7204 78th Avenue Se, Mercer Island, Washington 98040

WA, Mercer Island
$2,270,000
  • 4 Beds
  • 2 Bath
  • 3,040 Sqft
  • Residential Property Type
  • 1958 Year Built
  • Expired Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2389394
  • Price: $2,270,000
  • View: Territorial
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 3,040 Sqft
  • Year Built: 1958
  • Lot Area: 0.51 Acre
  • Status: Expired
  • Office Name: John L. Scott, Inc.
  • Agent Name: Xia Zhao
  • Full Bathrooms: 1
  • Property Sub Type: Single Family Residence
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System None
  • Basement Daylight, Partially Finished
  • Fireplace Wood Burning
  • Parking Attached Garage
  • Exterior Features Wood Products
  • Fireplaces Total: 2
  • Interior Features Fireplace
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Mercer Island
  • Zipcode 98040
  • Street: 78Th
  • Street Number: 7204
  • Street Suffix: Avenue
  • Longitude: W123° 45' 55.6''
  • Latitude: N47° 32' 17.6''
  • Directions: GPS works just fine.
  • Mls Area Major: 510 - Mercer Island
  • Street Dir Suffix: SE
Neighborhood
  • High School District: Mercer Island
Additional Information
  • Water Source: Public
  • On Market Date: 2025-06-07
  • Lot Features: Corner Lot, Value In Land
  • Levels: One
  • Construction Materials: Wood
  • Attached Garage Yn: 1
Financial
  • Tax Annual Amount: 12852
Listing Information
  • List Agent Mls Id: 109139
  • List Office Mls Id: 6042
  • Listing Term: Cash Out
  • Mls Status: Expired
  • Modification Timestamp: 2026-01-31T08:18:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-01-31T08:16:24Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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