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1 / 3Early Access · First Look
Listed by Lauren GeRoy • SPIRE ONE Realty.
EARLY ACCESS · FIRST LOOK

$599,950

Est. $3,297/mo

3 bd•1.75 ba•1,855 sq ft

8415 Madrona Lane, Edmonds, WA 98026

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Listing Broker: SPIRE ONE Realty; Lauren GeRoy; 206-778-3829; lauren@lghomesnw.com

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.

Property type
Single Family
Year built
1968
Interior
1,855 sq ft
Lot size
0.22 acres
Parking
3-car garage
Price / sq ft
$323
HeatingForced Air
CoolingNone
Property taxes$6,039.1/yr (est.)
School districtEdmonds

Listed by Lauren GeRoy • SPIRE ONE Realty

Listing updated: October 27, 2026 at 11:42am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2597879

Around this home

RexMont OfferEdge™

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8415 Madrona Lane, Edmonds, WA 98026

List price
$599,950
Down payment
$119,990

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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

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Skylight(s)
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Refrigerator
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 Story
  • 1,855 sq ft finished
  • 484 sq ft garage

Flooring

  • Ceramic Tile
  • Hardwood
  • Vinyl

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Edmonds School District

  • Sherwood ElemSw
    Public · Grades Elementary
    —
  • College Pl Mid
    Public · Grades Middle
    —
  • Edmonds Woodway High School
    Public · Grades 9-12 · State rank 90 of 396
    8/10

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Fruit Trees, Garden Space
Faces
South
Bus route
Various

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Gas
Water heater location
Garage
Power company
Snohomish County PUD
Water company
Olympic View
Sewer company
Olympic View
Gas company
Puget Sound Energy
Garbage service
Republic Services
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.

Members

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Sales & Tax Records for 8415 Madrona Lane

NWMLS via MLS Grid · Snohomish County Assessor

Every 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.

  1. Oct 27, 2026
    Listed
    NWMLS via MLS Grid · #2597879
    $599,950
    $323/sq ft

Down payment assistance

6 programs may be available to provide you with up to $29,998 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$3,950 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: 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%.

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Listing Broker: SPIRE ONE Realty; Lauren GeRoy; 206-778-3829; lauren@lghomesnw.com

Market pulse

Edmonds is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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 76 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $799,950 Sold

    2 days ago

    3 bd•2.25 ba•~2,230 sq ft•Single Family

    8821 221st Place SW, Edmonds, WA 98026

    0%

    Over list

    93

    Days on market

    0.8 mi

    Distance

  • $1,110,000 Sold

    5 days ago

    4 bd•2.75 ba•~2,222 sq ft•Single Family

    8014 222nd Street SW, Edmonds, WA 98026

    3%

    Under list

    76

    Days on market

    0.8 mi

    Distance

  • $1,010,621 Sold

    6 days ago

    3 bd•1 ba•~1,020 sq ft•Single Family

    8608 236th Street SW, Edmonds, WA 98026

    0%

    Over list

    —

    Days on market

    0.2 mi

    Distance

  • $925,000 Sold

    1 week ago

    5 bd•2.5 ba•~2,232 sq ft•Single Family

    23603 76th Place W, Edmonds, WA 98026

    5%

    Over list

    43

    Days on market

    0.5 mi

    Distance

  • $865,000 Sold

    2 weeks ago

    4 bd•2 ba•~2,693 sq ft•Single Family

    22118 78th Place W, Edmonds, WA 98026

    1%

    Under list

    48

    Days on market

    0.9 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market 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 28, 2026 at 6:05 PM 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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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