$415,000
Est. $2,105/mo2 bd
2500 81st Avenue Se #118, Mercer Island, WA 98040
• Listed 2026-03-20•16 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 3:25 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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LOCATION, LOCATION, LOCATION Price revision: the most compelling remodeled residence in downtown MI. Centrally located in the heart of Mercer Island (MI), this beautifully updated residence offers the ultimate convenience and lifestyle. Situated directly across from the newly opened light rail station and steps to Luther Burbank Park, the MI Community Center, downtown Mercer Island, and scenic waterfront trails, this residence delivers unmatched accessibility. Rare features include no rental cap, rare covered assigned parking near the entrance, and a large onsite storage unit (#14). Amenities include elevator and a conference club room (currently under renovation). Inside this residence, enjoy a fully remodeled interior with a designer kitchen featuring a farmhouse sink, tastefully updated bathroom, new lightings, a fireplace, large screen doors, new closets and custom closet organizers. It also offers a private in-unit washer/dryer and air conditioning for year-round comfort. Bright, open living spaces flow seamlessly to an expansive 90-foot veranda with serene, unobstructed western exposure—perfect for sunset views and alfresco dining. Located in a top-rated school district with quick access to both Bellevue and Seattle, plus direct connectivity to regional walking and cycling trails, this is Mercer Island living at its finest. No rental cap provides unlimited options for owners at the most central location on the island. MUST SEE.
Listed by Amy Thompson • Realogics Sotheby's Int'l Rlty
Listing updated: May 13, 2026 at 02:21pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2480792
5 recent nearby sales, priced between $415K and $899K.Sourced from public records — exterior photo via Google Street View.
$899,000Last sold price
2920 76th Ave SE, Mercer Island, WA 98040
$599,950Last sold price
2930 76th Ave SE, Mercer Island, WA 98040
$597,000Last sold price
2929 76th Ave SE, Mercer Island, WA 98040
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More homes in this area that match your range.

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Kim Florence · John L. Scott, Inc.

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2500 81st Avenue Se #329, Mercer Island, WA 98040
Bev Watson · RE/MAX Eastside Brokers, Inc.

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Ann Shen · RSVP Brokers ERA

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Kim Florence · John L. Scott, Inc.
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.
$680,000 Sold
3 weeks ago
2 bd•2 ba•Condo
2760 76th Avenue Se #505, Mercer Island, WA 98040
1%
Under list
—
Days on market
0.4 mi
Distance
$517,000 Sold
6 weeks ago
2 bd•1.5 ba•Condo
3204 81st Place Se #b202, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.5 mi
Distance
$2,050,000 Sold
4 months ago
2 bd•1 ba•Condo
7800 Se 27th Street #503, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.2 mi
Distance
$399,950 Sold
4 months ago
1 bd•Condo
2949 76th Avenue Se #81d, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.5 mi
Distance
$750,000 Sold
5 months ago
2 bd•2 ba•Condo
2740 76th Avenue Se #502, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.4 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
7.4/10
Very Walkable
Most errands can be done on foot
7.1/10
Very Bikeable
Biking is convenient for most trips
4.1/10
Some Transit
A few nearby transit options
Provided by Walk Score
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.