$399,950
 $2,147 est/mo Sourced by Back At You

2500 81st Avenue 118,Mercer Island, WA 98040

Mercer Island, WA 98040

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Description

PRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new light rail station and just moments from Luther Burbank Park, downtown Mercer Island, the Community Center, waterfront parks, and regional walking and biking trails. Enjoy rare features including no rental cap, a conveniently located covered carport near the entrance, large storage unit (#14), and an approved, recorded in-unit washer/dryer. Building amenities include an elevator and club/conference room (currently being renovated). The fully renovated interior features a designer kitchen with farmhouse sink, updated bathroom, new lighting, fireplace, custom closet organizers, air conditioning, and a private in-unit washer/dryer. Bright, open living spaces extend to an expansive west-facing veranda-perfect for relaxing, entertaining, and enjoying beautiful sunset views. Located in Mercer Island's award-winning school district with quick access to both Seattle and Bellevue, this home offers exceptional convenience, flexibility, and investment potential. Price has been significantly improved, and the seller will pay 6 months of HOA dues-making this an exceptional opportunity for homeowners and investors alike.

Details

MLS #2480792
Listing TypeFor Sale
StyleCondominium
Building NameMercer Isle Condominiums
HOA Dues$1,070
Sub-TypeResale
StatusActive
Year1960
Days On Site169
Listing Provided ByRealogics Sotheby's Int'l Rlty | Amy Thompson

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet965
Car PortYes
Story(s)3
Property ViewYes

Taxes

Property2606

Area Information

StateWA
CountyKing
CityMercer Island
Zip Code98040
Area510 Mercer Island
Community NameMercer Island
Listing VS Median (in Mercer Island)
Price:
$399,950
low | high
Med:
$1,750,000
100% of Average
sqft:
965
low | high
Med:
2,560
100% of Average
$ / sqft:
$414
low | high
Med:
$684
14.937609388674% of Average
On site:
169
low | high
Med:
38
100% of Average
Sourced by Back At You

Market Activity 98040

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Learn More About This Property

StateWA
CountyKing
CityMercer Island
Zip Code98040
Area510 Mercer Island
Community NameMercer Island
Listing VS Median (in Mercer Island)
Price:
$399,950
low | high
Med:
$1,750,000
100% of Average
sqft:
965
low | high
Med:
2,560
100% of Average
$ / sqft:
$414
low | high
Med:
$684
14.937609388674% of Average
On site:
169
low | high
Med:
38
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $299K - $499K
sqft: 724 - 1,000
Nearby Listings Property ImageNearby Listings Details
3055 80th Avenue 107 Property Photo 1
$409,000
3055 80th Avenue 107
Mercer Island, WA 98040
Listing Updated: August 26, 2026 at 11:26:41 AM PDT