2500 81st Avenue Se 118, Mercer Island, 98040
MLS® #: 2480792
Active, 173 Days on Market
Listing Office: Realogics Sotheby's Int'l Rlty
Last Update: 2026-09-18
2
Beds
1
Bath
Garages
173
Dom
965
Square feet
1960
Built
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.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $415,000 to $399,950 | |
| Date: | Details: Status Changed from Pending Inspection to Active | – |
| Date: | Details: Status Changed from Active to Pending Inspection | – |
Features of 2500 81st Avenue Se 118
| MLS® # | 2480792 |
|---|---|
| Price | $399,950 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 965 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 2500 81st Avenue Se 118 |
|---|---|
| Area | 510 - Mercer Island |
| Subdivision | Mercer Island |
| City | Mercer Island |
| County | King |
| State | WA |
| Zip Code | 98040 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Carport, Off Street, Uncovered |
| View | City, Territorial |
| Is Waterfront | No |
Interior
| Interior Features | Cooking-Electric, Dryer-Electric, Fireplace, Insulated Windows, Washer, Water Heater |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s) |
| Heating | Baseboard |
| Cooling | Window Unit(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | See Remarks, Wood Burning |
| # of Stories | 3 |
Exterior
| Exterior Features | Brick, Wood Products |
|---|---|
| Lot Description | Curbs, Open Space, Paved, Sidewalk |
School Information
| District | Mercer Island |
|---|
Additional Information
| Date Listed | March 20th, 2026 |
|---|---|
| Days on Market | 173 |
| Cumulative Days on Market | 173 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $2,606 |
| HOA Dues | 1070.7 |
Listing Details
| Office | Realogics Sotheby's Int'l Rlty |
|---|
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