$1,780,000
3 bd•1 ba•1,360 sq ft
2965 74 Avenue Se, Mercer Island, WA 98040
• Listed 2025-10-14
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Based on information submitted to the MLS GRID as of April 27, 2026 at 04:04am (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
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (6)
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Open Sun, Jun 14
Open Sun, Jun 14
Open Sun, Jun 14
Open Sun, Jun 14
Open Sun, Jun 14$1,545,000
-$235,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.18M and $1.78M.
Rental earnings
$4,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,780,000Last sold price
2965 74 Avenue Se, Mercer Island, WA 98040
$1,500,000Last sold price
2463 74th Avenue Se, Mercer Island, WA 98040
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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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 for about 1% below list price.
Time on market: The average home goes pending in around 9 days.
$4,350,000 Sold
1 week ago
5 bd•2 ba•~4,310 sq ft•Single Family
8371 Se 31st Street, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.7 mi
Distance
$2,550,000 Sold
3 weeks ago
4 bd•1.5 ba•~3,580 sq ft•Single Family
2800 68th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.3 mi
Distance
$3,000,000 Sold
5 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
7 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
8 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
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 from MLS GRID / NWMLS · Updated Jun 2026
Mercer Island School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
