Mercer Island Level
For Sale
$1,695,000
Pending
4025 86th Avenue SE #12, Mercer Island, WA 98040
Large lot with potential for new construction or renovation.
Property SizeContact for details
Lot Size0.31 Acres
Days on Market294
Property Features for 4025 86th Avenue SE #12
General Information
Standard status
Pending
Lot size
0.31 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$19
Amenities
Paved
Listing Agency:
JOHN L. SCOTT, INC.
(425) 454-2437
Listed By:
STEVEN P. CRAIG
Source:
Corcoran
Added: Oct 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 1:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT, INC.
Investment Insights
Based on property information with market context.
This 13,500 sq ft level lot is located on Mercer Island's north end. The property's orientation allows for both morning and evening sun exposure. Currently used as a school, the existing structure may require updates to convert it back to residential use. The property offers possibilities to build a new home or reimagine the existing structure. The location provides privacy and convenience, with proximity to Northwood, West Mercer Elementary, Mercer Island High School, Boys & Girls Club, parks, an indoor pool, and downtown Mercer Island. The flat lot offers potential for development.
Key Highlights
- Large, level 13,500 sq ft lot on Mercer Island's north end.
- Ideal sun exposure (morning and evening).
- Potential to build a new dream home or renovate the existing structure.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 98040, WA
25,748
Population
10,454
Households
2.5
Avg Household Size
44
Median Age
79%
College-Educated
98%
High-School Grad
6.4 sq mi
ZIP Area
4,023
Density / Sq Mi
$202,359
Median Household Income
$96,073
Median Earnings
$2,464
Median Rent
$1,884,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large lot with potential for new construction or renovation.
Where is this residential land & home lot located?
The property is located at 4025 86th Avenue SE #12 Mercer Island, WA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Large, level 13,500 sq ft lot on Mercer Island's north end.; Ideal sun exposure (morning and evening).; Potential to build a new dream home or renovate the existing structure.
