Skip to content
โ†All Neighborhoods
Mercer IslandLuxury

Island Point

Island Point is a tightly held enclave at the northern tip of Mercer Island, offering some of the island's most dramatic lake views and a strong sense of community among longtime residents.

20
Walk Score
30
Transit Score
28
Bike Score

Living in Island Point

Island Point is a tightly held enclave at the northern tip of Mercer Island, offering some of the island's most dramatic lake views and a strong sense of community among longtime residents. At a median of $2,460,000 and $692/sqft, it offers relative entry-level access to Mercer Island's premium lifestyle. With just 5 days on market, demand is fierce and inventory is extremely limited โ€” homes here routinely attract multiple offers.

Island Point residents enjoy a peninsula lifestyle with water on multiple sides and easy access to kayak launches and shoreline walking paths. The neighborhood has an intimate, close-knit character โ€” it's small enough that everyone tends to know their neighbors. Despite the tranquil setting, the I-90 freeway is just minutes away, making this one of the most commute-efficient spots on the island.

Young Tech Professional Couple โ€” Wants Mercer Island's quality of life and school district at a relatively accessible price point with fast commute access to Bellevue tech campuses. Relocating Executive โ€” Needs to be close to Bellevue and Seattle simultaneously and values the prestige and water-adjacent lifestyle that Island Point delivers. Long-Term Value Buyer โ€” Recognizes that Mercer Island's finite land supply and consistently strong school performance make any entry point here a durable long-term hold.

Real Estate Market

$2,460,000
SFH Median
$692
Per Sqft
5
Days on Market

5-Year Price Trends

Q4 2025. Quarterly data from Redfin. Low sales volume can cause quarter-to-quarter volatility.

Getting Around

Island Point occupies the northernmost peninsula of Mercer Island, jutting into Lake Washington with water on multiple sides and direct sightlines to the I-90 floating bridge, Seattle's skyline to the west, and the Bellevue skyline to the northeast.

Key commute times:

  • Microsoft Redmond: 20 min by car via I-90 and SR-520
  • Amazon Bellevue: 12 min by car via I-90
  • Downtown Seattle: 18 min by car via I-90

Highlights

  • Ultra-low 5-day average DOM โ€” extreme demand with minimal inventory
  • Northern tip location with water on multiple sides
  • Dramatic views of Seattle skyline, Bellevue, and I-90 bridge
  • Among the most commute-efficient addresses on Mercer Island
  • Top-rated Mercer Island schools district-wide
  • Intimate, close-knit neighborhood character with low turnover

Schools

North Mercer Elementary

Elementary
8/10

Islander Middle School

Middle
8/10

Mercer Island High School

High School
9/10

Thinking about Island Point?

I'd love to show you around and help you find the right home. Let's talk about what Island Point has to offer.

Get in Touch (opens in a new tab)