Prime 22,000 Sq Ft Lot in Desirable Mercer Island Location

USD $2,270,000
7204 78th Avenue Southeast, Mercer Island, Washington, 98040, USA

Property Highlights

  • Large 22,000 sq ft corner lot
  • Preliminary subdivision approval granted
  • Regular lot shape for design flexibility
  • Close to lake, parks, shopping
  • Near top-rated schools
  • Existing home with modest updates

Overview

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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Property Features

7204 78th Avenue Southeast, Mercer Island, Washington, 98040, USA offers the following features:

Bedrooms: 4
Bathrooms: 1 Full | 1 Half
Living Area: 3040sf
Property Type: Residential
Status: Active
Reference ID: 2389394

What's Nearby

Local businesses near 7204 78th Avenue Southeast, Mercer Island, Washington, 98040, USA:

School: < 1 mile
Public Transportation: < 1 mile
Gym: < 1 mile
Grocery/Shopping Center: < 1 mile
Hospital: 1.6 miles

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