9433 SE 54th Street Mercer Island, WA ^$ 1,400,000

9433 SE 54th Street

^$ 1,400,000

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9433 SE 54th Street

Mercer Island, WA, 98040

^$ 1,400,000

Studio Baths0.0

Monthly Estimate*

^$ 8,734

Listed by eXp Realty

9433 SE 54th Street, Mercer Island, WA 98040 - Image 1

9433 SE 54th Street, Mercer Island, WA 98040 - Image 2

9433 SE 54th Street, Mercer Island, WA 98040 - Image 3

9433 SE 54th Street, Mercer Island, WA 98040 - Image 4

9433 SE 54th Street, Mercer Island, WA 98040 - Image 5

9433 SE 54th Street, Mercer Island, WA 98040 - Image 6

Studio

Lots and Land for sale in Mercer Island, WA

for $1,400,000. The lot size is 0.4974.

Your Dream Home awaits! Beautiful 1/2 acre lot in Cay Hills overlooking Lake Washington. This quiet dead end street is the perfect place to build. Located in a sought-after neighborhood with top-rated schools, easy access to I-90, parks, and vibrant town center amenities. The lot offers privacy, natural beauty, and endless potential to create a custom residence in one of the region’s most desirable communities. Geotechnical Report, Critical Area Study and Tree Protection Plan has already been completed by sellers

Lots and Land Active

Price

^$ 1,400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 4,678

Style

Res-Less thn 1 Ac

Lot Size

0.4974

Town/City

Mercer Island

County/Region

King

MLS | Web ID

2433933

Features

General

Living Area 0

Sewer In Street

Utilities Electricity Available Natural Gas Available

Possession Closing

HOA Fee 0

Property Subtype Land

Tax Year 2025

Building Name Cay Hills

County King

Property Type Land

HOA N

Subdivision Name Mercer Island

Possible Use Residential

Special Listing Conditions None

Status Active

Directions From E Mercer Way turn East on SE 54th follow road keep Right at the fork. Lot is at the end of the street on the right side

City Mercer Island

Senior Community Y/N N

High School District Mercer Island

Zoning Description Residential

MLS Area 510 - Mercer Island

Lot Size Units Square Feet

Lot Size Square Feet 21665

Carport Y/N N

Listing Terms See Remarks

Tax Annual Amount 4678

Public Remarks Your Dream Home awaits! Beautiful 1/2 acre lot in Cay Hills overlooking Lake Washington. This quiet dead end street is the perfect place to build. Located in a sought-after neighborhood with top-rate

Structure Type Unspecified

Building Area Units Square Feet

Standard Status Active

Gas Status In Street

Property Style 40 - Res-Less thn 1 Ac

Interior

Total Fireplaces 0

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Baths Three Quarter Upper 0

Bedrooms Upper 0

Baths Half Upper 0

Baths Full Upper 0

Exterior

Water Source Available In Street

Building Area Total 0

Lot Size Acres 0.4974

Road Surface Type Paved

Waterfront Y/N N

Irrigation Water Rights Y/N N

Lot Number 14

Internal Only

OriginalMLSID NWM2433933

Street Number 1 9433

* Excluded Features

List By

Helena Chen

Listing Agent

Exp Realty

Broker

Affordability Calculator

$9,124

Per Month

Monthly Principal & Interest: $8,734
Monthly Property Taxes: $390
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Mercer Island, WA

Average List Price ^$1,540,672

Percent of Sale Price 10%

About Mercer Island, WA

25,058 Population

14% Since 2002

^$136,459 Median Income

47.88 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

258844 Elementary School

257551 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2025	$1,400,000	-9.68%	Price Down
9/16/2025	$1,550,000		Listed Price

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9433 SE 54th Street, Mercer Island, WA, 98040 is a Lots and Land for sale at $1,400,000 with a lot size of 0.4974. 9433 SE 54th Street is a studio with 0.0 baths. The property's zip code is 98040 which is in Mercer Island, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 12/20/2025.

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9433 SE 54th Street

Lots and Land for sale in Mercer Island, WA

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