Welcome to Fern Cottage. Tucked into the coveted Ferncroft neighborhood, this charming 1935 home began life as one of Mercer Island’s original vacation cottages. But don’t be deceived by this home’s humble origin and modest footprint. As big views of Lake Washington and the eastern mountains quickly take center stage, you begin to understand the potential of Fern Cottage. Picture windows frame the sweeping views, while an oversized stone fireplace, beamed ceilings, and French doors to the brick patio and outdoor studio space anchor the home’s timeless charm. Explore the nearly half acre lot, with its various types of flora, including 200-year-old Douglas Fir trees, and a winding path down to the babbling creek. You will feel as if you have stepped back in time when you enter this special place. But when you sit on the over-sized deck, watching the eagles over the lake and listening to the creek, you will begin to imagine a future of endless possibilities at Fern Cottage.
Active
Listed by: John L. Scott, Inc.
$1,575,000
4514 Ferncroft Road, Mercer Island, WA 98040
3beds
1,580sqft
Est.:
Single Family Residence
Built in 1935
0.45 Acres Lot
$1,530,700 Zestimate®
$997/sqft
$-- HOA
What's special
Brick patioOversized stone fireplaceNearly half acre lotOver-sized deckVarious types of floraBeamed ceilingsOutdoor studio space
- 2 days |
- 2,029 |
- 62 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: 20 hours ago
Listed by:
Tim Conway,
John L. Scott, Inc.,
Kim Florence,
John L. Scott, Inc.
Source: NWMLS,MLS#: 2486757
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Dining Room
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Doors: French Doors
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,580
- Total interior livable area: 1,580 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dining Room, Fireplace, French Doors
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.45 Acres
- Dimensions: 19704
- Features: Corner Lot, Dead End Street, Paved, Value In Land, Cable TV, Deck, Fenced-Partially, Outbuildings, Patio
- Topography: Partial Slope
- Residential vegetation: Brush, Garden Space, Wooded
Details
- Parcel number: 0046100514
- Zoning: R15
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1935
- Major remodel year: 1935
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & HOA
Community
- Subdivision: Ferncroft
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $997/sqft
- Tax assessed value: $1,923,000
- Annual tax amount: $11,149
- Date on market: 3/2/2026
- Cumulative days on market: 4 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$1,530,700
$1.45M - $1.61M
$3,777/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $1,575,000$997/sqft |
Source:  NWMLS #2486757 Report a problem | ||
| 7/28/2025 | Listing removed | $3,695$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/12/2025 | Listed for rent | $3,695$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,603 +1.3% | $1,923,000 +6.5% |
| 2023 | $12,444 | $1,806,000 -10.6% |
| 2022 | -- | $2,020,000 +37.2% |
| 2021 | $10,850 +4.2% | $1,472,000 +13.2% |
| 2020 | $10,416 +22.3% | $1,300,000 +20.7% |
| 2019 | $8,518 +7.1% | $1,077,000 +1.9% |
| 2018 | $7,952 -4.3% | $1,057,000 +10.4% |
| 2017 | $8,311 +29.1% | $957,000 +9.2% |
| 2016 | $6,437 | $876,000 +10.3% |
| 2015 | $6,437 | $794,000 +8% |
| 2014 | $6,437 | $735,000 +10.9% |
| 2013 | $6,437 | $663,000 +8.3% |
| 2012 | -- | $612,000 +1.2% |
| 2011 | -- | $605,000 +11% |
| 2010 | -- | $545,000 |
| 2009 | -- | $545,000 |
| 2007 | -- | $545,000 +7.7% |
| 2006 | -- | $506,000 +9.8% |
| 2005 | -- | $461,000 +26.6% |
| 2001 | $3,483 +6.7% | $364,000 +17.8% |
| 2000 | $3,265 | $309,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,705/mo
Principal & interest
$7629
Property taxes
$1076
Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10Island Park Elementary SchoolGrades: K-5Distance: 1 mi
- 8/10Islander Middle SchoolGrades: 6-8Distance: 2.1 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Middle: Islander Mid
- High: Mercer Isl High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 98040
- Washington
- King County
- Mercer Island
- 98040
- 4514 Ferncroft Road
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