Skip to content
JRJeff ReynoldsCompass · Seattle
Photo Unavailable
Active

Listed by Rod L. Koon, John L. Scott Everett

4
Bedrooms
4
Bathrooms
3,171
Square feet
$788
Per sq ft
Single Family Residence
Type
2015
Year built
30,008 sq ft
Lot
0
Days on market

About this property

An extraordinary opportunity to acquire a dual-lot waterfront estate on Martha Lake, featuring a custom rambler and an additional building lot along 100’ of coveted low-bank bulkhead shoreline on the sunny east shore. Together, these parcels create a once-in-a-lifetime chance to design the ultimate multi-home compound. Explore options to adjust boundaries for multiple waterfront lots, build a second residence, develop a duplex, or add multiple DADUs for exceptional rental income—the combinations are endless. The existing custom single-level home, built in 2015, was crafted for refined lakefront living, with an expansive great room that opens to a grand covered outdoor living space overlooking the water and private dock. Rich natural materials—Acacia hardwood flooring, cherry cabinetry, Hemlock-wrapped windows, and solid VG fir doors—bring timeless warmth throughout. The upgraded chef’s kitchen features an oversized island, premium appliances, and a striking solid-pane glass backsplash. The lake-view primary suite offers a serene retreat. A detached 703 sq. ft. flex unit, currently a stylish 1-bed/¾-bath apartment, adds versatility for guests, multi-generational living, or rental income. A truly unique dual-lot offering with unmatched potential to create your dream waterfront estate.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2587116
Listed
September 24, 2026
Days on market
0
Price per sq ft
$788

Unit & building

Building
Martha Lake East Shores
Unit levels
One

Parking

Parking
DrivewayAttached Garage
Covered spaces
2
Total spaces
8

Views

View
LakeMountains

Construction

Year built
2015
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
90%+ High EfficiencyForced AirHeat Pump
Cooling
Forced AirHeat Pump
Energy source
Natural Gas

Interior features

Features
Bath Off PrimaryBuilt-In VacuumCeiling Fan(s)Dbl Pane/Storm WindowFireplaceHigh Tech CablingPantryVaulted Ceiling(s)Walk-In Closet(s)Water HeaterWine/Beverage Refrigerator
Fireplaces
1
Fireplace type
Gas

Flooring

Flooring
Ceramic TileHardwoodCarpet

Appliances

Appliances
DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Tankless Water HeaterWasher

Community & building features

Bus line nearby
Yes

Lot

Lot features
Paved
Lot size
30,008 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
AWWD
Sewer
AWWD
Power
PUD

Schools

District
Edmonds
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • Attached Garage
  • Lake
  • Mountains
  • House
  • Composition
  • 90%+ High Efficiency
  • Forced Air
  • Heat Pump
  • Natural Gas
  • Bath Off Primary

Listing history

  1. Listed

    $2,499,992

    September 24, 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

$14,558

Principal & interest
$12,641
Property tax (est.)
$1,917

Assumes $499,998 down (20%), a $1,999,994 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 September 24, 2026 at 9:30 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.