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For Sale 10 Days Online
$7,300,000
Waterfront
1.25 Acres Lot
No Garage
HOA Dues $120 / month
Opportunities like this are Nearly Extinct - 1.25 acre Buildable site with 175 feet of low bank waterfront + 100' ft dock for your yacht or personal watercraft. Space for an 18 car garage, but flexible to designate how you would choose. Commanding North Westerly views of the water, the East Channel Bridge, Mercer Island, and Beaux Arts. Located minutes from DT Seattle or Bellevue, yet feels like a private retreat. #1 school district in the state. A rare blank canvas - The foundation is in place, but you decide the home’s design. Active Permits = short timeline to enjoyment. The freedom to build your legacy on the area's largest lake.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2440167
Listed by
Mick P Hanson, Engel & Voelkers Mercer Island
Contact our
Bellevue Waterfront
Real Estate Lead
John L. Scott
Phone...
Property History
Oct 01, 2025
Listed
$7,300,000
NWMLS #2440167
Jun 03, 2025
Price Increase arrow_upward
$7,300,000
NWMLS #2334894
Mar 19, 2025
Listed
$6,700,888
NWMLS #2334894
More
Listing Details
  • Status
    For Sale
  • Price
    $7,300,000
  • Original Price
    Same as current
  • List Date
    October 1, 2025
  • Last Status Change
    October 1, 2025
  • Last Update
    October 10, 2025
  • Days on Market
    10 Days
  • Cumulative DOM
    195 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2440167
  • Listing Broker
    Mick P Hanson
  • Listing Office
    Engel & Voelkers Mercer Island
Monthly Payment Estimate
  • Principal and Interest
    $38,267 / month
  • HOA
    $120 / month
  • Property Taxes
    $3,799 / month
  • Homeowners Insurance
    $1,241 / month
  • TOTAL
    $43,427 / month

  • based on 20% down
    ($1,460,000)
  • 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-Over 1 Acre
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    1.25 Acres Lot
  • Lot Size Source
    Tax
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2025 Property Taxes
    $45,587 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Bellevue
  • Elementary
    Newport Heights Elem
  • Middle
    Tyee Mid
  • High School
    Newport Snr High
Waterfront
  • Waterfront
    Yes
  • Type
    Low Bank
    Lake
  • Frontage
    175 Feet
HOA
  • HOA Dues
    $120 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Common Area Maintenance
    See Remarks
  • HOA Contact
    Unspecified
  • Management Contact
Community Features
  • Community Features
    CCRs
    Club House
    Playground
    Trail(s)
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • Lake
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Cul-De-Sac
    Paved
    Sidewalk
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    On Property
  • Water Source
    On Property
Additional Info
  • Waterfront
    Yes
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2%
  • MLS Area #
    Area 500
  • Number of Photos
    12
  • Last Modification Time
    Friday, October 10, 2025 2:49 PM
  • System Listing ID
    5488547
Update Info
  • First For Sale
    2025-10-01 15:26:34
Listing details based on information submitted to the MLS GRID as of Friday, October 10, 2025 2:49 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 10 Days Online
$7,300,000  
Offer Review: Anytime
NWMLS #2440167. Mick P Hanson, Engel & Voelkers Mercer Island
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.