Rare opportunity to own a large (16,675st ft) usable Mid-Island property. Bring your contractor, builder, designer and some vision to imagine what could be done here. Situated on a corner lot with circular driveway, this property feels like you are miles away from the city because of the privacy of the mature landscaping. Fabulous near level yard for anyone who enjoys being outside. Walk to elementary and high school, the Boys & Girls Club, the swimming pool, library, chruches and more. This 1950's home is in need of some upgrades and maintnance. Tons of potential or if you prefer to design and build a custom home, this property is worth considering because of the great location. Living room has large picture windows looking out at the yard with a peek view of the Olympic Mts. The kitchen has a good amount of counter space and an eating area that can be expanded when a larger space is needed. There is a deck to the large deck off the dining area making it convenient when you want to BBQ or dine outside. There are three bedrooms on the main floor, including the primary badrrom with 3/4 bath. Two the the bedrooms have access to a westerly facing deck. The lower level has a spacious rec room with fireplace. There is a den on the lower floor and a 3/4 bath. Part of the basement is unfinished with some shelves. This area is great for storage or finish the space for your own use. There is a 2 car carport and substantial additional parking for 4+ more vehicles or an RV.
Active
Listed by: RSVP Brokers ERA • Barb Joseph
Price cut: $75K (8/25)
$1,525,000
4329 86th Avenue SE, Mercer Island, WA 98040
3beds
2,920sqft
Single Family Residence
Built in 1950
0.38 Acres Lot
$-- Zestimate®
$522/sqft
$-- HOA
What's special
Fabulous near level yard
- 52 days
- 1,461
- 40
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Barb Joseph,
RSVP Brokers ERA
Source: NWMLS as distributed by MLS GRID,MLS#: 2551520
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Lower
Den office
- Level: Lower
Entry hall
- Level: Lower
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: elec, Water Heater Location: bsmt
Features
- Bath Off Primary
- Flooring: Concrete, Hardwood, Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,920
- Total interior livable area: 2,920 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, RV Parking
- Carport spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Lower,Main
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Fireplace, Water Heater
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.38 Acres
- Dimensions: 115 x 145
- Features: Corner Lot, Paved, Deck, Fenced-Partially, RV Parking
- Residential vegetation: Garden Space
Details
- Parcel number: 1824059046
- Zoning: R9.6
- Zoning description: Jurisdiction: City
- Special conditions: See Remarks
- Other equipment: Leased Equipment: none
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern,1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Cement/Concrete, Wood Siding
- Foundation: Block, Poured Concrete
- Roof: Flat
Condition
- Fixer
- Year built: 1950
- Major remodel year: 1985
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Mercer Island
- Water: Public, Company: City of Mercer Island
Community & HOA
Community
- Subdivision: Mid Island
Location
- Region: Mercer Island
Financial & listing details
- Price per square foot: $522/sqft
- Tax assessed value: $1,587,000
- Annual tax amount: $305
- Date on market: 7/7/2026
- Cumulative days on market: 54 days
- Listing terms: Rehab Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $1,525,000-4.7%$522/sqft |
Source:  NWMLS as distributed by MLS GRID #2551520 Report a problem | ||
| 7/9/2026 | Listed for sale | $1,600,000$548/sqft |
Source: NWMLS as distributed by MLS GRID #2551520 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $305 +1% | $195,900 |
| 2024 | $302 -4.4% | $195,900 |
| 2023 | $316 | $195,900 |
| 2022 | -- | $195,900 |
| 2021 | $370 -7.2% | $195,900 |
| 2020 | $399 +0.9% | $195,900 |
| 2019 | $395 -1.3% | $195,900 |
| 2018 | $401 -6.1% | $195,900 -77.2% |
| 2017 | $427 -10.7% | $858,000 +9.2% |
| 2016 | $478 | $786,000 +10.2% |
| 2015 | $478 | $713,000 +8% |
| 2014 | $478 | $660,000 +13.6% |
| 2013 | $478 | $581,000 +8.4% |
| 2012 | -- | $536,000 +173.6% |
| 2011 | -- | $195,900 |
| 2010 | -- | $195,900 |
| 2009 | -- | $195,900 |
| 2007 | -- | $195,900 -52.7% |
| 2006 | -- | $414,000 +111.3% |
| 2005 | -- | $195,900 |
| 2001 | $1,375 -7.4% | $195,900 |
| 2000 | $1,485 | $195,900 |
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
Schools provided by the listing agent
- Elementary: Northwood Elem
- 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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