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JRJeff ReynoldsCompass · Seattle

Listed by Amy Thompson, Realogics Sotheby's Int'l Rlty

2
Bedrooms
1
Bathrooms
965
Square feet
$414
Per sq ft
Condominium
Type
1960
Year built
152
Days on market

About this property

PRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new light rail station and just moments from Luther Burbank Park, downtown Mercer Island, the Community Center, waterfront parks, and regional walking and biking trails. Enjoy rare features including no rental cap, a conveniently located covered carport near the entrance, large storage unit (#14), and an approved, recorded in-unit washer/dryer. Building amenities include an elevator and club/conference room (currently being renovated). The fully renovated interior features a designer kitchen with farmhouse sink, updated bathroom, new lighting, fireplace, custom closet organizers, air conditioning, and a private in-unit washer/dryer. Bright, open living spaces extend to an expansive west-facing veranda—perfect for relaxing, entertaining, and enjoying beautiful sunset views. Located in Mercer Island's award-winning school district with quick access to both Seattle and Bellevue, this home offers exceptional convenience, flexibility, and investment potential. Price has been significantly improved, and the seller will pay 6 months of HOA dues—making this an exceptional opportunity for homeowners and investors alike.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2480792
Listed
March 20, 2026
Days on market
152
Price per sq ft
$414
Original list price
$425,000

Unit & building

Unit
118
Floor
2
Building
Mercer Isle Condominiums
Stories in building
3
Unit levels
One
Units in building
89

Homeowners association

HOA dues
$1,070 monthly
Dues include
Earthquake InsuranceLawn ServiceRoad MaintenanceSewerSnow RemovalTrashWater

Parking

Parking
CarportOff StreetUncovered
Covered spaces
1
Total spaces
1

Views

View
CityTerritorial
View from
See Remarks,Unit

Construction

Year built
1960
Style
30 - Condo (1 Level)
Structure
House
Roof
FlatTorch Down

Heating & cooling

Heating
Baseboard
Cooling
Window Unit(s)
Energy source
Electric

Interior features

Features
Cooking-ElectricDryer-ElectricFireplaceInsulated WindowsWasherWater Heater
Fireplaces
1
Fireplace type
See RemarksWood Burning

Flooring

Flooring
Vinyl Plank

Appliances

Appliances
DishwasherDisposalDryerRefrigeratorStove(s)/Range(s)

Community & building features

Features
Club HouseElevatorHigh Speed Int AvailLaundry RoomLobby EntranceOutside EntrySee Remarks
Bus line nearby
Yes

Lot

Lot features
CurbsOpen SpacePavedSidewalk

Terms

Terms offered
CashConventional

Utilities

Water
HOA
Sewer
HOA

Schools

District
Mercer Island

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Earthquake Insurance
  • Lawn Service
  • Road Maintenance
  • Sewer
  • Snow Removal
  • Trash
  • Water
  • Carport
  • Off Street
  • Uncovered
  • City

Listing history

  1. Listed

    $425,000

    March 20, 2026

  2. Current price

    $399,950

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,399

Principal & interest
$2,022
Property tax (est.)
$307
HOA dues
$1,070

Assumes $79,990 down (20%), a $319,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

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Based on information submitted to the MLS GRID as of August 28, 2026 at 3:15 AM PDT. 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.