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Residential Development Lot
For Sale
$750,000

8114 W Mercer Way, Mercer Island, WA 98040

Residential homesite at the end of a private street with utilities available in the street.

Property SizeContact for details
Lot Size0.40 Acres
Days on Market45

Property Features for 8114 W Mercer Way

General Information

Standard status Active
Lot size 0.40 Acres
Property subtype Land or Vacant Lot

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,594
Listing Agency: REDFIN
Listed By: TROY M. LEHMAN
Source: Corcoran
Added: Jun 30 Changed: Aug 8 Last Checked: Jul 4 at 3:35AM

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 REDFIN

Investment Insights

Based on property information with market context.

Residential development lot totaling 17,603 square feet, positioned at the top of a private street just off W Mercer Way. The property is set within a quiet, established residential setting and is described as offering lake and mountain views.

Utilities are conveniently available in the street, supporting the planning and buildout of a future residence. The seller notes the groundwork is in place to begin planning and that buyers should verify all information, including building permits and approvals as needed.

This lot is intended to accommodate a custom home designed to fit the natural surroundings and buyer needs, with the surrounding area described as providing access to parks, waterfront recreation, shopping, dining, and commuter routes.

Key Highlights

  • 17,603‑square‑foot residential homesite located at the top of a private street
  • Utilities are available in the street
  • Property offers lake and mountain views

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential homesite at the end of a private street with utilities available in the street.
Where is this residential land & home lot located?
The property is located at 8114 W Mercer Way Mercer Island, WA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 17,603‑square‑foot residential homesite located at the top of a private street; Utilities are available in the street; Property offers lake and mountain views
More about this property
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