Texas Oil Baron Buys $28M Mercer Island Estate | Seattle News

A $28 million waterfront estate on Mercer Island just sold to Texas oil exec Rodney R. Lewis and Hanne Maureen Zak — one of the biggest luxury deals in Puget Sound this year. The sprawling two-home property, with over 100 feet of Lake Washington frontage, includes a 7,900 sq ft main house, a 5,000 sq ft guest home, pool, and private dock. Lewis, CEO of Lewis Energy Group and founder of the world’s largest private WWII aircraft collection, is buying into a market where even top-tier homes are adjusting prices — like a $85M estate that sold for $38M. The original owners, Northview Trust, bought the land for $9.1M over two decades ago, making this sale a massive profit and a telling sign of shifting luxury real estate trends. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/05729a64ba820813