2707 70th Avenue SE, Mercer Island, WA 98040

$2,275,000
3
BD
3
BA
3,220
SqFt

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Listing courtesy of WeLakeside. Selling Office: ZNonMember-Office-MLS.

Sold Price
$2,275,000
List Price
$2,350,000
Status
SOLD
MLS#
2476203
Closing Date
Mar 30, 2026
Days on Market
12
Bedrooms
3
Finished SqFt
3,220
Area Total SqFt
3220
Annual Tax Ammount
12191
Lot Size (sq ft)
8,203
Fireplace
Yes
Sewer
Available

Property Description

Seize a rare opportunity in the heart of desirable First Hill. This premier view lot currently hosts a substantial mid-century 3,220 SF residence, offering a robust canvas for those looking to execute a high-end luxury remodel. Alternatively, skip the years of waiting with fully approved permits to build a 4,415 SF modern architectural masterpiece (building permit 2502-179). Approved plans are thoughtfully designed to capture panoramic breathtaking west-facing views of Lake Washington, Olympic Mountains and dramatic sunsets through expansive walls of windows. The property is ideally oriented to capture unobstructed city skyline views. This shovel-ready lot includes plans for a two-story residence with a daylight basement. Offering both luxury and flexibility, the sophisticated layout features five bedroom suites with en-suite baths, along with a versatile office complete with a shower. Open-concept living spaces flow effortlessly to expansive entertaining decks, while the primary suite features its own private “million-dollar view” deck. A separate entrance leads to a permitted ADU (permit ADU25-001), perfectly suited for multi-generational living or income potential. With effortless access to I-90 connecting Seattle and Bellevue, this turnkey project presents an exceptional opportunity for investors or custom home builders to break ground immediately on one of the area’s premier view lots.

Additional Information

Community
First Hill
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight
Year Built
1954
Total Covered Parking
2
View
City, Lake, Mountains, Territorial
Roof
Flat
Site Features
Gas Available
Tax Year
2025
School District
Mercer Island
Elementary School
West Mercer Elem
Middle School
Islander Mid
High School
Mercer Isl High
Potential Terms
Cash
Interior Features
Fireplace, Skylight(s), Vaulted Ceiling(s), Water Heater
Flooring
Laminate, Carpet
Driving Directions
I90 E - Take W. Mercer Exit. Rt. West Mercer Way. Lt. 24th. Rt. 70th. Home on Right. I90 W - Take Island Crest Exit. Straight North Mercer Way. Lt. 76th. Rt. 24th. Lt. 70th. Home on Right.
Water Heater Location
Basement
Water Heater Type
Electrical
Energy Source
Electric, Natural Gas
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.
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