7204 78Th AVE SE Mercer Island, WA 98040 Active

UPDATED: 05/08/2026 08:07 PM

$2,099,000

4 Beds1.5 Baths3,040 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $690

Subdivision South End

MLS Listing ID 2520530

Style 16 - 1 Story w/Bsmnt.

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1958

Annual Tax Amount $12,852

Lot Size 0.505 Acres

Property Sub-Type Single Family Residence

Property Description

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.


"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Digital Millennium Copyright Act – DMCA Notice
The information contained in this listing has not been verified by Blok and should be verified by the buyer.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Based on information submitted to the MLS GRID as of 05/20/2026 03:31 AM. 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.