7204 78Th Avenue SE, Mercer Island, WA 98040

4 beds |
2 baths |
2,260 sqft

Single-Family Home
Built in 1958
0.51acre lot
—— car garage
$929/sqft
Listed 12 days ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 7:19AM
Listing Office:: John L. Scott, Inc. : 425-883-6464
Listing Agent:: Xia Zhao : 425-883-6464
MLS ID:: 2520530

General: Fireplace
Basement: DaylightPartially Finished
A/C: None
Heating: Forced Air
Fireplace: Wood BurningFireplaceFireplaces: 2

General: Wood Products
Parking: Attached GarageParking spaces: 2

Roofing: Composition
General: One

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Mercer Island
County: King

Topography: Partial Slope
Zoning: 2524049068
View: TerritorialView

Water: Public
Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Xia Zhao , John L. Scott, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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