$2,250,000
Est. $12,463/mo2 bd•1.75 ba•2,626 sq ft
7915 240th Street SW, Edmonds, WA 98026
• Listed Oct 13, 2026•3 days active · 3 cumulative
Listing Broker: Windermere R.E. Shoreline; J.C. Gagnaire; 206-769-5671; jc@jcgagnaire.com
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Listing Broker: Windermere R.E. Shoreline; J.C. Gagnaire; 206-769-5671; jc@jcgagnaire.com
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.
Listed by J.C. Gagnaire • Windermere R.E. Shoreline
Listing updated: October 14, 2026 at 12:10pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2593931
Around this home
How much should you offer?
7915 240th Street SW, Edmonds, WA 98026
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Fireplace
- Fireplace (wood burning)
- Daylight basement
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 2,626 sq ft finished, 615 sq ft unfinished
Flooring
- Vinyl
- Carpet
Heating & cooling
- See Remarks heating
- None cooling
Schools
Ratings via SchoolDigger- Madrona K-8 SchoolPublic · Grades PK-8 · 0.8 mi · State rank 176 of 1,1388/10
- Albert Einstein Middle SchoolPublic · Grades 6-8 · 1.4 mi · State rank 92 of 5148/10
- Scriber Lake High SchoolPublic · Grades 9-12 · 1.4 mi · State rank 299 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Partial Slope
- Vegetation
- Wooded
- Zoning code
- LDR-M
- Zoning jurisdiction
- City
- Faces
- South
Systems
- Energy source
- Electric
- Power production
- Electric
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 2
- Fireplaces on main
- 1
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 7915 240th Street SW
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 14, 2026Price raisedNWMLS via MLS Grid · #2593931$2,250,000$857/sq ft
- Oct 14, 2026Price raisedNWMLS via MLS Grid · #2593932$2,250,000$857/sq ft
- Oct 13, 2026ListedNWMLS via MLS Grid · #2593931$2,250,000$857/sq ft
- Oct 13, 2026ListedNWMLS via MLS Grid · #2593932$2,250,000$857/sq ft
Mortgage payment forecast
$13,678 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere R.E. Shoreline; J.C. Gagnaire; 206-769-5671; jc@jcgagnaire.com
Market pulse
Edmonds is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 64 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 16, 2026 at 11:48 AM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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