$1,222,000
Est. $6,662/mo10824 Vashon Highway SW, Vashon, WA 98070
• Listed Oct 15, 2026•18 days active · 18 cumulative
Listing Broker: Windermere Real Estate Co.; Kayse Gundram; 206-713-0180; kayse@windermere.com
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Listing Broker: Windermere Real Estate Co.; Kayse Gundram; 206-713-0180; kayse@windermere.com
About this home
An island landmark. Your next venture. Own the only commercial waterfront property on Vashon Island and imagine what comes next. The Mermaid brings together a substantial commercial kitchen, existing restaurant and bar infrastructure, and three residential apartments in a setting with unmistakable character. A boutique restaurant overlooking the water. A cocktail bar worth catching the ferry for. A café or bakery woven into the rhythm of island life. Positioned along the ferry approach, the Mermaid enjoys prominent visibility to travelers and island natives alike. Create your business with possibilities for rental income, owner or staff occupancy alongside it. Handcrafted tile, warm wood, balconies and outdoor gathering spaces create an atmosphere people remember. Six on-site parking spaces and rooftop/deck potential add another layer of possibility. The Mermaid awaits its next steward. Bring your vision to the Vashon community and the shores of the Salish Sea.
Listed by Kayse Gundram • Windermere Real Estate Co.
Listing updated: October 21, 2026 at 02:39pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2591122
Around this home
How much should you offer?
10824 Vashon Highway SW, Vashon, WA 98070
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
Layout
- Comm Bldg Und 10K
Flooring
- Hardwood
- Carpet
Heating & cooling
- Baseboard heating
- See Remarks heating
Schools
Ratings via SchoolDigger- South Colby Elementary SchoolPublic · Grades PK-5 · 3.9 mi · State rank 313 of 1,1388/10
- John Sedgwick Middle SchoolPublic · Grades 6-8 · 3.2 mi · State rank 113 of 5148/10
- Chief Sealth International High SchoolPublic · Grades 9-12 · 4.8 mi · State rank 157 of 3966/10
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.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 3,576 sq ft
- Year built
- 1954
Parking & site
- Parking spaces
- 6
- Uncovered parking
- 6
- Acres
- 0.15 acres
- Lot square feet
- 6,586 sq ft
- Zoning jurisdiction
- County
Taxes & terms
- Financing
- Cash, See Remarks
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.
Opens with the report above.
Sales & Tax Records for 10824 Vashon Highway SW
NWMLS via MLS Grid · King County AssessorEvery 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.
- Oct 15, 2026Back on marketNWMLS via MLS Grid · #2591122$1,222,000
- Oct 7, 2026ListedNWMLS via MLS Grid · #2591122$1,222,000
- Apr 1, 2021Recorded saleKing County recorder · Real estate contract$1,000,000
- Apr 6, 1995Recorded saleKing County recorder · Warranty deed$435,000
Mortgage payment forecast
$7,885 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%.
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Listing Broker: Windermere Real Estate Co.; Kayse Gundram; 206-713-0180; kayse@windermere.com
Market pulse
Vashon is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 82 days.
Recent sales nearby
Within 1 mile · last 6 months$935,000 Sold
3 weeks ago
4 bd•2.5 ba•~2,150 sq ft•Single Family
10607 SW 112th Street, Vashon, WA 98070
0%
Over list
32
Days on market
0.4 mi
Distance
$56,000 Sold
3 weeks ago
•Single Family
0 Cunliffe Road SW, Vashon, WA 98070
20%
Under list
833
Days on market
1.0 mi
Distance
$375,000 Sold
5 weeks ago
2 bd•1 ba•~550 sq ft•Single Family
9820 SW Bunker Trail, Vashon, WA 98070
17%
Under list
85
Days on market
0.2 mi
Distance
$910,000 Sold
7 weeks ago
4 bd•1.75 ba•~1,720 sq ft•Single Family
11530 103rd Avenue SW, Vashon, WA 98070
0%
Over list
—
Days on market
0.4 mi
Distance
$975,000 Sold
2 months ago
2 bd•1.5 ba•~1,420 sq ft•Single Family
11505 103rd Avenue SW, Vashon, WA 98070
1%
Under list
75
Days on market
0.4 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 2, 2026 at 10:58 AM PT (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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