7915 240th Street SW, Edmonds, WA 98026

Courtesy of Windermere R.E. Shoreline

$2,495,000

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List Price
$2,495,000
Status
ACTIVE
Days on Market
10
MLS#
2564895
Subtype
Land
Style
40 - Res-Less thn 1 Ac
Lot Size
39,204
Acres
0.90
Subdivision
Lake Ballinger
Neighborhood
Lake Ballinger
MLS Area Major
Southwest Snohomish

Property Description

Exceptional development opportunity in Edmonds. Nearly one acre with LDR-M zoning supporting detached homes, townhomes, cottage housing, ADUs, duplexes, triplexes, and fourplexes. Subdividable and capable of yielding four building lots. Zoning may allow up to sixteen homes (buyer to verify). A similar sized lot adjacent to this site was recently developed, highlighting the feasibility of new construction in this 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 versatility for multiple 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 Park. Existing home on site. Primary value is in the land. Property sold as is. Buyer to verify all development potential, zoning, feasibility, and intended use.

Additional Information

Property Description
40 - Res-Less thn 1 Ac
School District
Mukilteo
View
Territorial
Based on information submitted to the MLS GRID as of . 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.
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