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Listed by: J.C. Gagnaire (206) 769-5671 | Windermere R.E. Shoreline (206) 546-5731
$2,495,000
Monthly Est:$12,419
2 Beds
- 2 Baths
1 full bath
2,626sqft
7915 240Th St Sw, Edmonds, WA 98026
$2,495,000
$12,419/moEst:
Get Pre-Approved
Single Family Residence
Built in 1955
$-- HOA
39,204 sqft lot
$950/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 1:08 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2572651

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1955
HOA Fees
-
Finished Area
2,626 sqft
Lot Size
39,204 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2572651
MLS Status
Active
Days on Market
58
Cumulative Days on Market
57

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Bedroom
Level: Main
Bedroom
Level: Main
Bathroom Full
Level: Main
Bathroom Three Quarter
Level: Lower
Interior
Exterior Features
Brick, Wood Products
Heating
See Remarks
Sewer
Sewer Connected
Cooling
None
Flooring
Vinyl, Carpet
Interior Features
Fireplace
Appliances
Dishwasher, Dryer, Refrigerator, Stove(s)/range(s), Washer
Construction
Year Built
Year Built: 1955
Home type
Single Family Residence
Construction Materials
Brick, Wood
Foundation Details
Block
Roof
Composition
Utilities & Energy
Water Source
Public
Parking Features
Driveway, Attached Garage
Basement
Daylight
Security Features
Fully Fenced
Fireplace Features
Wood Burning
Other Features
Lot Features
Paved, Secluded
Vegetation
Wooded
Subdivision Name
Lake Ballinger
Price History
| Date | Event | Price |
|---|---|---|
08/21/2026 Source: | Listed for Sale | $2,495,000 $950/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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