$825,000
Est. $4,185/mo73 Xx Se 38th Street, Mercer Island, WA 98040
• Listed 2026-03-06•16 days on market
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Based on information submitted to the MLS GRID as of May 29, 2026 at 1:47 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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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.
Listed by Maggie Grimm • Windermere RE/Capitol Hill,Inc
Listing updated: May 13, 2026 at 10:29am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2488274
5 recent nearby sales, priced between $2K and $2.13M.
$1,850Last sold price
2939 76th Avenue Se #42a, Mercer Island, WA 98040
$399,950Last sold price
2949 76th Avenue Se #81d, Mercer Island, WA 98040
$529,000Last sold price
2920 76th Avenue Se #105, Mercer Island, WA 98040
7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.
$5,010 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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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.
$2,785,000 Sold
2 weeks ago
4 bd•2.5 ba•~3,270 sq ft•Single Family
3712 88th Avenue Se, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.9 mi
Distance
$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
0.8 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
0.2 mi
Distance
$2,700,000 Sold
5 weeks ago
4 bd•2.5 ba•~2,570 sq ft•Single Family
8841 Se 37th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.9 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
0.9 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
4.0/10
Car-Dependent
Most errands require a car
1.6/10
Bike-limited
Few or no bike lanes
2.7/10
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.