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JRJeff ReynoldsCompass · Seattle

7915 240th Street SW, Edmonds, WA 98026

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Active

Listed by J.C. Gagnaire, Windermere R.E. Shoreline

Active0 days on market

$2,495,000

7915 240th Street SW, Edmonds, WA 98026

Edmonds, WA, 98026

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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.

Directions

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

  1. 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.

Similar nearby listings

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.