7915 240th ST SW, Edmonds, WA 98026
7915 240th ST SW, Edmonds, WA 98026
7915 240th ST SW, Edmonds, WA 98026
7915 240th ST SW, Edmonds, WA 98026
7915 240th ST SW, Edmonds, WA 98026
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Nicole Aleshchenko

Nicole Aleshchenko

+1(206) 412-1930
Listed by:Windermere R.E. Shoreline • J.C. Gagnaire
$ 2,495,000
Est. payment | /mo

0.9 Acres Lot

Save
$ 2,495,000
Est. payment | /mo
Save

0.9 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Lake Ballinger

MLS Listing ID 2564895

Style 40 - Res-Less thn 1 Ac

Annual Tax Amount $7,826

Lot Size 0.900 Acres

Property Sub-Type Land

Property Description

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.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N Yes

View Territorial

Building

Lot Description Paved, Secluded

Sewer On Property

Water On Property

Schools

School District Mukilteo

Others

Senior Community No

Acceptable Financing Cash, See Remarks

Listing Terms Cash, See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Nicole Aleshchenko

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 412-1930

nicole@teamnsrg.com

1400 112th Ave SE, Suite 100, Bellevue, WA 98004, United States

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7915 240th ST SW