Property Details
7204 78Th Avenue SE
Mercer Island, WA 98040
$2,099,000
Active
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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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
South End
Listed
May 8, 2026
Structure Type
House
Parcel Number
2524049068
Tax & HOA
Annual Property Tax
$12,852 (2025)
Est. Monthly Tax
$1,071/mo
Interior Features
Bedrooms
4
Bathrooms
1.5
Half Baths
1
Living Area
2,260 sq ft
Basement
Daylight, Partially Finished
Entry Level
Main
Interior Features
Fireplace
Exterior & Lot
Lot Size
0.51 sqft
Year Built
1958
Exterior Materials
Wood
Parking
Attached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Value In Land
Exterior Features
Wood Products
Community & Access
Directions
GPS works just fine.
Location
City
Mercer Island
County
King
Coordinates
47.53823, -122.23457
Schools
School District
Mercer Island
Additional Information
Tax Year
2025
Annual Taxes
$12,852
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
