$599,950
Est. $3,297/mo3 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.
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
How much should you offer?
8415 Madrona Lane, 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
- 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 SchoolDiggerEdmonds School District
- Sherwood ElemSwPublic · Grades Elementary—
- College Pl MidPublic · Grades Middle—
- Edmonds Woodway High SchoolPublic · Grades 9-12 · State rank 90 of 3968/10
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.
Opens with the report above.
Sales & Tax Records for 8415 Madrona Lane
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 27, 2026ListedNWMLS 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 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: 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.
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.
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 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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