8415 Madrona Lane · Edmonds, WA 98026
Source: NWMLS · SPIRE ONE Realty · Lauren GeRoy #NWM2597879
About this home
Attention investors, flippers & builders! Full of prime potential on a shy 1/4 acre lot in a serene yet central neighborhood of Edmonds, opportunity abounds in this single-level fixer! Imagine the development possibilities for a lot of this size (zoned RS8) - bring your creativity & your tool belt to make your ideas a reality. The existing home (sold as-is) has great potential to be reimagined into something fresh & modern: a highly desirable single-level floor plan includes inviting living areas, hardwood floors, 3 bedrooms, 1.75 baths, a huge bonus room & a double-sided wood-burning fireplace for the living and family rooms. An attached 2-car garage plus a detached 1-car garage or shop space add additional flexibility. Established connections to all utilities (including gas) are already in place so the sky truly is the limit here! Opportunities like this don't come along often, especially in such a sought-after location for homeowners who want to live close to it all. Beloved downtown Edmonds, Lake Ballinger recreation, top-notch schools, light rail in Mountlake Terrace & all the modern conveniences are minutes away, adding extra value as southern Snohomish County continues to blossom & grow. Cash, hard money or rehab loans only.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story
- Stories
- 1 story
- Condition
- Fixer
- Year built
- 1968
- Lot size
- 9,583 sq ft (0.22 acres)
- County
- Snohomish
- MLS #
- NWM2597879
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Ceramic Tile, Hardwood, Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Torch Down
- Foundation
- Poured Concrete
- Lot features
- Paved
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 3
- Garage
- Yes (attached)
- Covered spaces
- 3
- Parking features
- Driveway, Attached Garage, Detached Garage
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Natural Gas
Community & fees
- Subdivision
- Edmonds
- Property tax
- $6,039 (2026)
Transaction
- Price per sq ft
- $323
- Listing terms
- Cash, Rehab Loan, See Remarks
- Possession
- Closing
More homes nearby
Schools
School district: Edmonds
- Elementary
- Sherwood ElemSw
- Middle
- College Pl Mid
- High
- Edmonds Woodway High SchoolSchoolDigger 4 stars · Top 22% in WA

Listing provided courtesy of: SPIRE ONE Realty
Listing agent: Lauren GeRoy.
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 2026-11-03.