Waterfront

Mercer Island, WA Waterfront Land for Sale

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Waterfront Land with Water Views
Updated: Oct 7, 2024
Waterfront Land with Water Views

91 91st Avenue Southeast, Mercer Island, WA 98040

$379,950
Waterfront land with water views
Raw parcel with lightly treed conditions
All utilities located in the street
91 91st Avenue Southeast, Mercer Island, WA 98040
Paved exterior feature
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mercer Island, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Waterfront Land Parcel
Waterfront Land Parcel

7220 S Ryan Street, Seattle, WA 98178

$410,000
6,000.00 AC lot

A Lake Washington waterfront parcel with panoramic views of Seattle downtown and surrounding mountains.

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Land
Land

13059 76TH, Newcastle, WA 98056

$850,000

Waterfront Land

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Land
Land

97 Arrowsmith Avenue South, Seattle, WA 98118

$250,000

Residential land & home lots

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Waterfront Lot with Fixer Home
Waterfront Lot with Fixer Home

13055 SE 76th Street, Newcastle, WA 98056

$1,350,000

Rare waterfront lot with fixer home on Lake Boren.

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Mercer Island, WA Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Mercer Island, WA on our real estate platform.

Sale prices for water rights properties in Mercer Island, WA average $379,950 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Commercial land 2
Waterfront Land 1

Demographics Overview

Population 25K
Population Growth (5Y) -0.8%
Median Household Income $202,359

High-Yield Neighborhoods for Investment

Identify Mercer Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98040 $380K

Taxes & Financing

Tax Rate (average for all types) 0.61%
Property Tax per SF $4.68 per SF
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

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