$4,250,000
Est. $21,917/mo5 bd•4 ba•4,148 sq ft
3427 72nd Place Se, Mercer Island, WA 98040
• Listed 2026-08-11•1 day on market
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Based on information submitted to the MLS GRID as of August 12, 2026 at 05:02am (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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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.
Listed by Sarah Ford • Coldwell Banker Bain
Listing updated: August 12, 2026 at 05:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2566836
Open houses
2 datesNearby open houses (8)
See more →
Open Sat, Aug 15 +1$4,165,000
-$85,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $2.17M and $3.5M.
Rental earnings
$12,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,175,000Last sold price
7440 Se 32nd Street, 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.
3427 72nd Place 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
$23,779 per month
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Open Sat, Aug 15
Open Sat, Aug 15
Open Sat, Aug 15 +1
Open Sat, Aug 15 +1
Open Sat, Aug 15 +1
Open Sat, Aug 15Open Sat, Aug 15Mercer 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 2% below list price.
Time on market: The average home goes pending in around 8 days.
$4,350,000 Sold
2 months ago
5 bd•3.5 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
$3,700,000 Sold
2 months ago
4 bd•4 ba•~4,863 sq ft•Single Family
8260 Se 31st Street, Mercer Island, WA 98040
7%
Under list
—
Days on market
0.7 mi
Distance
$3,399,999 Sold
3 months ago
4 bd•3.75 ba•~4,100 sq ft•Single Family
6518 Se 28th Street, Mercer Island, WA 98040
0%
Over list
—
Days on market
0.5 mi
Distance
$2,550,000 Sold
3 months ago
4 bd•2.25 ba•~3,580 sq ft•Single Family
2800 68th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.5 mi
Distance
$3,100,000 Sold
3 months ago
5 bd•2.75 ba•~3,800 sq ft•Single Family
8438 N Mercer Way, Mercer Island, WA 98040
2%
Under list
—
Days on market
0.9 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 Aug 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.
