$2,270,000

7204 78Th Avenue SE, Mercer Island, WA 98040

  • 4 beds |
  • 2 baths |
  • 2,260 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon0.51acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $1,004/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Xia Zhao, John L. Scott, Inc.

Exceptional Development Opportunity on Mercer Island. A generous 22,000 sq ft corner lot in one of MI’s most desirable neighborhoods. Preliminary subdivision approval granted—ready to be divided into two lots. 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.

Listing Status:
Active
Listing Office:
John L. Scott, Inc. : 425-883-6464
Listing Agent:
Xia Zhao : 425-883-6464
MLS ID:
2389394
  • General: Fireplace
  • Basement: DaylightPartially Finished
  • A/C: None
  • Heating: Forced Air
  • Fireplace: Wood BurningFireplaceFireplaces: 2

This listing courtesy of Xia Zhao, John L. Scott, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lakeridge Elementary School

8215 SE 78th St, Mercer Island, WA, 98040

Grades KG-5

0.49 miles away

I

Islander Middle School

8225 SE 72nd St, Mercer Island, WA, 98040

Grades 6-8

0.30 miles away

M

Mercer Island High School

9100 SE 42nd St, Mercer Island, WA, 98040

Grades 9-12

2.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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