of Bellevue and Seattle. A rare opportunity to own an exceptional home that perfectly blends top schools, privacy, craftsmanship, natural beauty & the coveted Mercer Island lifestyle.

4739 Fernridge Lane, Mercer Island

Listing courtesy of WeLakeside.

$2,599,000
4 Beds 4 Baths 2554928 MLS ACTIVE Status
Nestled on a quiet private lane just moments from Pioneer Park, this spacious Mercer Island home offers 4530 sq ft of thoughtfully designed living space with exceptional flexibility for today's lifestyle. The functional floor plan features four bedrooms, an office with built-ins, formal living and dining rooms and a versatile bonus room—offering comfortable spaces for living, working, relaxing, and entertaining. The expansive primary suite provides a peaceful retreat with a walk-in closet, private deck, and adjoining sitting room that easily serves as a second home office, reading lounge, fitness space, or nursery. Framed by peaceful territorial views of mature evergreens, it's a welcoming space to start and end each day. A standout feature is the private lower-level living suite, thoughtfully designed with its own bedroom, ¾ bath, full second kitchen, living area, and separate entrance. Ideal for multigenerational living, extended guests, live-in assistance, or a variety of other living arrangements; it offers privacy while remaining connected to the main home. Three levels of decks extend the living space outdoors, providing multiple places to relax, dine, or enjoy the peaceful natural setting. Ideally located near miles of scenic trails, award-winning Mercer Island schools, shopping, parks, and convenient access to both Seattle and the Eastside.

7066 92nd Avenue SE, Mercer Island

Listing courtesy of Berkshire Hathaway HS NW.

$3,700,000
5 Beds 5 Baths 2553244 MLS ACTIVE Status
Lake views, newer construction, and four bedrooms on one level are a rare find on Mercer Island. Built in 2016, this thoughtfully designed home offers nearly 4,600 square feet with spaces that simply make life easier, from the elevator connecting every floor to the three car garage and seamless indoor outdoor living. The kitchen was designed to be the heart of the home, opening to the great room and covered outdoor spaces where everything from weeknight dinners to summer gatherings feels effortless. Slab counter tops, Wolf 6 burner cooktop, center island and oversized pantry with second dishwasher, sink and microwave. Upstairs, the primary suite is a peaceful retreat with beautiful lake views, luxe bath and Nordstrom lovers closet. The amazing Lake Washington views from the rooftop deck, complete with firetable, offers the perfect place to end the day with a good book, lively conversation or glass of Pinot. Extra bonus room with patio and 3/4 bath could also serve as the perfect guest suite or a private space for the Au Pair. The no maintenance landscaped yard offers beauty in the front and putting green in the back that adds yet another space to relax, play, or entertain. Covered front deck with more views and cozy fireplace. Just minutes from award winning schools, parks, shopping, dining, Beach Club, trails and easy access to both Seattle and Bellevue, this home is an excellent value and offers the comfort of modern living on beautiful Mercer Island

7429 E Mercer Way, Mercer Island

Listing courtesy of John L. Scott, Inc..

$2,675,000
5 Beds 2 Baths 2552195 MLS ACTIVE Status
An iconic Ralph Anderson mid-century modern, beautifully reimagined for modern living. Honored with two renovation and design awards, including the Rex Award for Historic Remodel Excellence, this architectural residence blends timeless design and exceptional craftsmanship. Walls of glass and skylights flood the home with natural light, creating a seamless connection to the lush, private surroundings. The designer kitchen anchors the home with custom cabinetry, Dekton countertops, Miele appliances, a paneled Sub-Zero refrigerator, and an expansive butler's pantry, flowing to inviting living and dining spaces designed for gathering and everyday living. The main level offers four additional bedrooms and a well-appointed laundry room with dog wash station. Upstairs, a spacious family room and tranquil primary suite feature a custom walk-in closet and spa-inspired bath with Victoria + Albert fixtures, Ann Sacks tile, and a soaking tub. The lower level offers a rec room, private office, workshop, and storage. Extensively renovated with new windows, roof, plumbing, heating, repaved driveway, flooring, and interior and exterior paint. Two gas fireplaces showcase original stone reclaimed from historic Pioneer Square. Covered Trex deck, terrace patios, wood-burning sauna, and two-car carport with Tesla charger and storage. Moments to top-rated schools and neighborhood trails, this is a truly extraordinary home where timeless design, modern luxury, and nature exist in perfect harmony.

5 Lindley Road, Mercer Island

Listing courtesy of COMPASS.

$5,000,000
3 Beds 4 Baths 2551386 MLS ACTIVE Status
PRICE IMPROVEMENT! 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.

4835 Forest Avenue SE, Mercer Island

Listing courtesy of Windermere Mercer Island.

$3,750,000
4 Beds 4 Baths 2547915 MLS ACTIVE Status
Perched on Mercer Island with sweeping views of Lake Washington and the Seattle skyline, this one-of-a-kind custom residence blends old-world craftsmanship with timeless Northwest elegance. Built in 1998 and inspired by the grandeur of the iconic Stimson-Green Mansion, this home captures rare architectural detail and vintage charm at every turn. Enter through the custom 8-foot door and marvel at the grand staircase with exact molds detailed from the Stimson-Green Mansion, antique European lighting and rich quarter-sawn oak floors span throughout the entire home - no detail was missed. Designed for both comfort and statement living, the home offers four fireplaces, including three marble gas fireplaces and a dramatic double-sided centerpiece. Expansive windows frame breathtaking views from every room, filling the home with natural light and ever-changing scenery.The exterior is equally remarkable, showcasing hand-molded brick from South Carolina, a cedar shake roof, and original copper flashing and gutters—details that speak to enduring quality and craftsmanship. Outdoors, a tranquil fountain enhances the serene setting. A spacious two-tandem bay garage provides ample storage or flexibility for a home gym, workshop, or creative space. This is more than a home—it’s a rare opportunity to own a piece of artistry, where historic inspiration meets modern livability in an extraordinary Mercer Island setting. Don't miss this custom built home, first time on the market!

4725 W Mercer Way, Mercer Island

Listing courtesy of COMPASS.

$4,250,000
5 Beds 4 Baths 2544375 MLS ACTIVE Status
Perched above Lake Washington in one of the Island’s most peaceful neighborhoods, this extensively remodeled luxury home captures sweeping views of Lake Washington, Mount Rainier, and the Cascade Mountains. Thoughtfully reimagined with exceptional craftsmanship, custom finishes, and state-of-the-art systems, every detail has been curated for elevated Northwest living including a sprawling deck wraps around the home, creating seamless indoor-outdoor living and offering the perfect setting to entertain, relax, and take in the spectacular panoramic views year-round. The elevated primary retreat serves as a private sanctuary, featuring its own view deck with hot tub and a spa-inspired bath complete with custom cabinetry, a freestanding soaking tub, oversized walk-in shower, and breathtaking vistas. At the heart of the home, the chef’s kitchen is appointed with premium Miele and Wolf appliances and refined finishes designed for both everyday living and effortless entertaining. A main-floor office with an ensuite bath and private deck provides flexibility as a guest suite or multigenerational living space. The lower level offers generous living spaces including a rec room, three additional beds, and fully remodeled bath featuring heated floors, a designer tile shower, and dual vanities. Located within the sought-after Mercer Island School District and tucked away on a quiet street, this exceptional home offers a rare combination of luxury, privacy, and commanding Northwest views.

7712 89th Place SE, Mercer Island

Listing courtesy of Engel & Voelkers Mercer Island.

$2,599,000
4 Beds 3 Baths 2544498 MLS ACTIVE Status
Lake & mountain views set the stage for this fantastic Mercer Island home. Upon entering, you are greeted by a light-filled entry that immediately draws you to the views beyond. Designed to showcase the scenery, the home offers spacious living areas, a large kitchen, & a covered deck that extends everyday living outdoors, rain or shine. The main-floor primary suite offers convenience & peaceful lake views, while a handsome wood-paneled office with custom built-in shelving provides an inviting & functional work-from-home retreat or can be easily converted to a 2nd main-floor bedroom. The lower-level features three additional bedrooms, a spacious family room, & a massive storage area, offering flexibility for guests, recreation, hobbies, or future needs. Fresh exterior paint adds to the home's welcoming presence. Rarely do views, location, and livability come together so seamlessly in one of Mercer Island's most cherished neighborhoods, where pride of ownership is evident throughout. This desirable North End location offers easy access to I-90, Seattle, and Bellevue, as well as to Mercer Island's highly regarded schools. Nearby is the private Mercerwood Shore Club with beach and pool amenities. Comfortable and well-maintained, this home presents a wonderful opportunity to update and personalize over time while enjoying the views, generous floor plan, & sought-after location. A rare chance to make this Mercerwood retreat your own & enjoy the best of Mercer Island living!

4232 Shoreclub Drive, Mercer Island

Listing courtesy of Coldwell Banker Bain.

$4,399,995
5 Beds 5 Baths 2543096 MLS ACTIVE Status
Brand new construction, west facing home just completed by American Classic Homes; headquartered on Mercer Island and one of the region's most respected builders for over 30 years. The Oakmont plan is a phenomenal layout that blends traditional design best practices with modern living. From the moment you step through the foyer you'll be captivated by the double height wall of windows that bathe the home in natural light but still offers complete privacy from surrounding homes. The great room is comfortable and welcoming with a gracious dining area and stunning primary kitchen tailormade for hosting with an additional scullery style secondary kitchen perfect for catering, entertaining, and baking. Main floor working den is large and bright with a full suite for loved ones and extended guests. Upper floor has a hard to find 4 bedrooms on the same level with a large bonus and media room perfect for movie and game nights. Primary suite has vaulted ceilings with spa-inspired 5-piece bathroom and custom built-in walk-in closet. Just a few steps away to bus stop that will take you straight to the newly opened Eastlink light rail system just minutes away for daily commuting and airport runs and truly the best way to get to a Mariners or Seahawks game. Two blocks to award winning Mercer Island High School, Northwood Elem, and Boys & Girls Club with several great private schools just minutes away. Come and experience the craftsmanship that only decades of experience can produce.

4024 85th Avenue SE, Mercer Island

Listing courtesy of COMPASS.

$3,480,000
4 Beds 5 Baths 2510948 MLS ACTIVE Status
Tucked away in the rarely available & sought-after enclave of Lakeridge Heights, this high-end residence sits on expansive, manicured grounds, creating a sanctuary-like setting. Originally built by the builder for himself w/ uncompromising quality, the home blends modern lines w/ classic elegance, crafted to frame sweeping Lake Washington views & vibrant sunsets. The main level is designed for effortless flow anchored by a chef’s kitchen connected to a spacious living area with vaulted ceilings. Every social space is strategically oriented to capture the breathtaking views, ensuring a stunning backdrop for everyday comfort & hosting events. The upper level serves as a private retreat featuring 4 spacious bedrooms & 3 bathrooms, including a primary master wing w/ a sitting area, a fireplace & sweeping 180° views. The lower level includes a versatile bonus area & a 3/4 bath, ideal for a media room, gym, or guest quarters. Central elevator connects all levels; southwest-facing for abundant natural light, w/ terraced decks inviting fresh air & views. Recent upgrades include refreshed interior/exterior paint, polished oak floors, a new composite deck, & 2 new water heaters. Additional highlights: concrete tile roof, 3-car garage, dual heating/cooling systems, & 4 fireplaces. Trail leads to Lakeridge Elementary, Islander Middle School, & shopping center. Prepare to fall in love: lush botanical gardens w/ perennials & mature specimen trees provide year-round color & interest.

8144 W Mercer Way, Mercer Island

Listing courtesy of WeLakeside.

$3,698,000
5 Beds 5 Baths 2516634 MLS ACTIVE Status
Four homes. One boutique community. One opportunity remaining. Nestled in the heart of Mercer Island, this Pacific Northwest Modern home is what happens when exceptional architecture meets an exceptional setting — a study in balance between organic warmth and clean precision, grand scale and intimate comfort, natural beauty and urban connectivity. Rich wood, matte black, and warm gold define a material palette that feels bold yet deeply at home in the landscape. A soaring custom chandelier anchors the entry, setting the tone for craftsmanship that carries through every room. Floor-to-ceiling windows and 24-foot vaulted ceilings ensure light and space are never in short supply. The chef's kitchen delivers — 60" JennAir refrigerator, 48" range, wall oven, dual dishwashers, custom hood vent, and quartzite countertops. A covered outdoor living area with fireplace makes year-round entertaining effortless. A main-floor guest suite with private ensuite offers flexibility for multi-generational living. Upstairs, the primary suite is a calm retreat with spa bathroom, private deck, and generous walk-in closet. Three additional bedrooms, two bathrooms, and laundry complete the level under soaring vaulted ceilings. Equipped for modern life: 2-car garage, EV charging, whole-home AC, tankless hot water, and full-time backup generator. Minutes from Groveland Beach Park, top-rated schools, with seamless access to Seattle and Bellevue. PNW Modern living — without compromise.

5222 Forest Avenue SE, Mercer Island

Listing courtesy of Real Residential.

$2,998,000
5 Beds 4 Baths 2514814 MLS ACTIVE Status
Surrounded by nature, this 4,477 sq ft home enjoys a complete 2023+ renovation & tranquil North Island location. Designer kitchen remodel in 2024 showcases an ILVE range, ZLINE appliances, custom wine wall + central wet bar/breakfast bar - all open to freshly painted living and dining spaces. Custom built-ins, all-new lighting & a wall of glass framed natural space showcase timeless details throughout. Beautiful 5-piece en-suite Primary Bedroom w/ large walk-in closet, views of Cascade Mts. & peek-a-boo’s of Lk WA/DT Bellevue. 3 additional spacious upstairs bedrooms w/ built-in window seats/desks, + views of mts. & nature. Systems updates incl. 2023+ roof, furnace, heat pump, A/C, hot water heater, smart outlets, switches, lighting & Hunter Douglas automated shades. Spa-like baths feature heated floors, slab stone counters, generous layouts & new steam shower. Fresh interior paint, new flooring, radiant heated mudroom, theater/gym/bonus room in basement + main floor 5th bedroom/office w/ new 3/4 bath. The garage has been refreshed w/ abundant storage, new rolling doors, professional speckle floor, shop space, generator & hot tub/water feature pump. Ample parking in 3-car garage + driveway & 2 lower level spaces. Just minutes from Northwood Elm, MIHS, JCC, parks & easy Seattle/Bellevue access. Pre-inspection available upon request. Financing option available for 2/1 rate buy-down @ 3.999%!

3645 92nd Avenue SE, Mercer Island

Listing courtesy of Windermere Real Estate/East.

$2,999,800
4 Beds 4 Baths 2510819 MLS ACTIVE Status
Discover refined living in this stately Mercer Island home offering 3,720 square feet of thoughtfully designed space. This elegant residence features 4 spacious bedrooms, a private den, and an expansive bonus room—perfect for today’s flexible lifestyle. A sizeable living room with a gas fireplace creates a warm and inviting atmosphere, while the impressive 2-story dining room showcases a stunning artisan chandelier, ideal for memorable gatherings. Beautiful hardwood floors with custom inlays flow throughout, complemented by heated tile floors in the entry, dining room & mud room for added comfort. Convenience meets functionality with an elevator, a large laundry room with abundant cabinetry, and a separate mud room with extensive built-ins. Storage is plentiful throughout the home, and the oversized 3-car garage provides ample space for vehicles and hobbies alike. At the heart of the home, a breathtaking atrium offers a true retreat, complete with an in-ground pool and private shower. Step outside to stunning, meticulously designed grounds featuring expansive patios and extensive custom brickwork, perfect for entertaining or quiet moments surrounded by nature. Completely private and beautifully appointed, this exceptional property blends classic style with modern amenities in one of the most private, West facing Mercer Island’s settings.

5601 W Mercer Way, Mercer Island

Listing courtesy of John L. Scott, Inc.

$4,950,000
5 Beds 6 Baths 2498935 MLS ACTIVE Status
NEW PRICE! From the moment you enter this magnificent home built by Gallagher Construction, you will be enchanted by the blend of classic elegance, custom quality & modern ease. A soaring foyer and sun-drenched interiors dressed in natural marble, slate, cherry, walnut, & alder finishes. The fireside living room and adjacent dining area gracefully accommodate gatherings w/ their glittering chandeliers, exquisite millwork, & beautiful built-in buffet. Beyond, a well-appointed great room forms the heart of the home w/ a cozy fireplace flanked by built-ins + an informal dining area, all flowing to the grand kitchen. Dual Miele dishwashers, Viking 6-burner range, built-in SubZero, walk-in pantry, & planning desk make it easy to host a crowd. Open the garden doors for parties on the private deck & level lawn while you grill at the covered barbecue station. The fun continues downstairs in the generous rec room, nearby bonus room, & wine cellar. At the end of the day, your owner's suite is a true retreat offering sparkling lake views, a romantic fireplace, dual walk-in closets, & a luxurious jetted soaking tub. Four more bedrooms + main floor office with en-suite bath (or potential guest suite) provide ample flex space. Extras include A/C, built-in audio, safe & oversized 3-car garage with storage. Just a stroll away from 2 public lake areas for swimming & picnicking, downtown shops, dining, Luther Burbank Park, Lid Park, and the new Light Rail. Amazing lifestyle & walkability!

2212 77th Avenue SE, Mercer Island

Listing courtesy of Windermere Mercer Island.

Start Your Search
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.