Rare opportunity to acquire one of Mercer Island's few fully permitted, construction-ready custom homesites. Included with the sale are approved architectural plans by Seattle-based Citizen Design and building permits for a thoughtfully designed modern residence, allowing buyers to bypass years of design, engineering, permitting and uncertainty while still participating in select finish selections before construction begins. The planned home blends timeless architecture with refined interiors and spaces designed for modern living. Expansive gathering areas connect seamlessly to covered outdoor living, anchored by a chef's kitchen with an oversized island, butler's pantry, dedicated office, main-floor guest suite and functional mudroom. Upstairs, the private primary retreat offers dual walk-in closets and a spa-inspired bath with heated floors, soaking tub and oversized shower, plus three additional bedrooms, two baths and a spacious laundry room. The lower level features a theater, recreation room, wet bar and guest suite with private exterior access. White oak flooring, rift-cut oak cabinetry, natural stone, handmade tile and brushed brass fixtures create a warm, timeless palette inspired by the Pacific Northwest. An extraordinary opportunity to skip years of planning while retaining the ability to personalize select finishes before construction begins. Permit included with sale, offering a rare path to exceptional new home in one of Mercer Island's most coveted settings
Active
Listed by: Real Residential • Michele Schuler
Price cut: $3.4M (7/23)
$1,600,000
6427 E Mercer Way, Mercer Island, WA 98040
--beds
--baths
0.36Acres
Unimproved Land
Built in ----
0.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 338
- views
- 11
- saves
Zillow last checked:
Listing updated:
Listed by:
Michele Schuler,
Real Residential
Source: NWMLS as distributed by MLS GRID,MLS#: 2559421
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.36 Acres
- Features: Paved, Lightly Treed, Partially Cleared
- Topography: See Remarks
- Residential vegetation: See Remarks
Details
- Parcel number: 3024059151
- Zoning: R-15
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: Available, In Street, Jurisdiction: City of Mercer island
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: CCRs
- Subdivision: East Mercer
Location
- Region: Mercer Island
Financial & listing details
- Annual tax amount: $6,141
- Date on market: 7/23/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $1,600,000-68% |
Source: | ||
| 7/23/2026 | Listed for sale | $4,995,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 98040
Nearby schools
Schools provided by the listing agent
- Elementary: Island Park 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.





