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JRJeff ReynoldsCompass · Seattle

3427 72nd Place SE, Mercer Island, WA 98040

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Active

Listed by Sarah Ford, Coldwell Banker Bain

Active0 days on market

$4,250,000

$1,025 per sq ft

3427 72nd Place SE, Mercer Island, WA 98040

Mercer Island, WA, 98040

Beds
5
Baths
5
Sq ft
4,148
Built
2027
Parking
Attached Carport, Attached Garage
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.

5
Bedrooms
5
Bathrooms
4,148
Square feet
$1,025
Per sq ft
Single Family Residence
Type
2027
Year built
7,500 sq ft
Lot
0
Days on market

About this property

Skip the search for land and the long road through design and approvals. This fully permitted First Hill offering is an opportunity to purchase a brand-new modern home before construction begins—and still have time to personalize selected finishes with the builder. Designed for modern living, this 4,148 SqFt home offers 5 bedrooms, 4.5 baths, expansive windows, abundant natural light and dramatic volume, including a showstopping two-story living room. Sunny western exposure, covered decks and a rooftop deck create inviting spaces for outdoor living, with lake, mountain and sunset views. The sleek, light-filled kitchen features a generous island, large pantry and premium appliances. The main-floor office with French doors is a perfect work-from-home space. The upper level has 3 bedrooms, including a luxurious primary suite with a private covered deck, western views and spa-inspired bath. The lower level offers a rec room, 4th bedroom and a separate approx. 700 SqFt 1 bedroom 1 bath apartment/ADU. Built by Artoush Homes, an experienced builder committed to thoughtful design, craftsmanship and enduring quality, completion is anticipated by Summer 2027. (NOTE: Renderings in listing are intended to help illustrate the home’s planned style, quality, layout and flow; final finishes and details may vary). Enjoy popular First Hill with tree-lined streets, nearby greenbelt trails to Town Center, the farmers market, shops, cafés and restaurants, and a charming park two blocks away.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2566836
Listed
August 11, 2026
Days on market
0
Price per sq ft
$1,025

Unit & building

Unit levels
Two

Parking

Parking
Attached CarportAttached Garage
Covered spaces
3
Total spaces
3

Views

View
LakeMountains

Construction

Year built
2027
Style
18 - 2 Stories w/Bsmnt
Structure
House
Roof
Flat
New construction
Yes

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
Central Air
Energy source
ElectricNatural Gas

Interior features

Features
Second KitchenBath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceFrench DoorsHigh Tech CablingPantrySecurity SystemVaulted Ceiling(s)Walk-In Closet(s)
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
Ceramic TileEngineered HardwoodCarpet

Appliances

Appliances
DishwasherDisposalMicrowaveRefrigeratorStove(s)/Range(s)

Lot

Lot features
Paved
Lot size
7,500 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Mercer Island
Sewer
City of Mercer Island
Power
Puget Sound Energy

Schools

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

Listing history

  1. Listed

    $4,250,000

    August 11, 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

$24,748

Principal & interest
$21,490
Property tax (est.)
$3,258

Assumes $850,000 down (20%), a $3,400,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 11, 2026 at 1:30 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.