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Provided by NWMLS, Listed by J.C. Gagnaire, 206-546-5731 at Windermere R.E. Shoreline
2 Beds
2 Baths
3,241 sqft

$2,495,000

7915 240th Street SW, Edmonds WA, 98026

Price per sqft$769.82
Built in1955
Property size3,241 sqft
Property typeResidential

Overview

Active

Listed Aug 6, 2026

Updated 4 weeks ago

Exceptional opportunity in Edmonds offering nearly one private, wooded acre with mature trees, an existing two story home, and compelling development possibilities. LDR-M zoning supports a range of housing types, including detached homes, townhomes, cottage housing, ADUs, duplexes, triplexes, and fourplexes, with development possibilities of up to sixteen homes. The existing home offers flexibility for continued residential use, while the lower level provides an opportunity for additional living space or future rental income with further improvements. A similar sized lot adjacent to the property was recently developed, demonstrating the variety of residential development occurring in the immediate area. All utilities, including water, sewer, and electricity, are on site. Generous dimensions with approximately 127 feet of frontage and 310 feet of depth provide flexibility for a variety of site plans. Ideally positioned near the King and Snohomish County line with quick access to Highway 99 and I 5. Close to schools, shopping, dining, multiple golf courses, the Interurban Trail, Mathay Ballinger Park, and Lake Ballinger. A rare combination of privacy, existing residential use, income possibilities, and long term development opportunity. Buyer to verify all development potential, zoning, feasibility, rental use, and intended use.

$16,599/mo

Est. mortgage payment based on a $2,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2572651

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.9 Acres

Other Property Details

Taxes
$7,826
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by J.C. Gagnaire, 206-546-5731 at Windermere R.E. Shoreline

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/20/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/20/2026 at 5:18 PM UTC . 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.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 9/20/2026 at 5:18 PM UTC 

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