Mercer Island Homes for Sale
It doesn't get much more scenic and inviting than Mercer Island, an island (of course) in the middle of Lake Washington between Bellevue and Seattle. Mercer Island is quite literally at the center of an extensive regional and international transportation network, intersected by highways and mass transit routes and minutes from air, sea and rail transportation hubs. It is close to unlimited cultural and recreational opportunities with Seattle 11 minutes to the west and two mountain ranges with renowned national forests and parks (the Olympics and Cascades) on either side. Located in the Seattle Metropolitan Area, it is the most populated island in a lake within the United States with 22,720 residents.
Space in Mercer Island is mostly residential, with wooded areas, landscaped homes, and miles of shoreline. Median house sale price in 2011 was $1,001,405, placing it at #209 in a list of the most expensive ZIP codes in America. The estimated home value on Mercer Island is $809,284, which is 32% higher than the value of houses in Washington State. It should come as no surprise that a mere 2.8% of residents live below the poverty level since the median household income is well above state average. Approximately 95% of people commute away from Mercer Island for work. About 55% go to Seattle and 45% go to Bellevue. In such a central location, the average commute time is 18.9 minutes.
In this city of luxury where many come to escape the hustle of the economic hubs of the Puget Sound, residents enjoy public beaches and a city-owned boat launch, as well as walking trails along the water. Luther Burbank Park has 0.75 miles of waterfront, a public boat dock, a fishing pier, swimming beach, amphitheater, tennis courts, and picnic facilities. Mercer Island has many smaller parks with equestrian, bicycle, and hiking trails. While the major shopping is on the mainland, Mercer Island offers the basics, including grocery stores, banks and a few small restaurants.