7204 78Th Avenue SE
7204 78Th Avenue SE
7204 78Th Avenue SE
7204 78Th Avenue SE
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7204 78Th Avenue SE
7204 78Th Avenue SE
7204 78Th Avenue SE
7204 78Th Avenue SE
Provided by NWMLS, Bought with Coldwell Banker Bain and Listed by John L. Scott, Inc.
Sold

7204 78Th Avenue SE

7204 78Th Avenue SE, Mercer Island, WA 98040

$1,800,000
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.

4
beds

2
baths

3,040 Sq.Ft. LIVING AREA

0.51 Acres lot

Sarah Ford

Sarah Ford

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms2
  • full bathroom1
  • half bathroom1
  • Fireplace Wood Burning
  • other interior Features Fireplace

Area & Lot

  • Status Sold
  • Date Sold August 24, 2026
  • Living Area3,040 Sq.Ft.
  • Total Area3,040 Sq.Ft.
  • Lot Area0.51 Acres
  • MLS® ID2520530
  • TypeResidential
  • YEAR BUILT1958
  • NeighborhoodMercer Island
  • View DescriptionTerritorial
  • School DistrictMercer Island

Exterior

  • STORIES1
  • water SourcePublic
  • roofComposition
  • lot featuresCorner Lot, Value In Land
  • parkingAttached Garage
  • HEAT TYPEForced Air
  • AIR CONDITIONINGNone
  • sewerSewer Connected
  • other exterior FeaturesWood Products

Financial

  • Sales Price$1,800,000
  • Real Estate Tax $12,852/yr

Mercer Island

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Work With Sarah

My clients rave about my dedicated, professional approach and expert guidance. I have my thumb on the pulse of the market, and my antenna up for potential red flags and problems along the way. My work spans everything from entry-level homes to multi-million dollar waterfront estates, new construction, and multi-family properties.

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