7915 240th Street SW, Edmonds, WA 98026
Listed by J.C. Gagnaire, Windermere R.E. Shoreline
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 39,204 sq ft
- Lot
- 0
- Days on market
About this property
Exceptional development opportunity in Edmonds. Nearly one acre with LDR-M zoning supporting detached homes, townhomes, cottage housing, ADUs, duplexes, triplexes, and fourplexes. Subdividable and capable of yielding four building lots. Zoning may allow up to sixteen homes (buyer to verify). A similar sized lot adjacent to this site was recently developed, highlighting the feasibility of new construction in this 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 versatility for multiple 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 Park. Existing home on site. Primary value is in the land. Property sold as is. Buyer to verify all development potential, zoning, feasibility, and intended use.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2564895
- Listed
- August 6, 2026
- Days on market
- 0
Views
- View
- Territorial
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Lot
- Lot features
- PavedSecluded
- Lot size
- 39,204 sq ft
Terms
- Terms offered
- Cash
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- On Property
- Sewer
- On Property
Schools
- District
- Mukilteo
Listing history
Listed
$2,495,000
August 6, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$14,529
- Principal & interest
- $12,616
- Property tax (est.)
- $1,913
Assumes $499,000 down (20%), a $1,996,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 6, 2026 at 1:00 PM 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.