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Every listing shows your estimated rebate.
The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.
At a glance
4835 Forest Avenue SE, Mercer Island, WA, 98040
$5,000,000·4 bd·3 ba·NWMLS #2551386
Every completed rebate is published: see all 249 closings.
Listing data from NWMLS. Listing courtesy of Julie Wilson of Windermere Mercer Island. Rebate estimate calculated by Arrivva.
How the rebate is calculated
- Buyer-broker fee at 2%
- $100,000
- Buyer-broker fee at 3%
- $150,000
- Arrivva flat fee
- - $9,750
- Estimated rebate range
- $90,000 to $141,000
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies. How the rebate works
4835 Forest Avenue SEMercer Island, WA 98040
Listing courtesy of Julie Wilson of Windermere Mercer Island
Opportunity beckons you to seize this rare chance to own a west-facing waterfront estate on Mercer Island's premier Gold Coast. 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. Fully rebuilt in 2017, the massive, 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.
| 3 days ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $5,000,000 | |
| 2 months ago | Listing first seen on site |
Listing courtesy of Julie Wilson of Windermere Mercer Island
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-10 12:52 AM PDT
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
Questions about this listing
- How much could a buyer get back on 4835 Forest Avenue SE, Mercer Island, WA, 98040?
- Arrivva estimates a buyer rebate of $90,000 to $141,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
- Who is the listing brokerage for 4835 Forest Avenue SE, Mercer Island, WA, 98040?
- Listing courtesy of Julie Wilson of Windermere Mercer Island, per NWMLS listing #2551386. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
- How do I schedule a tour of 4835 Forest Avenue SE, Mercer Island, WA, 98040?
- Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk
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