$2,495,000

Private Wooded Oasis With Remarkable Development Possibilities

  • 2 Beds
  • 2 Baths
  • 3,241 Sqft
  • Updated: August 23
  • MLS#2572651

About the Property

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 flexibilit
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.
  • Property type

    House

  • Year built

    1955

  • Price/sqft

    $769

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7915 240th Street SW Edmonds WA 98026 USA, Washington, United States View on Google Maps
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JC Gagnaire

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JC Gagnaire
Washington, United States
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Windermere Real Estate
Windermere Real Estate
1151 Fairview Avenue North, 98109, Seattle, Washington, United States
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Windermere Real Estate is the largest regional real estate company in the Western U. S. with over 300 offices and 6
Windermere Real Estate is the largest regional real estate company in the Western U. S. with over 300 offices and 6,500 agents. We are a full-service company with agents who specialize in residential real estate, new construction, commercial real estate, relocation services, and property management. To further facilitate the home buying and selling process, Windermere also has affiliated partners that provide, mortgage, title, and escrow services. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation which funds services for low-income and homeless families. Since 1989, the Windermere Foundation hsa contributed more than $56 million toward lives in the communities where we live and work. For more information, visit [hidden information].
Last updated
August 23
First listed
Aug 23
Listing reference
8ef77b21-9de1-11f1-831f-6045bdd61ac4
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