$2,495,000
 $13,394 est/mo Sourced by Back At You

7915 240th Street,Edmonds, WA 98026

Edmonds, WA 98026

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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.

Details

MLS #2564895
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site46
Listing Provided ByWindermere R.E. Shoreline | J.C. Gagnaire

Features

ZoningLDR-M
Acreage0.90
Property ViewYes

Taxes

Property7826

Area Information

StateWA
CountySnohomish
CityEdmonds
Zip Code98026
Area730 Southwest Snohomish
Community NameLake Ballinger
Listing VS Median (in Lake Ballinger)
Price:
$2,495,000
low | high
Med:
$750,000
100% of Average
On site:
46
low | high
Med:
113
40.70796460177% of Average
Sourced by Back At You

Market Activity 98026

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Based on information submitted to the MLS GRID as of September 21, 2026 at 3:39:05 AM PDT. 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.

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Learn More About This Property

StateWA
CountySnohomish
CityEdmonds
Zip Code98026
Area730 Southwest Snohomish
Community NameLake Ballinger
Listing VS Median (in Lake Ballinger)
Price:
$2,495,000
low | high
Med:
$750,000
100% of Average
On site:
46
low | high
Med:
113
40.70796460177% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.871M - $3.118M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
7915 240th Street Property Photo 1
$2,495,000
7915 240th Street
Edmonds, WA 98026
7903 240th Street Property Photo 1
$1,995,000
7903 240th Street
Edmonds, WA 98026
7905 240th Street Property Photo 1
$2,369,000
7905 240th Street
Edmonds, WA 98026
Listing Updated: August 21, 2026 at 11:57:14 AM PDT