$1,695,000
Est. $8,615/mo5 bd•2 ba•3,060 sq ft
2444 72nd Avenue Se, Mercer Island, WA 98040
• Listed 2026-07-18•New today
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Based on information submitted to the MLS GRID as of July 21, 2026 at 05:04pm (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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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.
Listed by Becky Nadesan • Coldwell Banker Bain
Listing updated: July 21, 2026 at 05:04pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2556583
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (4)
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Open Wed, Jul 22
Open Wed, Jul 22 +2
Open Wed, Jul 22 +2
Open Wed, Jul 22 +1$2,500,000
+$805,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.79M and $3.3M.
Rental earnings
$7,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,625,000Last sold price
7032 Se 20th Street, Mercer Island, WA 98040
$2,175,000Last sold price
7440 Se 32nd Street, 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.
2444 72nd Avenue Se, Mercer Island, WA 98040
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
$9,159 per month
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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 8 days.
$4,350,000 Sold
7 weeks 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
0.8 mi
Distance
$3,399,999 Sold
8 weeks ago
4 bd•1.5 ba•~4,100 sq ft•Single Family
6518 Se 28th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.3 mi
Distance
$2,550,000 Sold
2 months 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
$8,850,000 Sold
3 months 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
0.8 mi
Distance
$2,500 Sold
3 months ago
2 bd•1 ba•Single Family
2500 81st Avenue Se #332, Mercer Island, WA 98040
0%
Over 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 from MLS GRID / NWMLS · Updated Jul 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.
