7421 E Mercer Way

Mercer Island, WA 98040

$960,000
Price
23,745 / 0.55
Lot Size / Acres
Listed By Compass
Listed By Compass
an aerial view of a house with mountain view
a front view of a house with a yard and trees
an aerial view of a house
a view of a patio with table and chairs potted plants with wooden floor and fence
a view of flowers and flowers in a yard
a view of a garden with patio
a front view of a house with a garden
a view of a garden with potted plants and a large tree
a backyard of a house with lots of green space
a view of a lush green space
a view of a lush green field
a view of a tree in a forest
a view of a garden
Listing provided courtesy of Compass

Description

As Mark Twain once said "Buy land, they're not making it anymore." Fantastic opportunity to build your dream view home on Mercer Island. Quiet South end location is close to South end shopping, dining, elementary and middle schools and miles of trails. Beautifully sited ½ acre lot in a small subdivision of 5 homes. Architectural conceptual plans and pre-construction reports are included in the sale, or bring your own architect and see how your vision can come to life. Water, sewer, power and gas...As Mark Twain once said "Buy land, they're not making it anymore." Fantastic opportunity to build your dream view home on Mercer Island. Quiet South end location is close to South end shopping, dining, elementary and middle schools and miles of trails. Beautifully sited ½ acre lot in a small subdivision of 5 homes. Architectural conceptual plans and pre-construction reports are included in the sale, or bring your own architect and see how your vision can come to life. Water, sewer, power and gas are on the property.

Listing Agent

  1. Greg Rosenwald

    Greg Rosenwald

    Listing Agent

    Compass

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Property Details for 7421 East Mercer Way

Community Name
South End
School District
Mercer Island
View
Lake, Partial, Territorial
Entry Date
09-16-2025
Sewer
In Street
LISTING UPDATED: 09/19/2025 12:09 PM

Property Details for 7421 East Mercer Way

StatusActive
MLS #2433801
Days on Market89
Cumulative Days on Market89
Taxes$5,470 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.55 AC
CountyKing County
Buyer's Agent Compensation3%

Location

Listing Courtesy of Compass
Add your commute

Building Information for 7421 East Mercer Way

Lot Size0.55 AC

Payment Calculator

$5,200 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,744

Property Taxes

$456

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7421 East Mercer Way

Summary
Location and General Information
  • Style: 40 - Res-Less thn 1 Ac
  • Area: 510 - Mercer Island
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Islander Mid
  • High School: Mercer Isl High
  • Directions: S on Island Crest, E on 68th, Turn right till you see 7429 E Mercer Way, then turn West up paved driveway to end, the lot is on the right side of 7427.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
Exterior Features
  • Property Features: Evergreens,Lightly Treed,Stream/Creek
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: On Property
  • Water Source: Available, On Property
  • Utilities: Electricity Connected, Natural Gas Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Slope of Property: East
  • Water Jurisdiction: City of MI
  • Zoning Remarks: Residential
  • Lot Topography: Sloped
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 15
Lot Information
  • Lot Details: Cul-De-Sac, Open Space, Paved
  • Lot Size Source: KCAR
  • Parcel Number Free Text: 2579500154
  • Calculated Square Footage: 0
  • Structure Type: Unspecified
  • Road On Which Side: East
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 7421 East Mercer Way

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Listed (Active)

NWMLS #2433801

$960,000—
Apr 15, 2014

Sold

NWMLS #83516

$350,000—
Feb 22, 2014

Pending

NWMLS #83516

—
Jun 2, 2010

Listed (Active)

NWMLS #83516

$498,000—
DateEvent & SourcePrice
09/16/2025

Listed (Active)

NWMLS #2433801

$960,000
04/15/2014

Sold

NWMLS #83516

$350,000
02/22/2014

Pending

NWMLS #83516

—
06/02/2010

Listed (Active)

NWMLS #83516

$498,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7421 East Mercer Way

This home is within Mercer Island School District.
Rating
School
Type
Grades
Distance
Lakeridge Elementary School
Public - K to 5
Islander Middle School
Public - 6 to 8
Mercer Island High School
Public - 9 to 12
Rating
School
Distance
Lakeridge Elementary School
PublicK to 5

Islander Middle School
Public6 to 8

Mercer Island High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7421 East Mercer Way, Mercer Island, WA 98040

7421 East Mercer Way is a 0.55 ac of land for sale in Mercer Island, WA 98040. This property was listed for sale on September 16, 2025 by Compass, it's currently listed at $960,000. It has been on the market for a total of 89 days and was last sold on April 15, 2014. This listing's school district is Mercer Island School District. Nearby schools include Lakeridge Elementary School, Islander Middle School and Mercer Island High School. 7421 East Mercer Way is a 0-bed, 0-bath, 0.55 ac of land on a 23,745 sq. ft. / 0.55 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/14/2025 10:26 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.