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.
Listed by Xia Zhao
·
John L. Scott, Inc.
Last updated June 11, 2025
·
Source: NWMLS #2389394
Listing Facts
TypeSingle-family
NeighborhoodSouth End
Bedrooms4
Bathrooms2
Days on Prevu92
Taxes$12,852/year
Size2,260 sqft
Price per sqft$1,004
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
06/07/2025
Listed by John L. Scott, Inc.
$2,270,000
Property Details for 7204 78Th Avenue SE
Exterior
Construction
Roof: Composition
Structure Type: House
Year Built: 1958
Construction Materials: Wood Products
Entry Location: Main
Exterior Features: Wood Products
Features
View: Territorial
Measurements
Building Area Total: 3,040
Building Area Units: Square Feet
Lot Features: Corner Lot, Value In Land
Lot Size Acres: 0.50
Lot Size Square Feet: 22,000
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 2524049068
Tax Annual Amount: $12,852.00
Tax Year: 2025
Interior
Features
Fireplace Features: Wood Burning
Fireplace: Yes
Fireplaces Total: 2
Interior Features: Fireplace
Measurements
Living Area: 2,260
Living Area Units: Square Feet
Rooms
Basement: Daylight, Partially Finished
Bathrooms Full: 1
Bathrooms Half: 1
Bathrooms Total Integer: 2
Bedrooms Total: 4
Main Level Bathrooms: 1
Main Level Bedrooms: 3
Other
Location
Subdivision Name: South End
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Attached Garage
Parking Total: 2
Schools
High School
High School District: Mercer Island
Utilities
Equipment
Has Heating: Yes
Sewer: Sewer Connected
Water Source: Public
Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
