About Mercer Island, WA

by on March 3, 2009 in Mercer Island

Mercer Island 520 Bridge

Mercer Island is a rural city located about 10 minutes east from Seattle, on the I-90 floating bridge. Notorious for its numerous waterfront properties with views of Lake Washington, the Cascades and Mt. Rainier, Mercer Island is home to many of the Seattle area’s elite. Single family home prices here start at about $700,000, for a somewhat modest home; the median home price in 2007 was recorded at $995,000. The steep real estate prices have a lot to do with the abundance of waterfront properties in the city; the most expensive home in Mercer Island is $40,000,000!

Mercer Island is a great suburb to be in for those who can afford it, with a school district that is one of the best in the nation with a strong academic reputation, and it’s centrally situated location makes commutes to both Seattle and the Eastside a breeze. Though most of the residences are single family, condos and town homes could certainly be found for a much affordable price tag.

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