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$2,270,000

Listing Price

4beds

2baths

2,260sqft

22,000sqft lot

7204 78th Ave Se, Mercer Island, WA 98040

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

797.81

Price / sqft

1958

Year built

Home Details

Exceptional Development Opportunity on Mercer Island. A generous 22,000 sq ft corner lot in one of MIs most desirable neighborhoods. Preliminary subdivision approval grantedready to be divided into two lots. The lots 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 schoolsall within walking distance. An existing home on the property has been modestly updated. Whether youre 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.

Interior Details

Square Feet
  • 2260

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full, Daylight

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 22000

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$9,386

$1,348,000

$70,000

--%

$1,418,000

2020

$9,386

$1,177,000

$10,000

--%

$1,187,000

2019

$8,755

$1,154,000

$10,000

--%

$1,164,000

2018

$9,151

$1,044,000

$10,000

--%

$1,054,000

2017

$7,861

$955,000

$10,000

--%

$965,000

2015

$7,093

$800,000

$10,000

--%

$810,000

2014

$6,792

$742,000

$1,000

--%

$743,000

2012

$6,549

$684,000

$1,000

--%

$685,000

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Average Home Price in 98040

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$2,042,315

5 Beds

2.5 Baths

2,440 Sqft

10,800 Lot (sqft)

Sold 10/09/2026

$1,927,705

4 Beds

3.25 Baths

1,960 Sqft

13,200 Lot (sqft)

Sold 10/06/2026

$1,892,393

5 Beds

2.5 Baths

2,410 Sqft

15,300 Lot (sqft)

Sold 10/06/2026

$2,270,000

4 Beds

2 Baths

2,260 Sqft

22,000 Lot (sqft)

Sold 09/29/2026

$2,602,957

4 Beds

2.5 Baths

2,460 Sqft

10,551 Lot (sqft)

Sold 10/06/2026

$2,599,673

3 Beds

2 Baths

2,400 Sqft

13,269 Lot (sqft)

Sold 10/06/2026

$1,819,020

5 Beds

2.5 Baths

2,130 Sqft

11,351 Lot (sqft)

Sold 09/29/2026

$2,153,261

4 Beds

2.5 Baths

2,490 Sqft

16,789 Lot (sqft)

Sold 10/06/2026

$3,198,000

5 Beds

4 Baths

2,560 Sqft

10,800 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,270,000
$
Down payment
454,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
13,620
$
HOA (Monthly)
0
$
PMI
0
$
$14,694
Your Payment
Total Monthly Payment:$14,694
Percent of Income:252%
Affordable:No

Details for 7204 78TH AVE SE

Property Debt

Foreclosure Contact Details