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For Sale 9 Days Online
$2,099,000
4 Bedrooms
1.5 Bathrooms
3,040 Sqft House (2,260 Finished)
Built 1958
22,000 Sqft Lot
2-Car Garage
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.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2520530
Listed by
Xia Zhao, John L. Scott, Inc.
Contact our
Mercer Island
Real Estate Lead
John L. Scott
Phone...
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
BDRM
FULL
BATH
LOWER
BDRM
½
BATH
Property History
May 08, 2026
Listed
$2,099,000
NWMLS #2520530
Jun 07, 2025
Listed
$2,270,000
NWMLS #2389394
Nov 03, 2021
Sold
$1,680,000
More
Listing Details
  • Status
    For Sale
  • Price
    $2,099,000
  • Original Price
    Same as current
  • List Date
    May 8, 2026
  • Last Status Change
    May 8, 2026
  • Last Update
    May 8, 2026
  • Days on Market
    9 Days
  • Cumulative DOM
    10 Days
  • $/sqft (Total)
    $690/sqft
  • $/sqft (Finished)
    $929/sqft
  • Listing Source
  • MLS Number
    2520530
  • Listing Broker
    Xia Zhao
  • Listing Office
    John L. Scott, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $11,003 / month
  • Property Taxes
    $1,071 / month
  • Homeowners Insurance
    $397 / month
  • TOTAL
    $12,471 / month

  • based on 20% down
    ($419,800)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    3,040 sqft
  • Sqft (Finished)
    2,260 sqft
  • Sqft (Unfinished)
    780 sqft
  • Property Type
    House
  • Sub Type
    1 Story + Basement
  • Bedrooms
    4 Bedrooms
  • Bathrooms
    1.5 Bathrooms
  • Lot
    22,000 sqft Lot
  • Lot Size Source
    Public Resource
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    2 stories
  • Basement
    Daylight
    Partially Finished
  • Sqft Source
    Public Resource
Property Tax Info
  • 2025 Property Taxes
    $12,852 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Mercer Island
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    2-Car
  • Types
    Attached Garage
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    2
Views
  • Territorial
Construction
  • Year Built
    1958
  • Home Builder
    Unspecified
Cooling
  • Includes
    None
Heating
  • Includes
    Forced Air
Interior
  • Features
    Fireplace
Property
  • Lot Features
    Corner Lot
    Value In Land
  • Site Features
    Deck
    Gas Available
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
Utilities
  • Energy
    Electric
    Oil
    Wood
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 510
  • Number of Photos
    4
  • Last Modification Time
    Friday, May 8, 2026 5:07 AM
  • System Listing ID
    5552794
Update Info
  • First For Sale
    2026-05-08 04:07:31
Listing details based on information submitted to the MLS GRID as of Friday, May 8, 2026 5:07 AM. 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 9 Days Online
$2,099,000  
4 BR    1.5 BA    3,040 SQFT  
Offer Review: Anytime
NWMLS #2520530. Xia Zhao, John L. Scott, Inc.
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.