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 SchoolSchoolDigger 5 stars · Top 1% in WA

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.