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Mercer IslandLuxury

Parkwood-Mercer Firs

Parkwood-Mercer Firs is one of Mercer Island's most prestigious and secluded enclaves, commanding a median sale price of $8,000,000 and attracting ultra-high-net-worth buyers seeking exceptional es...

18
Walk Score
22
Transit Score
20
Bike Score

Living in Parkwood-Mercer Firs

Parkwood-Mercer Firs is one of Mercer Island's most prestigious and secluded enclaves, commanding a median sale price of $8,000,000 and attracting ultra-high-net-worth buyers seeking exceptional estates. The neighborhood is defined by grand homes set among mature fir trees, expansive lots, and a level of privacy rarely found this close to Seattle. Homes here represent the pinnacle of island living, often featuring custom architecture, guest houses, and private waterfront.

Life in Parkwood-Mercer Firs revolves around privacy, estate-scale outdoor living, and the understated luxury of Mercer Island's natural environment. Residents enjoy private trails through old-growth firs, proximity to the island's exclusive tennis and swim clubs, and a neighbor network of Seattle and Eastside business leaders. The long days on market (72 DOM) reflect the rarity and exclusivity of the product rather than weak demand.

C-suite executive or founder โ€” Seeks a world-class estate property with maximum privacy and prestige near Seattle and Bellevue's business centers. International or out-of-state wealth relocating to Seattle metro โ€” Mercer Island's island exclusivity and top schools rival the best suburban enclaves nationally, making it a natural landing spot for affluent relocators. Established Mercer Island resident trading up โ€” Long-term island residents with substantial equity seek the estate-tier properties that define Parkwood-Mercer Firs as the island's crown jewel.

Real Estate Market

$8,000,000
SFH Median
$829
Per Sqft
72
Days on Market

5-Year Price Trends

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

Getting Around

Located in the northern interior of Mercer Island, Parkwood-Mercer Firs occupies elevated terrain with significant tree canopy and large parcels that create a sense of rural seclusion within minutes of downtown Bellevue.

Key commute times:

  • Microsoft Redmond: 30 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

  • Ultra-luxury estate properties with median at $8M
  • Exceptional privacy on large forested lots
  • Access to Mercer Island's top-rated school district
  • Exclusive, low-turnover neighborhood with rare listings
  • Minutes from Bellevue's financial and tech corridor
  • Old-growth fir canopy and park-like settings

Schools

Lakeridge Elementary

Elementary
9/10

Islander Middle School

Middle
8/10

Mercer Island High School

High School
9/10

Thinking about Parkwood-Mercer Firs?

I'd love to show you around and help you find the right home. Let's talk about what Parkwood-Mercer Firs has to offer.

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