Build your Mercer Island dream home on this private, tree-lined parcel tucked away on a quiet dead-end road. Surrounded by mature evergreens, this serene setting offers potential western lake and territorial views. Ideally located just minutes from I-90 & future light rail, you'll enjoy both peaceful seclusion and everyday convenience. The east boundary is adjacent to the MI walking trail for outdoor enjoyment and easy access to town center. Utilities conveniently located in the street. Bring your builder or architect to walk the lot and help visualize the possibilities. Truly a special opportunity to create your custom home in one of the city's most desirable neighborhoods. Images are 3D renderings for illustrative purposes only.
Active
Listed by: Windermere RE/Capitol Hill,Inc • Maggie Grimm
$825,000
73 XX SE 38th Street, Mercer Island, WA 98040
--beds
--baths
0.25Acres
Unimproved Land
Built in ----
0.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private tree-lined parcelSurrounded by mature evergreens
- 126 days |
- 203 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Maggie Grimm,
Windermere RE/Capitol Hill,Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2488274
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Lake, Partial, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.25 Acres
- Features: Dead End Street, Secluded, Brush, Evergreens, Heavily Forested
- Topography: Sloped
Details
- Parcel number: 2837700040
- Zoning: R-8.4
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: In Street, Jurisdiction: City
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: First Hill
Location
- Region: Mercer Island
Financial & listing details
- Annual tax amount: $6,465
- Date on market: 3/6/2026
- Cumulative days on market: 127 days
- Listing terms: Conventional
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$4,795/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $825,000 |
Source:  NWMLS as distributed by MLS GRID #2488274 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98040
Nearby schools
GreatSchools rating
- 9/10West Mercer Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Islander Middle SchoolGrades: 6-8Distance: 2.8 mi
- 10/10Mercer Island High SchoolGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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- Washington
- King County
- Mercer Island
- 98040
- 73 XX SE 38th Street
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