4835 Forest Avenue SE
Mercer Island, WA 98040
$4,790,000
Beds:
3
Baths:
3
| 1
Sq. Ft.:
4,110
Type:
House
Listing Firm:Windermere Mercer Island
Listings with the three tree icon are courtesy of NWMLS.
Listing #2551386
An extraordinary opportunity on Mercer Island's coveted Gold Coast--now offered at a compelling new price. 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. The large 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.
Property Features
County:
King
Community:
Westside
MLS Area:
Mercer Island
Latitude:
47.559208
Longitude:
-122.2302
Project:
Flood-Dearborn Add
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.
Interior:
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
Full Baths:
3
3/4 Baths:
1
Has Fireplace:
Yes
Number of Fireplaces:
3
Fireplace Description:
Gas, Wood Burning
Heating:
Baseboard, Ductless, Radiant
Power Production Type:
Electric, Natural Gas
Cooling:
Ductless
Floors:
Ceramic Tile, Vinyl Plank, Carpet
Water Heater:
Gas, Basement + Shop
Appliances:
Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Basement Description:
Daylight, Partially Finished
Entry:
Main
Style:
2 Stories w/Bsmnt
Stories:
Two
Is New Construction:
No
Exterior:
Metal/Vinyl
Foundation:
Poured Concrete
Roof:
See Remarks, Torch Down
Water Source:
Public
Septic or Sewer:
Sewer Connected
Covered Spaces:
4
Water:
City of Mercer Island
Electric:
Puget Sound Energy
Security Features:
Security System
Parking Description:
Attached Carport, Driveway, Off Street
Parking Spaces:
4
Vegetation:
Garden Space
Site Description:
Boat House, Cable TV, Deck, Dock, Gas Available, High Speed Internet, Moorage, Shop, Sprinkler System
Lot Description:
Dead End Street, Paved
Topography:
Sloped, Terraces
Elevation:
Feet
Lot Size in Acres:
0.473
Lot Size in Sq. Ft.:
20,597
Condition:
Fixer
Buildings:
Built On Lot
Building Total Area (Sq. Ft.):
4,110
Water Frontage:
53
Waterfront Description:
Low Bank, Bulkhead, Lake
Has Waterfront:
Yes
Has View:
Yes
View Description:
City, Lake, Mountains, Territorial
Inclusions:
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
High School District:
Mercer Island
Elementary School:
Buyer To Verify
Jr. High School:
Islander Mid
High School:
Mercer Isl High
Possession:
Closing
Property Type:
SFR
Property SubType:
Single Family Residence
Structure Type:
House
Year Built:
1958
Effective Year Built:
1958
Status:
Active
Property Name:
Flood-Dearborn Add
Tax Year:
2026
Tax Amount:
$31,124
Inclusions:
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Not a REO:
Yes
Lot Acres Source:
KCR
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Disclaimer: The information contained in this listing has not been verified and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change, or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Listings with the three tree icon are courtesy of NWMLS. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and include the name of the listing broker(s). Based on information submitted to the MLS GRID as of 2026 (September 28, 2026, 9:22 AM PT MLS GRID Data was obtained). 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. Copyright © 2026 Northwest MLS. All rights reserved.
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