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Lake Isle

Lake Isle is a mid-island residential neighborhood prized for its proximity to waterfront parks and its established, family-oriented community.

24
Walk Score
28
Transit Score
32
Bike Score

Living in Lake Isle

Lake Isle is a mid-island residential neighborhood prized for its proximity to waterfront parks and its established, family-oriented community. The median sale price of $1,915,000 at $655/sqft represents one of Mercer Island's more accessible entry points, though the -69.8% YoY change reflects a return to normal volume after an unusually active prior year rather than a price decline. At just 6 days on market, well-priced homes here generate immediate buyer interest.

Lake Isle offers a quintessential Mercer Island lifestyle โ€” wooded streets, proximity to Luther Burbank Park's shoreline, and the safe, community-minded atmosphere the island is known for. Residents benefit from easy access to Island Crest Trail for cycling and running while remaining a short drive from the town center's restaurants, grocery stores, and coffee shops. The 6-day average DOM signals that savvy buyers move quickly when a home comes to market here.

First-Time Mercer Island Buyer โ€” Seeking the island's school district, safety, and lifestyle at one of the most accessible median price points available on the island. Family Upsizing from a Condo or Townhome โ€” Ready for a yard, more space, and top schools without stretching to Gold Coast or Groveland pricing. Remote-Work Professional โ€” Values the quiet, nature-rich environment and fast I-90 commute for the occasional in-person day in Bellevue or Seattle.

Real Estate Market

$1,915,000
SFH Median
$655
Per Sqft
6
Days on Market
-69.8%
Year over Year

5-Year Price Trends

Q2 2022. Quarterly data from Redfin. Low sales volume can cause quarter-to-quarter volatility.

Getting Around

Lake Isle sits in the central-to-eastern portion of Mercer Island, roughly bounded by Island Crest Way and the eastern park belt, giving residents quick access to both the town center and the island's trail and park system.

Key commute times:

  • Microsoft Redmond: 25 min by car via I-90 and SR-520
  • Amazon Bellevue: 15 min by car via I-90
  • Downtown Seattle: 20 min by car via I-90

Highlights

  • Approachable Mercer Island entry price at median $1.915M
  • 6-day average DOM โ€” highly competitive with fast-moving buyers
  • Adjacent to Luther Burbank Park and eastern island trail network
  • Mercer Island School District โ€” top-rated public schools
  • Quiet, tree-lined streets with strong neighborhood identity
  • 15 min to Bellevue, 20 min to downtown Seattle via I-90

Schools

Lakeridge Elementary

Elementary
8/10

Islander Middle School

Middle
8/10

Mercer Island High School

High School
9/10

Thinking about Lake Isle?

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

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