$950,000
Est. $4,899/mo4 bd•1.75 ba•2,428 sq ft
16414 48th Avenue W, Edmonds, WA 98026
• Listed 2026-08-04•4 days on market
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Large corner lot zoned LDMR with significant development potential. Includes architectural plans, preliminary site plan, draft permit package, and supporting geotechnical and engineering reports for six proposed townhomes while retaining the existing residence. Existing rambler with daylight basement offers over 2,400 sq. ft. of living space, garage, workshop, and flexible layout. Convenient location with easy access to Hwy 99, amenities, and Meadowdale Beach Park. Exceptional opportunity for builders, developers, or investors seeking an infill housing project.
Listed by Adam E. Cobb • Windermere Real Estate GH LLC
Listing updated: August 5, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2564475
$972,000
+$22,000 over 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 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,584 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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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.
Edmonds 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 6 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026