$1,780,000
Est. $9,029/mo3 bd•1,360 sq ft
2965 74 Avenue Se, Mercer Island, WA 98040
• Listed 2025-10-14•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 4:24 PM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Opportunity knocks on nearly one-third acre of level grounds in Mercer Island’s desirable First Hill neighborhood. Love the existing mid-century rambler with period details such as a masonry fireplace, genuine hardwood floors, natural wood built-ins, and a detached garage with shop/bonus room...OR level it and build your dream home with pre-approved and permitted plans for a stunning 4,000+ square foot modern farmhouse! Either way, you’ll benefit from the serene setting and easy access to the Island’s vibrant downtown restaurants, shops, parks, farmer’s market, and more. Just minutes from Seattle or Bellevue via I-90. Top-rated schools and easy access to upcoming light rail make this a smart investment and an incredible place to call home.
Listed by Mark Oordt • Windermere Mercer Island
Listing updated: April 27, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2371837
5 recent nearby sales, priced between $799K and $1.72M.Sourced from public records — exterior photo via Google Street View.
$1,720,000Last sold price
9750 Se 41st St, Mercer Island, WA 98040
$1,299,000Last sold price
2527 72nd Ave SE, Mercer Island, WA 98040
$799,000Last sold price
5401 S Angeline St, Seattle, WA 98118
$10,809 per month
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$1,350,000
7639 Se 29th Street, Mercer Island, WA 98040
Scott Gibbons · COMPASS

$1,385,000
3772 78th Avenue Se, Mercer Island, WA 98040
Katie Penny Shea · Coldwell Banker Bain

$1,599,000
8210 Se 36th Street, Mercer Island, WA 98040
Maureen Elizabeth Khan · Coldwell Banker Bain

$1,625,000
9712 Se 41st, Mercer Island, WA 98040
Diane Tien · Realogics Sotheby's Int'l Rlty

$2,099,988
4290 Shoreclub Drive, Mercer Island, WA 98040
Scott Richards · Windermere Real Estate/East

$1,995,000
4648 89th Avenue Se, Mercer Island, WA 98040
Nancy J. Williams · Windermere Real Estate Midtown
Mercer Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 28 days.
$3,000,000 Sold
2 weeks ago
4 bd•3 ba•~4,240 sq ft•Single Family
8612 Se 36th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.9 mi
Distance
$8,850,000 Sold
5 weeks ago
4 bd•2.5 ba•~5,040 sq ft•Single Family
3639 W Mercer Way, Mercer Island, WA 98040
11%
Under list
—
Days on market
0.4 mi
Distance
$2,500 Sold
6 weeks ago
2 bd•1 ba•Single Family
2500 81st Avenue Se #332, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.7 mi
Distance
$1,857,500 Sold
8 weeks ago
4 bd•~2,720 sq ft•Single Family
3706 84th Avenue Se, Mercer Island, WA 98040
9%
Under list
—
Days on market
0.8 mi
Distance
$2,275,000 Sold
2 months ago
•Single Family
2707 70th Avenue Se, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.