Listing provided courtesy of John L. Scott, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2520530
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Request Info7204 78Th Avenue SEMercer Island, WA 98040
Single Family · 4 Beds · 1 Full Bath · 1 Half Bath · 3,040 Sq. ft. | 0.50 Acres$2,099,000
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7204 78Th Avenue SE Overview
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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.
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7204 78Th Avenue SE Facts & Features
- Type Single Family
- Sq. ft. 3,040
- Price/Sq.ft. $690
- Lot 0.50 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Mercer Island
Building Information
- New Construction: No
- Year Built: 1958
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 510 - Mercer Island
- Subdivision Name: South End
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: $12,852.00
- Tax Year: 2025
General Information
- Listing Terms: Cash
- Parcel Number: 2524049068
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
Interior
Building Information
- Building Information: Built On Lot
Parking Information
- Garage: Yes
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Half: 1
- Bathrooms Three Quarter: 0
- Bathrooms Total: 2
- Bedrooms Total: 4
- Bedrooms Lower: 1
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3040
- Building Area Units: Square Feet
- Calculated Square Footage: 3040
- Square Footage Finished: 2260
- Square Footage Unfinished: 780
General Information
- Basement: Daylight, Partially Finished
- Cooling: No
- Entry Location: Main
- Fireplace Features: Wood Burning
- Fireplace: Yes
- Fireplaces Total: 2
- Heating: Yes
- Interior Features: Fireplace
- Levels: One
- Living Area: 2260
- Main Level Bathrooms: 1
- Main Level Bedrooms: 3
- Power Production Type: Electric,Oil,Wood
Exterior
Parking Information
- Open Parking: No
- Parking Features: Attached Garage
- Parking Total: 2
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Value In Land
- Lot Size Acres: 0.505
- Lot Size Square Feet: 22000
- Lot Size Units: Square Feet
- Site Features: Deck, Gas Available
- Topography: Partial Slope
- Vegetation: Garden Space
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Attached Garage: Yes
- Roof: Composition
- Structure Type: House
General Information
- Carport: No
- Covered Spaces: 2
- Exterior Features: Wood Products
- Sewer: Sewer Connected
Room Information
Room: Bathroom Half
- Level: Lower
Room: Bedroom
- Level: Lower
Room: Bonus Room
- Level: Lower
Room: Den/Office
- Level: Lower
Room: Family Room
- Level: Lower
Room: Utility Room
- Level: Lower
Room: Bathroom Full
- Level: Main
Room: Bedroom
- Level: Main
Room: Bedroom
- Level: Main
Room: Bedroom
- Level: Main
Room: Dining Room
- Level: Main
Room: Entry Hall
- Level: Main
Room: Kitchen Without Eating Space
- Level: Main
Room: Living Room
- Level: Main
7204 78Th Avenue SE Neighborhood
Community
98040 (Mercer Island) Demographics
46
Median Age
2,001
Population Density (per sq. mile)
82%
College Educated
$150,506
Estimated Median Income
6,779
Estimated Total Home Owners
3,349
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7204 78Th Avenue SE Monthly Cost
7204 78Th Avenue SE Market Data
Based on the last 30 days in this zip code
$4,213,533
Average List Price
$1,190
Average Price per Square Foot
19
Properties Sold
60
Average Days on Market
107
Properties for Sale
7204 78Th Avenue SE History
| Date | Value | Agent |
|---|---|---|
| 5/8/2026Source: NWMLS | May 08, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |
|
| 11/9/2021Source: NWMLS | Sold |