7204 78th Avenue Se, Mercer Island, WA 98040

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: xia zhao
Office: john l. scott, inc.
MLS#:2389394
Source:NWMLS
7204 78th Avenue Se,Mercer Island, WA 98040
$2,270,000
  • 4 Beds
  • 2 Baths
  • 3,040 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,270,000
  • Price per sq. ft.:$746.71

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. 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.

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Home facts

  • Year built:1958
  • Listing ID #:2389394
  • Updated:November 15, 2025 at 12:06 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • 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

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,270,000
  • Price per sq. ft.:$746.71
  • Tax amount:$12,852 (2025)
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