7204 78Th Avenue SE

Mercer Island, WA 98040

  • 4 Bed

  • 1.5 Bath

  • 3040 SqFt

  • 193 DOM

  • Built: 1958

  • Status: Active

$2,270,000

X

7204 78Th Avenue SE

Mercer Island 98040

$2270000

  • 4 Bed

  • 1.5 Bath

  • 3040 SqFt

  • 193 DOM

  • Built: 1958

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Exceptional Development Opportunity on Mercer Island. A generous 22,000 sq ft corner lot in one of MI’s most desirable neighborhoods. Preliminary subdivision approval granted—ready to be divided into two lots. 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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Residence Information

  • 3040

  • 2/Gas

  • 4

  • 1

  • 1

  • 1.5

  • Composition

  • 2,

  • 16 - 1 Story w/Bsmnt.

  • 1958

  • Daylight, Partially Finished

  • Daylight, Partially

Features and Utilities

  • Fireplace

  • Wood Products

  • Public

  • Sewer Connected

Financial

  • 12852

  • Cash Out

  • 06-07-2025

Comparable Information

  • 193

  • 193

  • Cash Out

  • $2,270,000

  • $2,270,000

  • Dec 17, 2025 18:06

Schools

Map

Listing courtesy of John L. Scott, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Dec 23, 2025 03:18 | Listing last modified Dec 17, 2025 18:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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