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Check out this $3M custom Cape Cod mansion on Mercer Island

Pay $2,995,000 and be prepared for Seafair, or at least some epic parties

How much do you care about the hydro races? Pay $2,995,000 and be prepared for Seafair, or at least some epic parties that you can spread out through the rest of the year, too.

On one side of this 6,220 square foot house designed by Peter Stoner there are trimmed gardens with hardly any lawn to worry about. On the other side is a broad lawn that can appeal to anyone who likes playing backyard games. Between the two is a 5 bedroom, 5 bathroom house that has a view of Lake Washington and is within earshot of the roar of the unlimiteds. With 0.32 acres to work with, there's plenty of room for people and playing.

The house was built in 2001 in a Craftsman style, but bigger. All of those beds and baths don't fill the space. There's plenty left over for casually formal spaces; like a dedicated living and dining room, which can seem formal, but done in a style that is relaxed instead of pretentious. The kitchen is expansive and decorated in a country style with a checkerboard back splash, wood and glass cupboards, and a large island for recipes that need lots of workspace.

Play space isn't just a bit of lawn. A basketball (half) court makes use of the driveway in front of the three car garage. Inside, they've set a gym beside a ping pong table beside a pool table. Using all three simultaneously might make for a good video.

The property is a few streets back from the water, but Seafair is a big thing, hard to miss, and may seem like it's in your backyard. For someone, that will be a great reason for a party and some playing - and maybe some ear plugs.

· 3401 72nd Ave SE, Mercer Island [Zillow]