Eastside Waterfront Real Estate Report 2026: Bellevue, Kirkland, Mercer Island & More
Quick answer: Eastside waterfront prices moved in different directions by city in 2025. Bellevue's median waterfront sale climbed 29% year-over-year to $5,000,000, and the ultra-luxury Four Points communities (Medina, Hunts Point, Yarrow Point, Clyde Hill) jumped 44% to $11,530,000. Mercer Island pulled back 28% to $5,812,500. Across the region, waterfront homes remain rare — just 3.4% of all homes sold in 2025 touched the water.
If you've been watching the Eastside waterfront market from the sidelines this year, you're not alone — and you're not wrong to feel like the numbers don't move in one direction. According to the newly released 2026 Waterfront Report from Realogics Sotheby's International Realty, that's because they don't. Each Eastside city is telling its own story right now, and understanding which story your neighborhood is telling matters whether you're thinking about listing or looking to buy.
Information and statistics compiled and reported by the Northwest Multiple Listing Service.
Eastside Waterfront, City by City
| City / Area | 2025 Median | YoY Change | Avg. Days on Market | $ / Sq. Ft. |
|---|---|---|---|---|
| Bellevue | $5,000,000 | ▲ 29% | 63 days | $1,452 |
| Kirkland | $6,550,000 | ▲ 4% | 51 days | $1,803 |
| Mercer Island | $5,812,500 | ▼ 28% | 74 days | $1,412 |
| Sammamish & Issaquah | $2,700,000 | ▼ 19% | 68 days | $1,090 |
| Four Points (Medina, Hunts Pt, Yarrow Pt, Clyde Hill) | $11,530,000 | ▲ 44% | 124 days | $2,480 |
Information and statistics compiled and reported by the Northwest Multiple Listing Service.
What's Driving the Split
Four Points and Bellevue both saw substantial price growth, but for slightly different reasons. Four Points had just 10 total waterfront sales analyzed in the entire year — at that level of scarcity, a single record sale can swing the median significantly. One property on Yarrow Point sold off-market for $18,000,000, the highest waterfront sale in the community last year.
Bellevue's growth tells a more consistent story: homes are selling faster (63 days versus 72 the year before) even as the median climbed, which is typically a sign of strong, motivated buyer demand rather than a few outlier sales skewing the numbers.
Mercer Island and Sammamish/Issaquah pulled back from unusually high 2024 comparisons. Mercer Island's 2024 median was inflated by a run of ultra-high sales; 2025's $5,812,500 median is still the third-highest in the region, even after the correction. This is a normal pattern in ultra-low-inventory markets — when there are only a handful of sales in a given year, one or two outlier transactions can make the year-over-year percentage swing look more dramatic than the underlying market actually moved.
The Bigger Picture: Waterfront Stays Rare
Zoom out from any single city, and the theme across the entire 2026 Waterfront Report holds: shoreline is finite, and finite doesn't get less finite no matter what interest rates or tax policy do. Only 3.4% of the 48,657 residential sales across the 12 counties analyzed in 2025 were waterfront properties — just 1,650 sales total. In King County specifically, waterfront sales made up only 2% of the market, yet carried a median price of $1,800,000 — 46% higher than the median for all King County homes.
Frequently Asked Questions
What is the median price of a waterfront home on the Eastside in 2026?
Median waterfront prices vary significantly by city. Bellevue's median waterfront sale reached $5,000,000 in 2025, Mercer Island came in at $5,812,500, and Kirkland at $6,550,000. The Four Points communities of Medina, Hunts Point, Yarrow Point, and Clyde Hill posted the highest median at $11,530,000.
Which Eastside city has the priciest waterfront real estate?
The Four Points communities — Medina, Hunts Point, Yarrow Point, and Clyde Hill — had the highest median waterfront sales price analyzed in the report, at $11,530,000, a 44% year-over-year increase.
Are Eastside waterfront home prices rising or falling in 2026?
It depends on the city. Bellevue rose 29% year-over-year and Four Points rose 44%. Mercer Island fell 28% and Sammamish/Issaquah fell 19%. Kirkland held relatively steady, up 4%.
How rare are waterfront homes in King County?
Extremely rare. Only 3.4% of single-family homes sold across the counties analyzed in 2025 were waterfront properties, and in King, Snohomish, and Pierce counties specifically, waterfront sales accounted for merely 2% of total residential sales.
Is now a good time to sell a waterfront home on the Eastside?
Market conditions vary by city, but several Eastside markets saw both rising prices and faster sales in 2025 — Bellevue, Mercer Island, and Kirkland all saw days-on-market decrease even as inventory modestly increased, a sign of a healthy, active market rather than a distressed one.
What is the Four Points neighborhood and why are its home prices so high?
Four Points refers to the four ultra-luxury micro-markets of Medina, Hunts Point, Yarrow Point, and Clyde Hill on the Eastside. With just 10 total residential sales analyzed in 2025 and extremely limited shoreline inventory, it commands the highest median waterfront price of any community in the report.
Freddy Delgadillo
Luxury Real Estate Advisor | Judah Realty | Realogics Sotheby's International Realty
🏆 CLHMS 🎓 CRS ⭐ ABR 🌐 Bilingual EN/ES 🏛️ 25+ Years Eastside
Whether you're weighing a waterfront sale in this shifting market or hunting for the right shoreline opportunity, I'd love to walk through what these numbers mean for your specific property or search.
📞 (425) 941-8688 | ✉️ freddy@judahrealty.com
10237 Main Street, Bellevue, WA 98004