4835 Forest Avenue SE, Mercer Island, WA 98040

$5,450,000
3
BD
4
BA
3,670
SqFt

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Listing courtesy of Windermere Mercer Island.

List Price
$5,450,000
Status
ACTIVE
MLS#
2551386
Days on Market
45
Bedrooms
3
Finished SqFt
3,670
Area Total SqFt
4110
Annual Tax Ammount
31124
Internet Provider
Xfinity
Lot Size (sq ft)
20,597
Fireplace
Yes
Sewer
Sewer Connected

Property 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.

Additional Information

Community
Westside
Style
18 - 2 Stories w/Bsmnt
Basement
Daylight, Partially Finished
Year Built
1958
Total Covered Parking
4
Waterfront
Yes
Waterfront Description
Low Bank, Bulkhead, Lake
View
City, Lake, Mountains, Territorial
Roof
See Remarks, Torch Down
Site Features
Boat House, Cable TV, Deck, Dock, Gas Available, High Speed Internet, Moorage, Shop, Sprinkler System
Tax Year
2026
School District
Mercer Island
Elementary School
Buyer To Verify
Middle School
Islander Mid
High School
Mercer Isl High
Potential Terms
Cash, Conventional
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
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Driving Directions
Take W Mercer Way to 84th Ave SE and make first right (west) on to Forest Ave SE and follow down and veer to the right - house will be on your left - parking above the home plus 4 spaces in carports.
Appliance
Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Basement + Shop
Water Heater Type
Gas
Energy Source
Electric, Natural Gas
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.
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