The Story

7204 78th Avenue Southeast

Mercer Island, WA 98040 · Home

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.


Facts & Features

Property Info

Price
$2,099,000
Completion Year
1,958
Living Space
2,260 sq ft
Bedrooms
4
Bathrooms
2
Lot size
1 acres

Features & Amenities

Fireplace

2 fireplaces

Basement

Yes

Heating

Electric, Oil, Wood, Forced Air

Roof

Composition

Lot Information

Corner Lot

Exterior

Garden

Water Source

Public

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Listing Broker

John L. Scott, Inc.

Broker Name

John L. Scott, Inc.

Agent

Xia Zhao

Location

Redmond WA 98052