Listing provided courtesy of Realogics Sotheby's Int'l RltyNWMLSMLS# NWM2480792MLS Provider
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LOCATION, LOCATION, LOCATION Price revision: the most compelling remodeled residence in downtown MI. Centrally located in the heart of Mercer Island (MI), this beautifully updated residence offers the ultimate convenience and lifestyle. Situated directly across from the newly opened light rail station and steps to Luther Burbank Park, the MI Community Center, downtown Mercer Island, and scenic waterfront trails, this residence delivers unmatched accessibility. Rare features include no rental cap, rare covered assigned parking near the entrance, a large onsite storage unit (#14), and recorded W/D units. Amenities incl elevator and a conference club room (currently under renovation). Inside this residence, enjoy a fully remodeled interior with a designer kitchen featuring a farmhouse sink, tastefully updated bathroom, new lightings, a fireplace, large screen doors, new closets and custom closet organizers. It also offers a private in-unit approved & recorded W/D and AC for year-round comfort. Bright, open living spaces flow seamlessly to an expansive 90-foot veranda with serene, unobstructed western exposure—perfect for sunset views and alfresco dining. Located in a top-rated school district with quick access to both Bellevue and Seattle, plus direct connectivity to regional walking and cycling trails, this is Mercer Island living at its finest. No rental cap provides unlimited options for owners at the most central location on the island. MUST SEE.

Source: NWMLS, MLS#: NWM2480792

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  • Property Type
    Residential

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  • Median Age
    46
  • Population Density
    2,001
  • College Educated
    82%
  • Estimated Median Income
    $150,506
  • Estimated Total Home Owners
    6,779
  • Estimated Total Renters
    3,349
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    3
  • Total Population
    25,820
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2500 81st Avenue SE #118


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/28/2026Source: NWMLS Status Change
Active
6/20/2026Source: NWMLS Status Change
Pending Inspection
4/28/2026Source: NWMLS Price Reduction
$415,000 -2.4%
3/20/2026Source: NWMLS Added to Database
March 20, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021