$1,300,000
Est. $6,594/mo9433 Se 54th Street, Mercer Island, WA 98040
• Listed 2026-03-14•11 days on market
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Your Dream Home awaits! Beautiful 1/2 acre lot in Cay Hills overlooking Lake Washington. This quiet dead end street is the perfect place to build. Located in a sought-after neighborhood with top-rated schools, easy access to I-90, parks, and vibrant town center amenities. The lot offers privacy, natural beauty, and endless potential to create a custom residence in one of the region’s most desirable communities. Geotechnical Report, Critical Area Study and Tree Protection Plan has already been completed by sellers
5 recent nearby sales, priced between $2K and $2.13M.

$1,355,000Last sold price
7775 Shore Lane, Mercer Island, WA 98040

$2,129,000Last sold price
8836 Se 39th Street, Mercer Island, WA 98040

$529,000Last sold price
2920 76th Avenue Se #105, Mercer Island, WA 98040
$7,894 per month
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MLS GRID Disclaimer
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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Helena Chen • eXp Realty
Listing updated: May 18, 2026 at 09:52am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2492722
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.
$1,750,000 Sold
1 week ago
4 bd•1.5 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.9 mi
Distance
$2,215,000 Sold
1 week ago
4 bd•2.5 ba•~4,440 sq ft•Single Family
9261 Se 46th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.6 mi
Distance
$2,995,000 Sold
3 weeks ago
5 bd•3 ba•~3,694 sq ft•Single Family
8910 Se 54th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.4 mi
Distance
$1,925,000 Sold
4 weeks ago
5 bd•1 ba•~3,100 sq ft•Single Family
9027 Se 50th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.4 mi
Distance
$2,340,000 Sold
5 weeks ago
4 bd•1 ba•~3,020 sq ft•Single Family
8413 Se 53rd Place, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.6 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
0.6/10
Car required
Almost all errands need a car
0.7/10
Bike-limited
Few or no bike lanes
2.1/10
Minimal Transit
It is possible to get on a bus
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.