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
- 197
- 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.
Research from Seattle Condo Authority
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Get to know Mercer Island
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Property details
Listing details
- Listing number
- #2480792
- Listed
- March 20, 2026
- Days on market
- 197
- 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
Listed
$425,000
March 20, 2026
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.
Based on information submitted to the MLS GRID as of October 12, 2026 at 5:30 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.