Bought with: Coldwell Banker Bain
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7204 78Th AVE SE Mercer Island, WA 98040
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Key Details
Sold Price $1,800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $592
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.
Location
State WA
County King
Area 510 - Mercer Island
Interior
Fireplaces Number 2
Fireplaces Type Wood Burning
Exterior
Exterior Feature Wood Products
Amenities Available Deck, Gas Available
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Value In Land
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Mercer Island
Others
Acceptable Financing Cash
Listing Terms Cash
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