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Listed by Sarah Ford • Coldwell Banker Bain.
FOR SALE

$4,250,000

Est. $23,541/mo

5 bd•4 ba•4,148 sq ft

3427 72nd Place SE, Mercer Island, WA 98040

• Listed Aug 11, 2026•44 days active · 44 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Coldwell Banker Bain; Sarah Ford; 206-854-7702; SarahJFord@hotmail.com

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Listing Broker: Coldwell Banker Bain; Sarah Ford; 206-854-7702; SarahJFord@hotmail.com

About this home

Skip the search for land and the long road through design and approvals. This fully permitted First Hill offering is an opportunity to purchase a brand-new modern home before construction begins—and still have time to personalize selected finishes with the builder. Designed for modern living, this 4,148 SqFt home offers 5 bedrooms, 4.5 baths, expansive windows, abundant natural light and dramatic volume, including a showstopping two-story living room. Sunny western exposure, covered decks and a rooftop deck create inviting spaces for outdoor living, with lake, mountain and sunset views. The sleek, light-filled kitchen features a generous island, large pantry and premium appliances. The main-floor office with French doors is a perfect work-from-home space. The upper level has 3 bedrooms, including a luxurious primary suite with a private covered deck, western views and spa-inspired bath. The lower level offers a rec room, 4th bedroom and a separate approx. 700 SqFt 1 bedroom 1 bath apartment/ADU. Built by Artoush Homes, an experienced builder committed to thoughtful design, craftsmanship and enduring quality, completion is anticipated by Summer 2027. (NOTE: Renderings in listing are intended to help illustrate the home’s planned style, quality, layout and flow; final finishes and details may vary). Enjoy popular First Hill with tree-lined streets, nearby greenbelt trails to Town Center, the farmers market, shops, cafés and restaurants, and a charming park two blocks away.

Property type
Single Family
Year built
2027
Interior
4,148 sq ft
Lot size
0.1722 acres
Parking
3-car garage
Price / sq ft
$1025
HeatingForced Air, Heat Pump
CoolingCentral Air
Property taxes$9,593/yr (est.)
School districtMercer Island

Listed by Sarah Ford • Coldwell Banker Bain

Listing updated: September 22, 2026 at 06:39pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2566836

Around this home

RexMont OfferEdge™

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3427 72nd Place SE, Mercer Island, WA 98040

List price
$4,250,000
Down payment
$850,000

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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

Interior features

  • Second Kitchen
  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • French Doors
  • High Tech Cabling
  • Pantry
  • Security System
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Fireplace (gas)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 5 bedrooms total
  • 3 upstairs
  • 2 on the lower level

Bathrooms

  • 2 full bathrooms
  • 2 three-quarter bathrooms (shower, no tub)
  • 1 half bathroom
  • 4 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 4,148 sq ft finished
  • 469 sq ft garage

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Central Air cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Vegetation
Garden Space

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
Puget Sound Energy
Water company
City of Mercer Island
Sewer company
City of Mercer Island
Gas company
Puget Sound Energy
Garbage service
Recology
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Rooms & extras

Bathtubs
2
Showers
4
Fireplaces on main
1

New construction

New construction state
Presale
Estimated completion
Jul 1, 2027
Builder
Artoush Homes
Square footage source
Architect Plans
Lot size source
Realist

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 3427 72nd Place SE

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Aug 11, 2026
    Listed
    NWMLS via MLS Grid · #2566836
    $4,250,000
    $1,025/sq ft
  2. Aug 29, 2025
    Sold
    NWMLS via MLS Grid · #2367583
    $1,575,000
    $380/sq ft
  3. May 12, 2025
    Pending
    NWMLS via MLS Grid · #2367583
    $1,500,000
    $362/sq ft
  4. May 6, 2025
    Listed
    NWMLS via MLS Grid · #2367583
    $1,500,000
    $362/sq ft
  5. Apr 26, 1983
    Recorded sale
    King County recorder · Warranty deed
    $99,000
    $24/sq ft

Mortgage payment forecast

$25,403 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: Coldwell Banker Bain; Sarah Ford; 206-854-7702; SarahJFord@hotmail.com

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 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,585,000 Sold

    3 days ago

    4 bd•3 ba•~2,220 sq ft•Single Family

    4215 Island Crest Way, Mercer Island, WA 98040

    6%

    Under list

    65

    Days on market

    0.9 mi

    Distance

  • $2,300,000 Sold

    1 week ago

    3 bd•1.75 ba•~1,900 sq ft•Single Family

    7529 SE 40th Street, Mercer Island, WA 98040

    21%

    Over list

    15

    Days on market

    0.4 mi

    Distance

  • $1,852,500 Sold

    2 weeks ago

    4 bd•3 ba•~3,490 sq ft•Single Family

    6605 SE 24th Street, Mercer Island, WA 98040

    7%

    Under list

    12

    Days on market

    0.7 mi

    Distance

  • $3,420,000 Sold

    4 weeks ago

    5 bd•4.5 ba•~3,930 sq ft•Single Family

    3237 74th Avenue SE, Mercer Island, WA 98040

    0%

    Over list

    —

    Days on market

    0.1 mi

    Distance

  • $1,815,000 Sold

    6 weeks ago

    3 bd•2.25 ba•~2,060 sq ft•Single Family

    7616 SE 37th Place, Mercer Island, WA 98040

    3%

    Under list

    58

    Days on market

    0.3 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 22, 2026 at 06:39pm (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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