Listed by eXp Realty
$1,400,000
$150K PRICE DROP

9433 SE 54th St Mercer Island, WA 98040

Parkwood - Mercer Firs Neighborhood

Estimated payment $7,783/month

Total Views 4,213
0.5 Acre
$2,814,636 Price per Acre
21,667 Sq Ft Lot

About This Lot

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

Listing Agent

Helena Chen

eXp Realty License #24024734 Listed on: 09/15/2025

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2433933

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,678

Additional Features

  • 0.5 Acre Lot
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Cay Hills Condos
  • Mercer Island Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 1438700145

Property Details

Property Type

Land

Est. Annual Taxes

$4,678

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Cay Hills
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: Available, In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mercer Island

Lot Info

  • Parcel Number: 1438700145
  • Lot Size Acres: 0.4974
  • Lot Size Sq Ft: 21665
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: 14

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4678

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Price Changed $1,400,000 -9.7% --
09/15/2025 09/15/25 For Sale $1,550,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2433933

Northwest Multiple Listing Service (NWMLS)
Washington King County Mercer Island 98040 Parkwood - Mercer Firs

9433 SE 54th St, Mercer Island, WA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Helena Chen
Listing Agent
Helena Chen
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eXp Realty
(206) 593-3628