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.
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
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.
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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.