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Listed by Helena Chen • eXp Realty.
FOR SALE

$998,000

Est. $5,328/mo

9433 Se 54th Street, Mercer Island, WA 98040

• Listed Jul 6, 2026•85 days active · 291 cumulative

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Listing Broker: eXp Realty; Helena Chen; 425-283-2569; helena@helenaluxuryhomes.com

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Listing Broker: eXp Realty; Helena Chen; 425-283-2569; helena@helenaluxuryhomes.com

About this home

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

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.4974 acres
Parking
None
Price / sq ft
Not listed
Property taxes$4,678/yr (est.)
School districtMercer Island

Listed by Helena Chen • eXp Realty

Listing updated: September 21, 2026 at 11:36pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2549548

Open houses

No upcoming open houses scheduled for this property.

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RexMont OfferEdge™

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9433 Se 54th Street, Mercer Island, WA 98040

List price
$998,000
Down payment
$199,600

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Down payment assistance

7 programs may be available to provide you with up to $85,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$5,968 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: eXp Realty; Helena Chen; 425-283-2569; helena@helenaluxuryhomes.com

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Market pulse

Mercer Island is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 50 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 11:36pm (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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