PROPERTIES FOR SALE

7204 78Th Avenue SE Mercer Island, WA 98040

NWMLS Courtesy of John L. Scott, Inc.
7204 78Th Avenue SE
Mercer Island, WA 98040
$2,270,000
Residential
4 Beds
1.50 Baths
3040 SqFt
Active
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Exceptional Development Opportunity on Mercer Island. A generous 22,000 sq ft corner lot in one of MI’s most desirable neighborhoods. Pre-app with the City is complete with 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.

Property Features

Community: South End
1 Story w/Bsmnt.
View: Territorial
Deck
Gas Available
Exterior: Wood Products
Roof: Composition
Parking: Attached Garage
Year Built: 1958
2025 Taxes: $12852.00
Buyer Broker Compensation: 2.5%
Listing #: 2389394

Lot Details

Lot Size: 0.51 acres
Corner Lot
Value In Land

Interior

Fireplace
Cooling: None
Heating: Forced Air
Electric
Oil
Wood
Fireplaces: 2

Schools

District: Mercer Island
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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