7204 78th Avenue Se, Mercer Island, WA 98040

Mercer Island
Local realty services provided by:Imagine Realty ERA Powered
Listed by: xia zhao
Office: john l. scott, inc.
MLS#:2520530
Source:NWMLS
7204 78th Avenue Se,Mercer Island, WA 98040
$2,099,000
  • 4 Beds
  • 2 Baths
  • 3,040 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,099,000
  • Price per sq. ft.:$690.46

About this home

Exceptional Development Opportunity on Mercer Island. A generous 22,000 sq ft corner lot in one of MI’s most desirable neighborhoods. Site Development permitting is in process. The lot’s regular shape supports optimal design flexibility, allowing future homes to maximize the 40% FAR. Enjoy an unbeatable location just minutes from the lake, parks, shopping, and top-rated schools—all within walking distance. An existing home on the property has been modestly updated. Whether you’re a builder, investor, or homeowner with vision, this is a prime opportunity to capitalize on the scarcity of developable land on MI. Bring your team and start the permitting process.

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Home facts

  • Year built:1958
  • Listing ID #:2520530
  • Updated:May 08, 2026 at 02:03 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 3
  • Basement:Yes
  • Basement Description:Daylight, Partially Finished
  • Living area:3,040 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Building area:3,040 sq. ft.
  • Lot area:0.51 Acres
  • Lot Features:Corner, Value In Land
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Deck
  • Foundation Description:Daylight, Partially Finished
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,099,000
  • Price per sq. ft.:$690.46
  • Tax amount:$12,852 (2025)

Features and amenities

  • Amenities:Gas Available

Parking

  • Total parking spaces:2
  • Parking description:Attached Garage
  • Garage:Yes
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 8, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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