7915 240th Street SW · Edmonds, WA 98026
Source: NWMLS · Windermere R.E. Shoreline · J.C. Gagnaire #NWM2572651
About this home
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.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Year built
- 1955
- Building area
- 3,241 sq ft
- Lot size
- 39,204 sq ft (0.9 acres)
- County
- Snohomish
- MLS #
- NWM2572651
Interior
- Heating
- See Remarks
- Cooling
- None
- Flooring
- Vinyl, Carpet
- Appliances
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Fireplace
Exterior & lot
- Exterior features
- Brick, Wood Products
- Roof
- Composition
- Foundation
- Block
- Lot features
- Paved, Secluded
- Topography
- Partial Slope
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 1
- Garage
- Yes (attached)
- Covered spaces
- 1
- Parking features
- Driveway, Attached Garage
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Lake Ballinger
- Property tax
- $7,826 (2026)
Transaction
- Listed on
- Aug 6, 2026
- Days on market
- 45
- Price per sq ft
- $950
- Listing terms
- Cash, See Remarks
- Possession
- Negotiable
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-08-06
- Active$2,495,000
Schools
School district: Mukilteo
- High
- Edmonds Woodway High SchoolSchoolDigger 4 stars · Top 22% in WA

Listing provided courtesy of: Windermere R.E. Shoreline
Listing agent: J.C. Gagnaire.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-22.