4835 Forest Avenue SE, Mercer Island, WA 98040

$5,000,000
3
BD
4
BA
3,670
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Windermere Mercer Island.

List Price
$5,000,000
Status
ACTIVE
Days on Market
53
Price Change
▼ $450,000 1785206268
MLS#
2551386
Subtype
Residential
Style
18 - 2 Stories w/Bsmnt
Year Built
1958
Bedrooms
3
Bathrooms
4
Living Area
3,670
Lot Size
20,597
Acres
0.47
Subdivision
Westside
Neighborhood
Westside
Building Name
Flood-Dearborn Add
MLS Area Major
Mercer Island

Property Description

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.

Additional Information

Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Jetted Tub, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine Cellar, Wired for Generator
Exterior Features
Metal/Vinyl
Property Description
18 - 2 Stories w/Bsmnt
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Heating
Baseboard, Ductless, Radiant
Air Conditioning
Ductless
Levels
Two
Roof
See Remarks, Torch Down
Parking Features
Attached Carport, Driveway, Off Street
School District
Mercer Island
Elementary School
Buyer To Verify
Middle School
Islander Mid
High School
Mercer Isl High
View
City, Lake, Mountains, Territorial
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks