3427 72nd Place Se

Mercer Island, WA
$ 4,250,000 Beds 5 Baths 4.5 Sq 4,148 Virtual Tour
Monthly Estimate* How much can I afford?

Skip the search for land and the long road through design and approvals. This fully permitted First Hill offering is an opportunity to purchase a brand-new modern home before construction begins—and still have time to personalize selected finishes with the builder. Designed for modern living, this 4,148 SqFt home offers 5 bedrooms, 4.5 baths, expansive windows, abundant natural light and dramatic volume, including a showstopping two-story living room. Sunny western exposure, covered decks and a rooftop deck create inviting spaces for outdoor living, with lake, mountain and sunset views. The sleek, light-filled kitchen features a generous island, large pantry and premium appliances. The main-floor office with French doors is a perfect work-from-home space. The upper level has 3 bedrooms, including a luxurious primary suite with a private covered deck, western views and spa-inspired bath. The lower level offers a rec room, 4th bedroom and a separate approx. 700 SqFt 1 bedroom 1 bath apartment/ADU. Built by Artoush Homes, an experienced builder committed to thoughtful design, craftsmanship and enduring quality, completion is anticipated by Summer 2027. (NOTE: Renderings in listing are intended to help illustrate the home’s planned style, quality, layout and flow; final finishes and details may vary). Enjoy popular First Hill with tree-lined streets, nearby greenbelt trails to Town Center, the farmers market, shops, cafés and restaurants, and a charming park two blocks away.

Active

  • Price
  • $ 4,250,000
  • City
  • Mercer Island
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • KING
  • Half Bathrooms
  • 1
  • Area
  • Mercer Island
  • Lot Size
  • 0.1722 Acres
  • Zip
  • 98040
  • Sqr Footage
  • 4,148
  • Year Built
  • 2027
  • Taxes
  • $ 9593
  • Style
  • 2 Stories w/Bsmnt
  • MLS#
  • 2566836
Listed By: Coldwell Banker Bain and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 4148
Sewer Sewer Connected
Heating Forced Air,Heat Pump
Cooling Central Air
Possession Closing,See Remarks
Roof Flat
Appliances Dishwasher,Disposal,Microwave,Refrigerator,Stove(s)/Range(s)
Security Features Partially Fenced,Security System
Year Built 2027
View Lake,Mountains
Topography Level,Partial Slope
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction Yes
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name First Hill
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions From SE 24th,head south on 72nd Ave SE. Follow for about 1/2 mile. Turn left onto SE 34th St. Turn right onto 72nd Pl SE. Property on right hand side.
High School Mercer Isl High
City Mercer Island
Entry Location Main
Senior Community Y/N No
High School District Mercer Island
MLS Area 510 - Mercer Island
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Y/N Yes
Listing Terms Cash,Conventional
Elementary School West Mercer Elem
Land Lease Y/N No
Tax Annual Amount 9593
Middle/Junior High School Islander Mid
Public Remarks Skip the search for land and the long road through design and approvals. This fully permitted First Hill offering is an opportunity to purchase a brand-new modern home before construction beginsand s
Structure Type House
Building Area Units Square Feet
Builder Name Artoush Homes
Standard Status Active
Water Company City of Mercer Island
Property Style 18 - 2 Stories w/Bsmnt
AFH 5377
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Second Kitchen,Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,High Tech Cabling,Pantry,Security System,Vaulted Ceiling(s),Walk-In Closet(s)
Basement Daylight,Finished
Flooring Ceramic Tile,Engineered Hardwood,Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
3/4 Baths 2
Total Bedrooms 5
Total Baths 5
Fireplaces Main 1
Power Production Type Electric,Natural Gas
Baths Three Quarter Lower 1
Baths Three Quarter Upper 1
Bedrooms Lower 2
Bedrooms Upper 3
Baths Half Main 1
Baths Full Upper 1
Baths Full Lower 1
Bathrooms 4

Exterior Features

Exterior Amenities Cement Planked,Wood
Vegetation Garden Space
Parking Features Attached Carport,Attached Garage
Lot Features Paved
Water Source Public
Total Parking 3
Inclusions Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 4148
Lot Size Acres 0.1722
Waterfront Y/N No
Covered Spaces 3
Irrigation Water Rights Y/N Yes
Site Features Cable TV,Deck,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Irrigation,Rooftop Deck,Sprinkler System

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Issaquah, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School West Mercer Elem
Middle School Islander Mid
High School Mercer Isl High

Price History

8/11/2026 Listed $4,250,000

Property vs Zip Code Average in 98040

Price
AVG $4.9M
$4.25M
Taxes
AVG $23,109
$9,593
Year Built
AVG 1987
2027
Visits
AVG 227
58
Data Provided by Inside Real Estate®

3427 72nd Place Se Mercer Island, WA is a Single Family Home for sale at $4250000 with 4148 sqft and a lot size of 0.1722 Acres Acre(s). 3427 72nd Place Se Mercer Island has 5 bedrooms, 4 baths and was built in 2027. 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 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.