Waterfront

Mercer Island, WA Waterfront Land for Sale

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Waterfront Land with Skyline Views
Updated: Nov 4, 2025
Waterfront Land with Skyline Views

7220 N Mercer Way, Mercer Island, WA 98040

$6,800,000
0.57 AC lot
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.
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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.

Lake Washington Waterfront Homesite
Lake Washington Waterfront Homesite

11136 Rainier Avenue S, Seattle, WA 98178

$1,300,000
0.41 AC lot

0.41-acre waterfront land with 97' shoreline and panoramic views.

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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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No-Bank Waterfront Recreation Lot
No-Bank Waterfront Recreation Lot

23-yurt East Lake Sammamish Parkway Northeast, Sammamish, WA 98074

$829,000

Recreation-only waterfront property with 100 feet of no-bank frontage, a flat grassy yard, and two docks.

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Lakefront Buildable Land Parcel
Lakefront Buildable Land Parcel

6 Lake Sammamish, Sammamish, WA 98074

$1,600,000

Level, buildable parcel near Lake Sammamish with utilities available at the street and easement driveway access.

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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. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,800,000.

Sale prices for water rights properties in Mercer Island, WA start at $6,800,000, averaging $6,800,000, and reaching up to $6,800,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Waterfront Land 2

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 $6.8M

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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