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JRJeff ReynoldsCompass · Seattle

2500 81st Avenue SE #351, Mercer Island, WA 98040-2243

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Active

Listed by Franz T. Diessner, Coldwell Banker Bain

Active60 days on market

$395,000

$371 per sq ft

2500 81st Avenue SE #351, Mercer Island, WA 98040-2243

Mercer Island, WA, 98040

Beds
1
Baths
2
Sq ft
1,065
Unit
351
Floor
3
Built
1960
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

1
Bedrooms
2
Bathrooms
1,065
Square feet
$371
Per sq ft
Condominium
Type
1960
Year built
60
Days on market

Condo decision snapshot

The details buyers ask about first

Source: NWMLS listing
Monthly HOA
$1,190 monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Sewer, Trash, Water
Parking
Carport, Off Street, Uncovered
Building
Mercer Isle Condominium
Unit / floor
Unit 351 · Floor 3
Price per sq ft
$371

HOA dues are only the starting point. Jeff can help you review reserves, insurance, assessments, rental rules, and the resale certificate before you commit.

About this property

Light-filled and move-in ready, this inviting 2-bedroom, 1.5-bath Mercer Island condominium offers comfort, convenience, and an exceptional location. Fresh interior paint and new carpet create a clean, updated feeling throughout. The spacious living room is anchored by a cozy wood-burning fireplace and a dramatic wall of windows that floods the home with natural light while opening to an expansive sun terrace—perfect for morning coffee, outdoor dining, or simply enjoying the peaceful treed outlook. The functional kitchen offers new stainless-steel appliances, ample storage, and workspace. The thoughtful floor plan provides comfortable everyday living and an assigned parking space for added convenience. Ideally situated just moments from Mercer Island's vibrant town center, shops, restaurants, parks, and the Link Light Rail station, you'll enjoy a highly walkable lifestyle with easy access to both Seattle and Bellevue. A wonderful opportunity to enjoy the best of Mercer Island living!

Location & commute

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

Directions

Property details

Listing details

Listing number
#2564041
Listed
August 4, 2026
Days on market
60 (includes a prior listing period)
Price per sq ft
$371

Unit & building

Unit
351
Floor
3
Building
Mercer Isle Condominium
Stories in building
3
Unit levels
One
Units in building
89

Homeowners association

HOA dues
$1,190 monthly
Dues include
Common Area MaintenanceEarthquake InsuranceSewerTrashWater

Parking

Parking
CarportOff StreetUncovered
Covered spaces
1
Total spaces
2

Views

View
LakePartialTerritorial
View from
Unit

Construction

Year built
1960
Style
30 - Condo (1 Level)
Structure
Condominium
Roof
Flat

Heating & cooling

Heating
Radiant
Cooling
None
Energy source
Electric

Interior features

Features
Cooking-ElectricEnd UnitFireplaceInsulated WindowsPrimary BathroomTop FloorWater Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DishwasherDisposalMicrowaveRefrigeratorStove(s)/Range(s)

Community & building features

Features
Cable TVClub HouseElevatorGame/Rec RmHigh Speed Int AvailLaundry RoomLobby Entrance
Bus line nearby
Yes

Lot

Lot features
CurbsPavedSidewalk

Terms

Terms offered
CashConventional

Utilities

Water
HOA
Sewer
HOA
Power
Puget Sound Energy

Schools

District
Mercer Island
Elementary
Northwood Elem
Middle
Islander Mid
High
Mercer Isl High

Listing history

  1. Listed

    $395,000

    August 4, 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

$3,490

Principal & interest
$1,997
Property tax (est.)
$303
HOA dues
$1,190

Assumes $79,000 down (20%), a $316,000 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 5, 2026 at 2:31 PM 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.