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Charming Mercer Island Rental Properties

Mercer Island is a prestigious “island paradise” nestled in Lake Washington, offering a uniquely serene retreat between the bustling tech hubs of Seattle and Bellevue. Known for its exceptional quality of life, the island features over 475 acres of parkland, including the 77-acre Luther Burbank Park and the extensive hiking trails of Pioneer Park. Residents enjoy a peaceful, suburban atmosphere with highly-rated schools and low crime rates, all while being just a short, 15-minute commute from downtown Seattle via the I-90 corridor. The vibrant Town Center serves as the island’s hub, offering walkable access to upscale dining, local boutiques, and the popular Mercer Island Farmers Market.

Living and Renting in Mercer Island, WA

Avenue One is your expert partner in finding the perfect home within our exclusive portfolio of Mercer Island rental properties. The local rental market offers a diverse range of high-end options, from luxury waterfront estates and mid-century modern single-family homes to sophisticated, amenity-rich apartments in the heart of the downtown district. Whether you are seeking a spacious family residence near the prestigious Mercer Island School District or a modern condo with stunning lake views, our dedicated management team provides the localized support and professional service needed for a seamless leasing experience. Renting on the island allows you to experience this luxurious enclave’s unique blend of natural beauty and urban proximity before committing to a long-term investment.

Search for Cities We Serve In

Avenue One Residential services the greater Seattle area. Here is a short list of a few cities and neighborhoods that we’re proud to service:

Seattle
Bellevue
Kirkland
Mercer Island
Renton
Issaquah
Redmond
Ballard
Queen Anne
Magnolia
Downtown Seattle
Capitol Hill
West Seattle
Edmonds
Bothell
Lynnwood

Please contact us directly to inquire regarding a specific location.

View Available Mercer Island Rental Properties

9330 NE 40th St, Yarrow Point, WA 98004 MAP

Beds 5 Bed Baths 4.5 Baths | 5,367 Sq. Ft.

$19,500 /mo

Available 11/14/26

(206) 356-9851

Yarrow Point Home

A striking expression of design-forward luxury in coveted Yarrow Point, one of the Eastside’s most prestigious residential enclaves. Brand-new construction, extraordinary craftsmanship, and thoughtfully curated finishes come together in a home as sophisticated as it is inviting. Natural wood, stone, glass, and steel create a distinctive architectural statement, complemented by the latest in smart-home technology, central air-conditioning, and elevated everyday comforts. Exceptional amenities and uncompromising attention to detail—this is Yarrow Point living at its finest.

A dramatic entry introduces soaring ceilings, rich natural wood tones, crisp contemporary finishes, and bold black accents. The main level unfolds into an expansive, light-filled living room anchored by a sleek gas fireplace, opening to an elegant dining area and spectacular statement kitchen. Top-tier appliances, generous entertaining spaces, and a walk-in butler's pantry make this an epicurean's dream. A beautifully appointed private office and chic powder room complete the level.

Extending the living and dining spaces, a fabulous covered outdoor terrace is designed for year-round enjoyment. Complete with a built-in grill, overhead heaters, and integrated sound system, it's an exceptional setting for intimate evenings or effortless entertaining.

Upstairs, four beautifully appointed bedroom suites offer privacy and refined comfort. The expansive primary suite features a gas fireplace, private balcony, and west- and north-facing glimpses of Lake Washington and the surrounding landscape. The sophisticated primary bath offers a personalized experience with programmable, touch-controlled shower settings and multiple shower heads. An impressive, walk-in closet provides exceptional wardrobe space and organization. Each additional bedroom enjoys its own ensuite bath with heated floors and motion-activated lighting, along with ample closet space —thoughtful details that elevate everyday living.

The lower level is dedicated to leisure and entertaining. A sleek bar area outfitted with a dishwasher, refrigeration and wine storage, opens to a generous recreation space ideal for billiards and gathering with friends. An adjacent media lounge sets the stage for movie nights, Sunday football, and relaxed evenings at home. A fifth bedroom suite with its own private bath offers an ideal accommodation for guests or extended stays, while a second laundry room adds another layer of convenience.

Beyond the interiors, beautifully designed grounds feature lush, professionally curated landscaping, dramatic landscape lighting, and gated access for added privacy - landscape maintenance is included. A two-car garage with dual-sided EV outlets completes the offering.

Yarrow Point is one of the Eastside’s most coveted communities — an exclusive residential enclave known for its quiet streets, manicured properties, and strong sense of privacy. Ideally positioned between Bellevue and Kirkland, and just a short commute to Seattle, the location offers exceptional convenience without sacrificing the charm of a connected neighborhood. Residents enjoy proximity to world-class dining, upscale shopping, vibrant downtown districts, major employers, and served by top-rated Bellevue schools. A rare blend of exclusivity, accessibility, and community.

No pets, thank you. No smoking. All utilities are a tenant responsibility: water, sewer, garbage, gas, electricity and cable/WiFi. Refundable security deposit equal to one month’s rent. $1,000 nonrefundable cleaning fee. Renter’s Insurance required.

*** Some photos have been virtually staged using AI to demonstrate the home's furnishing potential. Furnishings shown are for illustrative purposes only.

For more information, or to schedule a visit please contact Lisa Russell, Avenue One Residential, Seattle, WA at lisa@avenueoneresidential.com or 206-356-9851.

To review our application screening criteria, please copy and paste this link into your browser: https://www.avenueoneresidential.com/wp-content/uploads/2024/10/Screening-Criteria-2.pdf

Rental Terms

  • Rent: $19,500
  • Application Fee: $60
  • Security Deposit: $19,500
  • Available 11/14/26

Pet Policy

  • Cats not allowed
  • Dogs not allowed

Amenities

  • Media Room
  • Central Air Conditioning
  • Large Entertaining Spaces
  • Cat-5 Wiring
  • Landscape Maintenance Included
  • Wonderful Indoor-Outdoor Living
  • Desirable Yarrow Point Neighborhood
  • 2-Car Attached Garage with EV Charging
  • Brand-New Construction
  • Design-Forward Luxury
  • Exceptional Amenities
  • Dedicated Office Space
  • Smart-Home Features Throughout

Appliances

  • Luxury Appliance Suites
Schedule ShowingContact Us

Avenue One
(206) 356-9851