7915 240th Street SW, Edmonds, WA 98026
- $2,495,000
Listing courtesy of Windermere R.E. Shoreline.
- List Price
- $2,495,000
- Status
- ACTIVE
- MLS#
- 2564895
- Days on Market
- 16
- Lot Size (sq ft)
- 39,204
Property Description
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.
Additional Information
- Community
- Lake Ballinger
- Style
- 40 - Res-Less thn 1 Ac
- Zoning Jurisdiction
- City
- View
- Territorial
- Sewer
- On Property
- Tax Year
- 2026
- School District
- Mukilteo
- Potential Terms
- Cash, See Remarks
- Driving Directions
- From I-5, take Exit 177 (WA-104/Edmonds) west to Edmonds Way. Right on 76th Ave W, left on 238th Pl SW, left on 78th Ave W, then continue to 240th St SW to the property.
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.