Seattle · Home sale
49 Holly Hill Dr in Mercer Island sells for $8.55 million
A single-family home at 49 Holly Hill Dr, Mercer Island sold for $8,550,000 on August 28, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $8,550,000
- Sold
- August 28, 2026
- Property type
- Single-family home
- Lot size
- 26,189 sq ft
A waterfront home on Mercer Island sold for $8,550,000 on August 28, 2026, according to the King County Department of Assessments' sales records. The sale price topped the Assessor's market value of $7,203,000 by 19%.
An aerial photo shows the property sitting directly on a lake, surrounded by other houses. The parcel spans 0.6 acres, according to the Assessor's records.
The single-family home at 49 Holly Hill Dr has 4 bedrooms and 3 bathrooms, listing data shows.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $225,575 for the state real estate excise tax (graduated) and $42,750 for the local real estate excise tax (0.50%). With a 5% commission, the seller's estimated net is $7,785,243 before any mortgage payoff. A buyer putting 20% down would need about $1,798,033 at closing.
Source: King County Department of Assessments, real property sales, document 3393838. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
