$1,065,000
Est. $5,346/mo4 bd•1 ba•2,428 sq ft
16414 48th Avenue W, Edmonds, WA 98026
• Listed 2026-06-26•New today
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Based on information submitted to the MLS GRID as of July 3, 2026 at 11:05am (date and time MLS GRID Data was obtained). 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.
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Builder & investor alert. Set on a sprawling corner lot zoned LDMR, this property offers a rare blend of immediate livability, future development potential, and the kind of outdoor space that's increasingly hard to find. Offered with architectural plans, preliminary site plan, draft permit package, and supporting geotechnical and engineering reports for six proposed townhomes while retaining the existing residence, the groundwork has already been laid for a compelling infill opportunity. In the meantime, the existing rambler with daylight basement provides more than 2,400 square feet of versatile living space. Light-filled interiors feature hardwood floors, generous living and dining areas, a spacious & updated kitchen with 6-burner gas range and flexible lower-level spaces ideal for a home office, recreation room, workshop, or additional storage. Primary suite opens directly to an expansive deck overlooking the property's lush, park-like setting. Roaming backyard with raised garden beds, open lawn areas, outbuildings, and abundant room for gardening and play. Whether you're a builder evaluating the site's development potential, an investor seeking a project with strong upside, or a buyer looking for space to cultivate gardens and enjoy a more self-sufficient lifestyle, this property offers uncommon flexibility. Easy access to Highway 99, shopping, dining, and Meadowdale Beach Park. Offers immediate enjoyment and long-term potential.
Listed by Adam E. Cobb • Windermere Real Estate GH LLC
Listing updated: July 3, 2026 at 11:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2546745
Open houses
2 datesNearby open houses (8)
See more →$972,000
-$93,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $610K and $870K.
Rental earnings
$2,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$610,000Last sold price
16212 48th Avenue W #8, Edmonds, WA 98026
$870,000Last sold price
22024 88th Avenue W, Edmonds, WA 98026
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
16414 48th Avenue W, Edmonds, WA 98026
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$6,059 per month
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Open Sun, Jul 5
Open Sun, Jul 5
Open Sun, Jul 5Open Sun, Jul 5Open Sun, Jul 5Edmonds is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Edmonds School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
