Listed By:
Windermere R.E. Shoreline and NWMLS
Address
7915 240th Street Sw, Edmonds, WA
Price
$ 2,495,000
Property Attributes
  • ID#2572651
  • TypeSingle Family
  • CountySNOHOMISH
  • CityEdmonds
  • AreaSouthwest Snohomish
  • NeighborhoodLake Ballinger
  • Zip98026
  • Style1 Story w/Bsmnt.
  • Year Built1955
  • Taxes$ 7826
  • Price$ 2,495,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2626
  • Lot Size0.9 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
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.

Price History
8/21/2026 Listed $2,495,000

General Features

Living Area 2626
Sewer Sewer Connected
Heating See Remarks
Cooling None
Possession Negotiable
Roof Composition
Appliances Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer
Security Features Fully Fenced
Year Built 1955
View Territorial
Topography Partial Slope
Levels One
Property Subtype Single Family Residence
Tax Year 2026
County Snohomish
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Lake Ballinger
Garage Y/N Yes
Full Baths 1
Special Listing Conditions None
Status Active
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.
City Edmonds
Senior Community Y/N No
High School District Mukilteo
MLS Area 730 - Southwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 39204
Carport Y/N No
Listing Terms Cash,See Remarks
Land Lease Y/N No
Tax Annual Amount 7826
Public Remarks 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 hous
Structure Type House
Building Area Units Square Feet
Standard Status Active
Property Style 16 - 1 Story w/Bsmnt.
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Fireplace
Basement Daylight
Flooring Vinyl,Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
3/4 Baths 1
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
Fireplaces Main 1
Power Production Type Electric
Baths Three Quarter Lower 1
Baths Full Main 1
Bathrooms 1.75

Exterior Features

Exterior Amenities Brick,Wood Products
Vegetation Wooded
Parking Features Driveway,Attached Garage
Lot Features Paved,Secluded
Water Source Public
Total Parking 1
Inclusions Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Block
Building Area Total 3241
Lot Size Acres 0.9
Waterfront Y/N No
Covered Spaces 1
Irrigation Water Rights Y/N No
Site Features Fenced-Fully

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98026

Price
AVG $1.24M
$2.5M
Taxes
AVG $7,625
$7,826
Year Built
AVG 1990
1955
Visits
AVG 243
12
Data Provided by Inside Real Estate®

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