Waterfront homes make up a large percentage of the luxury real estate in Greater Seattle. Mercer Island and other nearby cities will often have waterfront homes available in a variety of locations. Seattle-area waterfront properties include luxury lakefront homes on Lake Washington, Puget Sound waterfront estates, and floating homes and houseboats on Lake Union.
Mercer Island, WA
Mercer Island is one of the Seattle region's most-revered locales. Situated in the middle of Lake Washington and connected to Seattle and Bellevue by the I-90 floating bridges, this urban oasis maintains an identity all its own. Multi-million dollar waterfront homes dot the miles of shoreline around the island, while upscale homes dominate the inland neighborhoods. Mercer Island's public school district is regularly ranked as one of the best in the state, and its residents have a fierce loyalty to their local schools. The north end of Mercer Island has a retail/shopping/dining district with a handful of condo buildings, while most of the island is heavily wooded, quiet, and residential.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Mercer Island. You can see the latest trends in pricing, affordability, supply and demand. We invest in this research so our clients always have the latest insights to make the best decisions with confidence. Below are the latest home pricing trends for Mercer Island based on zip code 98040.
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