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Listing courtesy of NWMLS / Windermere R.E. Northeast, Inc

4541 88th Avenue SE

Mercer Island, WA 98040

4 beds
3 baths
1,760 sqft
8,775 sqft lot
$954 per sqft
1965 build

Centrally located, mid Mercer Island 1,760 SF, 4 BD, 3 BA home in coveted Allview Heights. Updated property has been fully renovated over the past 10 yrs, includes newer kitchen w/ large island & designer tile backsplash & newer baths. Open living room w/ masonry fireplace & skylights, dining space, primary suite & 2 other BDs on the upper level. Lower level features family room, bedroom, bath & access to 2-car garage. Expansive deck & patio space, perfect for summer BBQs! Level lot & quiet setting. Prime location just mins from Bellevue and Seattle, w/ easy access to I-90, I-5 & I-405. Highly rated Mercer Island Schools, near library & walking distance to Island Park Elem School & Mercer Island HS. Don’t miss this incredible opportunity!

Listing courtesy of NWMLS / Windermere R.E. Northeast, Inc

Last checked: Checking… • Last updated May 3, 2025 •

MLS# 2366554 —

The Building

Year Built:

1965
New Construction:

false
Building Information:

Built On Lot
Structure Type:

House
Roof:

Composition
Entry Location:

Split
Foundation Details:

Poured Concrete
Basement:

Daylight, Finished
Exterior Features:

Brick, Wood
Levels:

Multi/Split
Building Area Total:

1760
Building Area Units:

Square Feet
Calculated SqFt:

1760
SqFt Source:

KCR
Construction Materials:

Brick, Wood

Interior

Interior Features:

Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Fireplace, Skylight(s), Water Heater
Living Area:

1760
Flooring:

Ceramic Tile, Hardwood, Laminate
Upper Level Fireplace:

1
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Wood Burning
Lower Level Fireplace:

1
Finished SqFt:

1760

Financial & Terms

Possession:

Closing

Location

Latitude:

47.564521
Longitude:

-122.221848
Directions:

Starting on I-90 East from Seattle: Take Exit 7B onto Island Crest Way. Turn Left onto SE 47th St. Turn Left onto 88th Ave SE. The property is on your Left.

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Good
Parcel Number:

0191100345
Lot Features:

Paved
Lot Size Units:

Square Feet
Lot Size Dimensions:

65' x 135'
Lot Size Acres:

0.2014
Lot Size SqFt:

8775
Lot Size Source:

KCR
Zoning Jurisdiction:

City
Land Lease:

false
View:

false
Waterfront:

false
Topography:

Level
Zoning:

R9.6
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

9095.57

Beds

Bedrooms Total:

4
Bedrooms Possible:

4
Bedrooms Upper Level:

3
Bedrooms Lower Level:

1

Baths

Total Baths:

3
Baths:

2.75
Full Baths:

2
Three Quarter Baths:

1
Upper Level Full Baths:

1
Upper Level Three Quarter Baths:

1
Lower Level Full Baths:

1
# of Bathtubs:

2

The Listing

Special Listing Conditions:

None
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour
Virtual Tour URL Description:

Property Website

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Water Company:

City Of Mercer Island
Water Heater Location:

Utility Room - Lower Level
Water Heater Type:

Gas
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Mercer Island
Power Company:

Puget Sound Energy
Cable Connected:

Xfinity

Appliances

Appliances:

Dishwasher(s), Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Appliances Included:

Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)

Schools

Elementary School:

Island Park Elem
Middle Or Junior School:

Islander Mid
High School:

Mercer Isl High
High School District:

Mercer Island

The Community

Subdivision Name:

Mercer Island
Senior Community:

false
Bus Line Nearby:

true
Association:

false

Parking

Parking Total:

2
Parking Features:

Driveway, Attached Garage, Off Street, RV Parking
Open Parking:

false
Garage:

true
Garage Spaces:

2
Attached Garage:

true
Garage SqFt:

520
Carport:

false
Covered Spaces:

2

Listing courtesy of NWMLS / Windermere R.E. Northeast, Inc

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat May 10 2025 04:32 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$1,680,000

Expense	Monthly cost
Mortgage	$8,995
Taxes	$757
Insurance	$462
Utilities	$128 See report
Total	$10,342/mo.^*
	^*This is an estimate

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My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/3/25 May 3, 2025	Pending	NWMLS	$1,680,000
5/1/25 May 1, 2025	Listed / Active	NWMLS	$1,680,000	300.0% (13.2% / YR)
9/5/02 Sep 5, 2002		NWMLS	$420,000

44% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $174k above asking price on average, but some went as high as $525k over asking price.

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This house located in Ellis Pond, Mercer Island, WA 98040 is currently pending sale for $1,680,000. 4541 88th Avenue SE is a 1,760 square foot house with 4 beds and 3 baths. 4541 88th Avenue SE is in the Ellis Pond neighborhood of Mercer Island and has a WalkScore® of 24, making it car-dependent. This house is in the attendance area of Mercer Island High School, Islander Middle School, and Island Park Elementary School.

Listing courtesy of NWMLS / Windermere R.E. Northeast, Inc

Disclaimer: The information contained in this listing has not been verified by Windermere R.E. Northeast, Inc and should be verified by the buyer.