Nestled in Mercer Island's highly sought-after First Hill neighborhood, this is a rare opportunity to create your dream home on an expansive 15,000+ square foot lot. Ideally located with convenient access to I-90 for easy commuting both east and west, the property is also just moments from First Hill Park and Lid Park, offering tennis courts, playgrounds, trails, and abundant recreational amenities. The existing 1951 home has sustained fire damage and is being offered as a potential rebuild or extensive renovation opportunity. From this exceptional setting, enjoy lovely eastern views of Mercer Island Town Center, Lake Washington, and the Cascade Mountains. Whether you're envisioning a custom estate or exploring the possibilities of a major remodel, this premier location provides an outstanding canvas for your vision. Important: There is no access to the home due to safety concerns, including structural liability and risk of injury. All showings are by appointment only, and the listing agent must accompany all visitors.
Active
Listed by: Coldwell Banker Bain • Becky Nadesan
$1,695,000
2444 72nd Avenue SE, Mercer Island, WA 98040
5beds
3,060sqft
:
Get pre-qualified$9,976/mo
Single Family Residence
Built in 1951
0.35 Acres Lot
$1,622,100 Zestimate®
$554/sqft
$-- HOA
What's special
- 8 days |
- 1,276 |
- 56 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Becky Nadesan,
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2556583
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Disposal, Stove(s)/Range(s), Garbage Disposal
Features
- Flooring: Softwood
- Basement: Daylight
- Number of fireplaces: 1
- Fireplace features: Gas, Wood Burning, Lower Level: 1, Fireplace
Interior area
- Total structure area: 3,060
- Total interior livable area: 3,060 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway
- Covered spaces: 2
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
- Pool features: In Ground, In-Ground
- Has view: Yes
- View description: City, Lake, Mountain(s), Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.35 Acres
- Features: Cul-De-Sac, Value In Land, Deck, Fenced-Partially
- Topography: Terraces
- Residential vegetation: Brush
Details
- Parcel number: 5315100368
- Zoning: R9.6
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Roof: Tile
Condition
- Year built: 1951
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & HOA
Community
- Features: Park, Playground, Trail(s)
- Subdivision: First Hill
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $554/sqft
- Tax assessed value: $1,908,000
- Annual tax amount: $1,443
- Date on market: 7/17/2026
- Cumulative days on market: 10 days
- Inclusions: Garbage Disposal, Stove(s)/Range(s)
Estimated market value
$1,622,100
$1.54M - $1.70M
$6,340/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Listed for sale | $1,695,000$554/sqft |
Source:  NWMLS as distributed by MLS GRID #2556583 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,443 +0.4% | $983,000 |
| 2024 | $1,437 -4.7% | $983,000 |
| 2023 | $1,507 | $983,000 |
| 2022 | -- | $983,000 |
| 2021 | $1,787 -7.5% | $983,000 |
| 2020 | $1,932 +0.9% | $983,000 |
| 2019 | $1,916 -1.8% | $983,000 |
| 2018 | $1,951 -6.7% | $983,000 -15.7% |
| 2017 | $2,090 -73.6% | $1,166,000 +7.5% |
| 2016 | $7,923 | $1,085,000 +10.4% |
| 2015 | $7,923 | $983,000 +8.6% |
| 2014 | $7,923 | $905,000 +21.8% |
| 2013 | $7,923 | $743,000 +8.5% |
| 2012 | -- | $685,000 +1.2% |
| 2011 | -- | $677,000 -7.3% |
| 2010 | -- | $730,000 |
| 2009 | -- | $730,000 -2.5% |
| 2007 | -- | $749,000 +7.8% |
| 2006 | -- | $695,000 +9.8% |
| 2005 | -- | $633,000 +33.3% |
| 2001 | $4,543 +6.5% | $475,000 +17.6% |
| 2000 | $4,267 | $404,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10West Mercer Elementary SchoolGrades: K-5Distance: 1.2 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 3.6 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Middle: Islander Mid
- High: Mercer Isl High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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