$1,695,000
Est. $8,976/mo5 bd•2.75 ba•3,060 sq ft
2444 72nd Avenue Se, Mercer Island, WA 98040
• Listed Jul 18, 2026•66 days active · 66 cumulative
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Listing Broker: Coldwell Banker Bain; Becky Nadesan; 206-972-1113; beckynadesan@live.com
Nestled in Mercer Island's highly sought-after First Hill neighborhood, this is a rare opportunity to create your dream home on an expansive 15,000+ square foot lot. Ideally located with convenient access to I-90 for easy commuting both east and west, the property is also just moments from First Hill Park and Lid Park, offering tennis courts, playgrounds, trails, and abundant recreational amenities. The existing 1951 home has sustained fire damage and is being offered as a potential rebuild or extensive renovation opportunity. From this exceptional setting, enjoy lovely eastern views of Mercer Island Town Center, Lake Washington, and the Cascade Mountains. Whether you're envisioning a custom estate or exploring the possibilities of a major remodel, this premier location provides an outstanding canvas for your vision. Important: There is no access to the home due to safety concerns, including structural liability and risk of injury. All showings are by appointment only, and the listing agent must accompany all visitors. House is sold as is.
Listed by Becky Nadesan • Coldwell Banker Bain
Listing updated: September 21, 2026 at 11:46pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2556583
2444 72nd Avenue Se, Mercer Island, WA 98040
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.
Neighborhood mobility
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.
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.
$9,520 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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 5 days.
$4,350,000 Sold
4 months ago
5 bd•3.5 ba•~4,310 sq ft•Single Family
8371 Se 31st Street, Mercer Island, WA 98040
3%
Under list
64
Days on market
0.8 mi
Distance
$3,700,000 Sold
4 months ago
4 bd•4 ba•~4,863 sq ft•Single Family
8260 Se 31st Street, Mercer Island, WA 98040
7%
Under list
41
Days on market
0.7 mi
Distance
$3,399,999 Sold
4 months ago
4 bd•3.75 ba•~4,100 sq ft•Single Family
6518 Se 28th Street, Mercer Island, WA 98040
0%
Over list
51
Days on market
0.3 mi
Distance
$2,550,000 Sold
4 months ago
4 bd•2.25 ba•~3,580 sq ft•Single Family
2800 68th Avenue Se, Mercer Island, WA 98040
6%
Under list
45
Days on market
0.3 mi
Distance
$8,850,000 Sold
5 months ago
4 bd•4 ba•~5,040 sq ft•Single Family
3639 W Mercer Way, Mercer Island, WA 98040
11%
Under list
198
Days on market
0.8 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 21, 2026 at 11:46pm (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (5)
See more →
Open Wed, Sep 23 +3
Open Wed, Sep 23 +2
Open Wed, Sep 23
Open Wed, Sep 23
Open Sat, Sep 26$2,390,000
+$695,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.92M and $3.3M.
Rental earnings
$7,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,431,913Last sold price
3011 70th Avenue Se, Mercer Island, WA 98040
$2,555,000Last sold price
3021 W Mercer Way, 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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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