Rockhood
$399,950List price
2 bed · 1 bath
Active

2500 81st Avenue SE #118 · Mercer Island, WA 98040

Source: NWMLS · Realogics Sotheby's Int'l Rlty · Amy Thompson #NWM2480792

About this home

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.

Location

Basics

Property type
Condominium
Style
Condo (1 Level)
Stories
1 story
Year built
1960
Building area
965 sq ft
County
King
MLS #
NWM2480792

Interior

Heating
Baseboard
Cooling
Window Unit(s)
Flooring
Vinyl Plank
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s)
Fireplace
1 · See Remarks, Wood Burning
Interior features
Cooking-Electric, Dryer-Electric, Fireplace, Insulated Windows, Washer, Water Heater

Exterior & lot

Exterior features
Brick, Wood Products
Roof
Flat, Torch Down
Lot features
Curbs, Open Space, Paved, Sidewalk
View
City, Territorial
Waterfront
No

Parking

Parking spaces
1
Carport
Yes
Covered spaces
1
Parking features
Carport, Off Street, Uncovered

Utilities

Power
Electric

Community & fees

Subdivision
Mercer Island
Community features
Club House, Elevator, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, See Remarks
HOA dues
$1,071/mo
Property tax
$2,606 (2026)

Transaction

Original list price
$425,000 (5.9% price cut)
Listed on
Mar 20, 2026
Days on market
175
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2025-11-12
Sold$643,000

Schools

School district: Mercer Island

High
Mercer Island High School
SchoolDigger 5 stars · Top 1% in WA

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Listing provided courtesy of: Realogics Sotheby's Int'l Rlty

Listing agent: Amy Thompson.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' 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.

Data last updated 2026-09-17.