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For Sale 39 Days Online
$475,000
Waterfront
25,125 Sqft Lot
No Garage
Rare Mercer Island land opportunity! This expansive 18,637 SF lot sits quietly next to Pioneer Park, offering a peaceful, wooded backdrop and exceptional privacy. Preliminary plans for a 6,000+ SF custom home are available, and the seller will provide all existing site studies—including boundary and topographical survey, arborist report, geotechnical survey, and more. The sellers are not pursuing permitting and will not be engaging with the city, giving buyers the flexibility to build according to their own vision and timeline. Whether you're a builder, investor, or future homeowner, this competitively priced parcel presents a unique chance to develop something extraordinary in one of the most desirable locations on the Island.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2405733
Listed by
Matthew Chapman, Windermere Real Estate/East
Brian Nienaber, Marketplace Sotheby's Intl Rty
Contact our
Mercer Island Waterfront
Real Estate Lead
John L. Scott
Phone...
Property History
Jul 10, 2025
Listed
$475,000
NWMLS #2405733
Feb 28, 2025
Back on Market
$599,000
NWMLS #2297083
Dec 16, 2024
Went Pending Feasibility
$599,000
NWMLS #2297083
Oct 01, 2024
Listed
$599,000
NWMLS #2297083
Jan 25, 2024
Back on Market
$699,000
NWMLS #2142254
Dec 31, 2023
Went Pending
$699,000
NWMLS #2142254
Jul 24, 2023
Listed
$699,000
NWMLS #2142254
More
Listing Details
  • Status
    For Sale
  • Price
    $475,000
  • Original Price
    Same as current
  • List Date
    July 9, 2025
  • Last Status Change
    July 10, 2025
  • Last Update
    August 13, 2025
  • Days on Market
    39 Days
  • Cumulative DOM
    39 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2405733
  • Listing Broker
    Matthew Chapman
  • Listing Office
    Windermere Real Estate/East
Monthly Payment Estimate
  • Principal and Interest
    $2,490 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $101 / month
  • TOTAL
    $2,591 / month

  • based on 20% down
    ($95,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Res-Less than 1 Acre
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    25,125 sqft Lot
  • Lot Size Source
    Realist
  • Lot #
    7
  • Project
    MI Shrt Plat 82-09-18
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Mercer Island
  • Elementary
    Buyer To Verify
  • Middle
    Islander Mid
  • High School
    Mercer Isl High
Waterfront
  • Waterfront
    Yes
  • Type
    Creek
  • Frontage
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • Territorial
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    Yes
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 510
  • Number of Photos
    6
  • Last Modification Time
    Wednesday, August 13, 2025 12:27 PM
  • System Listing ID
    5459302
Update Info
  • First For Sale
    2025-07-10 16:12:36
Listing details based on information submitted to the MLS GRID as of Wednesday, August 13, 2025 12:27 PM. 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.
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For Sale 39 Days Online
$475,000  
Offer Review: Anytime
NWMLS #2405733. Matthew Chapman, Windermere Real Estate/East
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.