2707 70th Avenue SE, Mercer Island, WA 98040 (MLS # 2476203)

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Listing provided courtesy of Northwest MLS; WeLakeside PRICE $2,350,000 BEDS 3 BATHS 2.75 HOME SIZE 3,220 sqft LOT SIZE 8,203 sqft Request More Info Schedule a Showing

Seize a rare opportunity in the heart of desirable First Hill. This premier view lot currently hosts a substantial 3,220 SF residence, offering a robust canvas for those looking to execute a high-end luxury remodel. Alternatively, skip the years of waiting with fully approved permits to build a 4,415 SF modern architectural masterpiece (building permit 2502-179). Approved plans are thoughtfully designed to capture panoramic breathtaking west-facing views of Lake Washington, and dramatic sunsets through expansive walls of windows. The property is ideally oriented to capture unobstructed city skyline views. This shovel-ready lot includes plans for a two-story residence with a daylight basement. Offering both luxury and flexibility, the sophisticated layout features five bedroom suites with en-suite baths, along with a versatile office complete with a shower. Open-concept living spaces flow effortlessly to expansive entertaining decks, while the primary suite features its own private "million-dollar view" deck. A separate entrance leads to a permitted ADU (permit ADU25-001), perfectly suited for multi-generational living or income potential. With effortless access to I-90 connecting Seattle and Bellevue, this turnkey project presents an exceptional opportunity for investors or custom home builders to break ground immediately on one of the area's premier view lots.