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$399,950
128 Days On Site

Mercer Isle Condominiums
2500 81st Avenue SE 118
Mercer Island, WA 98040

For Sale|Condominium|Active
2
Beds
1
Total Bath
1
Full Bath
965
SqFt
$414
/SqFt
1960
Built
Cumulative Days On Market:
121
Subdivision:
Mercer Island
County:
King
Courtesy of NWMLS
Listing courtesy of Amy Thompson of Realogics Sotheby's Int'l Rlty
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
2500 81st Avenue SE 1182500 81st Avenue SE 1182500 81st Avenue SE 1182500 81st Avenue SE 118
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PRICE IMPROVED + SELLER PAYS 6 MONTHS OF HOA DUES! Discover one of the best values in downtown Mercer Island. This beautifully remodeled residence is ideally located directly across from the new light rail station and just moments from Luther Burbank Park, downtown Mercer Island, the Community Center, waterfront parks, and regional walking and biking trails. Enjoy rare features including no rental cap, a conveniently located covered carport near the entrance, large storage unit (#14), and an approved, recorded in-unit washer/dryer. Building amenities include an elevator and club/conference room (currently being renovated). The fully renovated interior features a designer kitchen with farmhouse sink, updated bathroom, new lighting, fireplace, custom closet organizers, air conditioning, and a private in-unit washer/dryer. Bright, open living spaces extend to an expansive west-facing veranda—perfect for relaxing, entertaining, and enjoying beautiful sunset views. Located in Mercer Island's award-winning school district with quick access to both Seattle and Bellevue, this home offers exceptional convenience, flexibility, and investment potential. Price has been significantly improved, and the seller will pay 6 months of HOA dues—making this an exceptional opportunity for homeowners and investors alike.

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Listing Snapshot
Price 
$399,950
Days On Site 
128 Days
Bedrooms 
2
Inside Area (SqFt) 
965 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1960
MLS® Number 
2480792
Status 
Active
Property Tax 
$2,606
HOA/Condo/Coop Fees 
$1,070.7 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
a week agoPrice changed to $399,950
4 weeks agoStatus changed to Active
4 months agoListing first seen on site
General Features
Direction Faces 
West
Levels 
One
Number Of Stories 
3
Parking 
CarportOff Street
Parking Spaces 
1
Pets 
No
Property Sub Type 
Condominium
SqFt Total 
965
Interior Features
Appliances 
DryerWasherDishwasherRefrigeratorDisposalElectric Water HeaterWater Heater
Cooling 
Window Unit(s)
Fireplace 
Yes
Fireplace Features 
See RemarksWood Burning
Fireplaces 
1
Flooring 
Vinyl
Heating 
ElectricBaseboard
Interior 
Elevator
Laundry Features 
Common AreaElectric Dryer HookupWasher Hookup
Main Level Bedrooms 
2
Window Features 
Insulated Windows
Bathroom Full 
Bedroom 
Level - Main
Dining Room 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Main
Utility Room 
Level - Main
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Exterior Features
Construction Details 
BrickWood Siding
Exterior 
Balcony
Lot Features 
Paved
Roof 
Flat
View 
CityTerritorial
Waterview 
CityTerritorial
Windows/Doors 
Insulated Windows
Community Features
Association Dues 
1070.7
Community Features 
Clubhouse
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
510 - Mercer Island
School District 
Mercer Island
Schools
School District
Mercer Island
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Amy Thompson of Realogics Sotheby's Int'l Rlty



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-26 09:45 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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