For sale Home

Listed Oct 13, 2026

$2,250,000 Est. $14,882/mo

7915 240th Street Southwest

  • 2

    Beds

  • 2

    Baths

  • 2,626

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1955

Lot size

1 acres

Price per sq ft

$857

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Appliances

    Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer

  • Flooring

    Vinyl, Carpet

  • Roof

    Composition

  • Lot Information

    Paved, Secluded

  • Exterior

    Brick, Wood Products

  • Water Source

    Public

  • Sewer

    Sewer Connected

Mortgage calculator

Estimated monthly payment

$14,882 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $11,975
  • Property tax $2,250
  • Insurance $656

Includes principal, interest, taxes & insurance.

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Listing Broker

Windermere R.E. Shoreline

Broker Name

Windermere R.E. Shoreline

Agent

J.C. Gagnaire