Listed by Xia Zhao, John L. Scott, Inc.
- 4
- Bedrooms
- 2
- Bathrooms
- 3,040
- Square feet
- $690
- Per sq ft
- Single Family Residence
- Type
- 1958
- Year built
- 22,000 sq ft
- Lot
- 65
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2520530
- Listed
- May 8, 2026
- Days on market
- 65
- Price per sq ft
- $690
Unit & building
- Unit levels
- One
Parking
- Parking
- Attached Garage
- Covered spaces
- 2
- Total spaces
- 2
Views
- View
- Territorial
Construction
- Year built
- 1958
- Style
- 16 - 1 Story w/Bsmnt.
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- ElectricOilWood
Interior features
- Features
- Fireplace
- Fireplaces
- 2
- Fireplace type
- Wood Burning
Lot
- Lot features
- Corner LotValue In Land
- Lot size
- 22,000 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- Public
- Sewer
- Sewer Connected
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
- Attached Garage
- Territorial
- House
- Composition
- Forced Air
- None
- Electric
- Oil
- Wood
- Fireplace
- Wood Burning
Listing history
Listed
$2,099,000
May 8, 2026
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
$12,223
- Principal & interest
- $10,614
- Property tax (est.)
- $1,609
Assumes $419,800 down (20%), a $1,679,200 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 July 14, 2026 at 12:15 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.