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    Mercer Island, WA Land for Sale

    7 results
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    Mercer Island Development Opportunity
    $4,950,000
    3,683 SF

    Mercer Island Development Opportunity

    3003 Island Crest Way, Mercer Island, WA 98040

    Prime development site near future light rail station.

    • Prime development site on Mercer Island.
    • Multifamily 2 (MF‑2) zoning allows for Multifamily, Office, Medical, Retail, and Mixed‑Use development.
    • Highly visible corner location along Island Crest Way.
    • Just an 8‑minute walk to the new Mercer Island Link Light Rail Extension (opening in 2024).
    • Land area of 19,169 SF / 0.44 acre.
    View details
    Waterfront Land with Skyline Views
    $6,800,000

    Waterfront Land with Skyline Views

    7220 N Mercer Way, Mercer Island, WA 98040

    Half-acre Mercer Island property with private shoreline and dock.

    • Breathtaking views of the Bellevue skyline and Lake WA.
    • 82+ feet of private shoreline.
    • Deep‑water moorage with a U‑shaped covered dock.
    • Half‑acre property on Mercer Island’s sought‑after North End.
    • Gated entry and lush natural beauty.
    Updated: Nov 4, 2025
    View details
    Desirable Lot with Lake Views
    Contact for pricing

    Desirable Lot with Lake Views

    Rare opportunity to build on a nearly half-acre lot.

    4150 Boulevard Pl, Mercer Island, WA 98040
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    Mercer Island Land Opportunity
    Contact for pricing

    Mercer Island Land Opportunity

    Expansive lot near Pioneer Park with preliminary home plans.

    9167 SE 64Th St, Mercer Island, WA 98040
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    Mercer Island Land with Views
    Contact for pricing

    Mercer Island Land with Views

    Land with water views in a quiet Mercer Island neighborhood.

    91St Ave Se, Mercer Island, WA 98040
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    Mercer Island Land with Views
    Contact for pricing

    Mercer Island Land with Views

    Land with water views in a quiet Mercer Island neighborhood.

    St Ave Se, Mercer Island, WA 98040
    View details
    Mercer Island Mixed-Use Development Site
    $4,950,000

    Mercer Island Mixed-Use Development Site

    Prime 0.44-acre site near future light rail.

    3003 Island Crest Way, Mercer Island, WA 98040
    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 Active listings in Mercer Island, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Columbia City Development Opportunity
    $400,000

    Columbia City Development Opportunity

    Two parcels with LR3 zoning near light rail.

    3939 S Farrar St, Seattle, WA 98118
    View details
    Large South Seattle Development Site
    Pending
    Contact for pricing

    Large South Seattle Development Site

    40,406 sq ft site for residential or mixed-use development.

    4820 S Morgan St, Seattle, WA 98118
    View details
    Newcastle Development Site Opportunity
    $2,495,000

    Newcastle Development Site Opportunity

    27,635 SF development site in Newcastle, Washington.

    12901 Newcastle Way, Newcastle, WA 98056
    View details
    Newcastle Development Site Opportunity
    Contact for pricing

    Newcastle Development Site Opportunity

    27,635 SF development site in Newcastle, Washington.

    12901 Newcastle Way, Newcastle, WA 98056
    View details

    Explore Off-Market Properties in Mercer Island, WA

    Consider similar Off-Market properties in Mercer Island, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    9200 36th Pl

    9200 36th Pl

    VACANT COMMERCIAL LAND • 1.34 Acres
    Value Estimation by Request
    9200 36th Pl, Mercer Island, WA 98040-3737
    View details
    Mercer Island, WA 98040

    Mercer Island, WA 98040

    VACANT COMMERCIAL LAND • 0.08 Acres
    Value Estimation by Request
    Mercer Island, WA 98040
    View details
    8475 Mercer Way

    8475 Mercer Way

    VACANT COMMERCIAL LAND • 37,104 SF
    Value Estimation
    $11,350,000
    8475 Mercer Way, Mercer Island, WA 98040-5632
    View details
    6427 Mercer Way

    6427 Mercer Way

    Land • 0.36 Acres
    Value Estimation by Request
    6427 Mercer Way, Mercer Island, WA 98040
    View details
    3828 Greenbrier Ln

    3828 Greenbrier Ln

    VACANT COMMERCIAL LAND • 0.01 Acres
    Value Estimation by Request
    3828 Greenbrier Ln, Mercer Island, WA 98040-3728
    View details
    7645 Sunset Hwy

    7645 Sunset Hwy

    VACANT COMMERCIAL LAND • 13,152 SF
    Value Estimation
    $1,895,000
    7645 Sunset Hwy, Mercer Island, WA 98040-2824
    View details

    Mercer Island, WA Land Investment Opportunities Market Analysis

    Explore 13 land for sale in Mercer Island, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 173,641 square feet of properties for sale, with an estimated market value of $9,900,000.

    Sale prices for lots in Mercer Island, WA start at $0.00, averaging $761,538, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Mercer Island, WA

    • 98040

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