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Listed by: Amy Thompson (206) 679-8862 | Realogics Sotheby's Int'l Rlty (425) 800-0310
$399,950
Monthly Est:$1,991
2 Beds
1 Bath1 full bath
965sqft
2500 81st Avenue SE #118, Mercer Island, WA 98040
$399,950
$1,991/moEst:
Get Pre-Approved
Condominium
Built in 1960
$1,071/mo HOA
-- sqft lot
$414/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 17, 2026 at 6:42 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2480792
Property Details
Status
Active
Type
Condominium
No. of Stories
3
County
City
Neighborhood
--
Year Built
1960
HOA Fees
$1071/mo
Finished Area
965 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2480792
MLS Status
Active
Days on Market
197
Cumulative Days on Market
188
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Location
HOA Management
N/A
HOA Fees
$1,070.7/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Trash Pickup
Road Maintenance
Sewer
Water
Snow Removal
Earthquake Insurance
Lawn Service
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Dining Room
Level: Main
Kitchen With Eating Space
Level: Main
Living Room
Level: Main
Utility Room
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Interior
Flooring
Vinyl Plank
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/range(s)
Exterior Features
Brick, Wood Products
Interior Features
Cooking Electric, Dryer Electric, Fireplace, Insulated Windows, Washer, Water Heater
Heating
Baseboard
Cooling
Window Unit(s)
Construction
Year Built
Year Built: 1960
Home type
Condominium
Roof
Flat, Torch Down
Construction Materials
Brick, Wood
Utilities & Energy
Parking Features
Carport, Off Street, Uncovered
Laundry Features
Electric Dryer Hookup, Washer Hookup
Fireplace Features
See Remarks, Wood Burning
Other Features
Lot Features
Curbs, Open Space, Paved, Sidewalk
Subdivision Name
Mercer Island
Community Features
Club House, Elevator, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, See Remarks
Price History
| Date | Event | Price |
|---|---|---|
06/28/2026 Source: | Listed for Sale | $399,950 -3.63% $414/sqft |
06/28/2026 Source: | Price Increased | $415,000 +3.76% $430/sqft |
06/28/2026 Source: | Price Increased | $399,950 +60.01% $414/sqft |
09/04/2014 Source: | Sold | $249,950 $259/sqft |
Nearby Homes
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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 is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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