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Listed by: Julie Wilson (206) 225-1500 , Trish Coy (206) 941-4357 | Windermere Mercer Island (206) 232-0446
$4,790,000
Monthly Est:$23,842
3 Beds
4 Baths3 full baths
3,670sqft
4835 Forest Ave SE, Mercer Island, WA 98040
$4,790,000
$23,842/moEst:
Get Pre-Approved
Single Family Residence
Built in 1958
$-- HOA
20,597 sqft lot
$1,305/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 26, 2026 at 5:50 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2551386
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
3,670 sqft
Lot Size
20,597 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2551386
MLS Status
Active
Days on Market
87
Cumulative Days on Market
113
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Approved Accessory
Level: Second
Den/Office
Level: Main
Dining Room
Level: Main
Entry Hall
Level: Main
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Primary Bedroom
Level: Lower
Utility Room
Level: Lower
Bathroom Full
Level: Second
Bathroom Full
Level: Lower
Bathroom Full
Level: Main
Bathroom Three Quarter
Level: Lower
Bedroom
Level: Second
Bedroom
Level: Main
Interior
Exterior Features
Metal/vinyl
Heating
Baseboard, Ductless, Radiant
Sewer
Sewer Connected
Cooling
Ductless
Flooring
Ceramic Tile, Vinyl Plank, Carpet
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
Appliances
Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/range(s), Washer
Construction
Year Built
Year Built: 1958
Home type
Single Family Residence
Construction Materials
Metal/vinyl
Foundation Details
Poured Concrete
Property Condition
Fixer
Roof
See Remarks, Torch Down
Utilities & Energy
Water Source
Public
Parking Features
Attached Carport, Driveway, Off Street
Basement
Daylight, Partially Finished
Security Features
Security System
Fireplace Features
Gas, Wood Burning
Other Features
Lot Features
Dead End Street, Paved
Vegetation
Garden Space
Subdivision Name
Westside
Price History
| Date | Event | Price |
|---|---|---|
07/08/2026 Source: | Listing Removed | $5,750,000 +5.50% $1,567/sqft |
07/08/2026 Source: | Listed for Sale | $5,450,000 +13.78% $1,485/sqft |
07/08/2026 Source: | Price Decreased | $4,790,000 -4.20% $1,305/sqft |
07/08/2026 Source: | Price Decreased | $5,000,000 -13.04% $1,362/sqft |
06/11/2026 Source: | Listed for Sale | $5,750,000 $1,567/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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