Land for Sale in 98040, WA

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ABOUT THIS HOME
Land for sale in 98040, WA:
Build your Mercer Island dream home on this private, tree-lined parcel tucked away on a quiet dead-end road. Surrounded by mature evergreens, this serene setting offers filtered western lake and territorial views. Ideally located just minutes from I-90 & future light rail, you'll enjoy both peaceful seclusion and everyday convenience. The east boundary is adjacent to the MI walking trail for outdoor enjoyment and easy access to town center. Utilities conveniently located in the street. Bring your builder or architect to walk the lot and help visualize the possibilities. Truly a special opportunity to create your custom home in one of the city's most desirable neighborhoods. Images are

$825,000

— beds— baths— sq ft

73 XX SE 38th St, Mercer Island, WA 98040

Territorial views • 0.25 acre lot • Listed 37 days

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
Unique opportunity to build on a large private 21,000 square foot lot with partial water views. Tucked away at the end of a private street on the north end of Mercer island, in the sought after Ferncroft neighborhood. This retreat style lot faces east and is ready for your builder or architect. Utilities close by, and located just minutes from I90 and local commerce. Access from Ferncroft Road: Use address 4419 Ferncroft Rd in your gps. Buyer to verify utilities.

$700,000

— beds— baths— sq ft

44 xx Ferncroft Rd, Mercer Island, WA 98040

Retreat style lot • Partial water views • Large private lot

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
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

$1,400,000

— beds— baths— sq ft

9433 SE 54th St, Mercer Island, WA 98040

Custom residence • 1/2 acre lot • Easy access to i-90

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
As Mark Twain once said "Buy land, they're not making it anymore. " Fantastic opportunity to build your dream view home on Mercer Island. Quiet South end location is close to South end shopping, dining, elementary and middle schools and miles of trails. Beautifully sited ½ acre lot in a small subdivision of 5 homes. Architectural conceptual plans and pre-construction reports are included in the sale, or bring your own architect and see how your vision can come to life. Water, sewer, power and gas are on the property.

$960,000

— beds— baths— sq ft

7421 E Mercer Way, Mercer Island, WA 98040

South end location • ½ acre lot • Small subdivision

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
MERCER ISLAND (DAWN VISTA) -0.307 ACRES: Prime mid-island location offering potential Lake Washington view. Located in quiet neighborhood on dead-end street. Shopping, dining, and entertainment needs within 15minutes in nearby Bellevue & Seattle. Close to schools, light rail, parks and trails. Property is 13,394 sf and sloped. Zoned R-15. No CCR's. Power, water, sewer, gas in street. 2021 topographical survey, geotechnical report, arborist report, pre-app city notes, feasibility review, concept drawings, & estimated development costs completed. No new studies. Buy and build or hold for future investment/development. Buyer to confirm feasibility for their building project. Bring y

$830,000

— beds— baths— sq ft

9458 SE 47th St, Mercer Island, WA 98040

Close to parks • Close to schools • Lake washington view

Listing provided by NWMLS as Distributed by MLS Grid

Property at 0 XXX 91st Ave SE, Mercer Island, WA 98040

$323,950

— beds— baths— sq ft

0 XXX 91st Ave SE, Mercer Island, WA 98040

Listing provided by NWMLS as Distributed by MLS Grid

Property at 9167 SE 64th St, Mercer Island, WA 98040

$475,000

— beds— baths— sq ft

9167 SE 64th St, Mercer Island, WA 98040

Listing provided by NWMLS as Distributed by MLS Grid

Property at 28 XX 68th Ave SE, Mercer Island, WA 98040

$1,750,000

— beds— baths— sq ft

28 XX 68th Ave SE, Mercer Island, WA 98040

Listing provided by NWMLS as Distributed by MLS Grid

Property at 0 XX23 91 st Ave SE, Mercer Island, WA 98040

$404,950

— beds— baths— sq ft

0 XX23 91 st Ave SE, Mercer Island, WA 98040

Listing provided by NWMLS as Distributed by MLS Grid

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ABOUT THIS HOME
Land for sale in 98040, WA:
Opportunities like this are Nearly Extinct - 1.25 acre Buildable site with 175 feet of low bank waterfront + 100' ft dock for your yacht or personal watercraft. Room for an 18 car garage. A rare blank canvas - The foundation is in place, but you decide the home’s final design, Commanding Views of the water, East Channel Bridge, Mercer Island, and Beaux Arts. Located minutes from DT Seattle or Bellevue, yet feels like a private retreat. #1 school district in the state. Two sets of permits, one expired, one in process = time and cost saving advantage. Too many bonuses to list. Price includes land, Plans, permits + improvements. Cost to complete the home starts at 3m. The freedom to buil

$6,925,000

— beds— baths— sq ft

96 Cascade Ky, Bellevue, WA 98006

100 ft dock • Commanding views • Private retreat

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
180 degree views! Captivate your eyes views of the mountains, Downtown Seattle and Lake Washington. This 6000sf Lakeridge parcel does not disappoint. Ask for details about the feasibility that has been done and possibly purchasing permits.

$410,000

— beds— baths— sq ft

7220 S Ryan St, Seattle, WA 98178

180 degree views • 6,000 sq ft lot • Listed 18 days

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
Exceptional builder opportunity with approved permits for 7 single-family homes on three parcels totaling over an acre of land. Planned cul-de-sac community with minimum 5,000 SF lots. Sewer in street, gas and water on property—utilities ready for construction. Convenient Tukwila location near I-5, I-405, Southcenter, and Sea-Tac Airport. Just 15 minutes south of Seattle and Bellevue, this prime suburb offers a growing tech presence and strong demand for single-family housing. A rare shovel-ready project in a high-growth, centrally located neighborhood—ready to build now! Buyers to verify zoning and development standards for potential increased density or alternative housing opp

$1,500,000

— beds— baths— sq ft

4621 S 104th Pl, Seattle, WA 98178

Minimum 5000 sf lots • Cul-de-sac community • Approved permits

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
Master Permit in place #3036645-LU. with expiriation date of 09/2028. Sale included, land, permits, plans and engneering for 5 story 41 unit Apartment Building, or upscale townhouses with condo permit conversion. This is a MFTE property which has a tax exemption of 12 years. All prints , permits and connections are available on request

$750,000

— beds— baths— sq ft

9025 46th Ave S, Seattle, WA 98118

6,000 sq ft lot • Listed 29 days

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
Incredible opportunity to build your dream home with gorgeous Lake Washington and Olympic Mountain Views in Coveted Lower Kennydale. Beautiful western exposure. 26,115 square foot / . 60 acre property is zoned R6. Western property line extends far beyond fencing on West side. Buyer to verify with City of Renton the ability to sub-divide. Value is in the land. All utilities are available at property. Current home is a teardown. Amazing location - close to Lake Washington, freeways, airport, mountains and city.

$1,150,000

— beds— baths— sq ft

1409 N 24th St, Renton, WA 98056

Close to freeways • Zoned r6 • Utilities available

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Land for sale in 98040, WA:
Scenic residential lot with sweeping Lake Washington and Cascade Mountain views. An ideal lot for your custom dream home with endless water views. Lot may be large enough to subdivide, sold as-is, buyer to verify all information. King County assessed for $297,000.

$250,000

— beds— baths— sq ft

97 XX Arrowsmith Ave S, Seattle, WA 98118

Custom dream home • Residential lot • Endless water views

Listing provided by NWMLS as Distributed by MLS Grid

Property at 123 47th Ave S, Seattle, WA 98178

$170,000

— beds— baths— sq ft

123 47th Ave S, Seattle, WA 98178

Listing provided by NWMLS as Distributed by MLS Grid

Property at 4819 S Myrtle St, Seattle, WA 98118

$99,000

— beds— baths— sq ft

4819 S Myrtle St, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10879 SE Lake Rd, Bellevue, WA 98004

$8,000,000

— beds— baths— sq ft

10879 SE Lake Rd, Bellevue, WA 98004

Listing provided by NWMLS as Distributed by MLS Grid

Property at 6211 Rainier Ave S, Seattle, WA 98118

$2,700,000

— beds— baths— sq ft

6211 Rainier Ave S, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10506 Cornell Ave S, Seattle, WA 98178

$375,000

— beds— baths— sq ft

10506 Cornell Ave S, Seattle, WA 98178

Listing provided by NWMLS as Distributed by MLS Grid

Property at 5150 S Bangor St, Seattle, WA 98179

$175,000

— beds— baths— sq ft

5150 S Bangor St, Seattle, WA 98179

Listing provided by NWMLS as Distributed by MLS Grid

Property at 0 Renton Ave S, Seattle, WA 98118

$299,000

— beds— baths— sq ft

0 Renton Ave S, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Property at 47 xx S 109th St, Tukwila, WA 98178

$125,000

— beds— baths— sq ft

47 xx S 109th St, Tukwila, WA 98178

Listing provided by NWMLS as Distributed by MLS Grid

Property at 0 Arrowsmith Ave S, Seattle, WA 98118

$195,000

— beds— baths— sq ft

0 Arrowsmith Ave S, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Property at 37 XX Meadow Ave N, Renton, WA 98056

$650,000

— beds— baths— sq ft

37 XX Meadow Ave N, Renton, WA 98056

Listing provided by NWMLS as Distributed by MLS Grid

Property at 6198 Rainier Ave S, Seattle, WA 98118

$395,000

— beds— baths— sq ft

6198 Rainier Ave S, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Property at 97 xx Arrowsmith Ave S, Seattle, WA 98118

$300,000

— beds— baths— sq ft

97 xx Arrowsmith Ave S, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Property at 0 xx SE 66th St, Renton, WA 98056

$747,000

— beds— baths— sq ft

0 xx SE 66th St, Renton, WA 98056

Listing provided by NWMLS as Distributed by MLS Grid

Property at 0 S Director & 48th Ave S, Seattle, WA 98118

$1,100,000

— beds— baths— sq ft

0 S Director & 48th Ave S, Seattle, WA 98118

Listing provided by NWMLS as Distributed by MLS Grid

Based on information submitted to the MLS GRID as of Sun Nov 30 2025. 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. Some IDX listings have been excluded from this website.

Land for Sale in 98040

There are currently 9 land homes for sale in 98040 at a median listing price of $2.5M. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 98040 every 15 minutes.

In the past month, 34 homes have been sold in 98040. In addition to houses in 98040, there were also 13 condos, 1 townhouse, and 0 multi-family units for sale in 98040 last month. 98040 is a minimally walkable zip code in King County with a Walk Score of 33. 98040 is home to approximately 22,182 people and 6,113 jobs. Find your dream home in 98040 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 98040 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 98040. If you're looking to sell your home in the 98040 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 98040 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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