All homes

$599,950

8415 Madrona Lane

Edmonds, WA 98026

Active
Territorial view

Beds

3

Baths

2

Sq Ft

1,855

Lot

0.22 ac

Year built

1968

Type

Residential

Days listed

5

MLS #

2597879

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.

Interior features

Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceSkylight(s)Water Heater

Exterior features

Wood

Appliances

DishwasherDisposalDryerRefrigeratorWasher

Schools

Elementary

Sherwood ElemSw

Middle

College Pl Mid

High

Edmonds Woodway High

Property details

Heating
Forced Air
Cooling
None
Flooring
Ceramic Tile, Hardwood, Vinyl
Parking
Driveway, Attached Garage, Detached Garage
View
Territorial
Lot
Paved
Water source
Public
Sewer
Sewer Connected
Levels
One
Fireplaces
1

Costs

Price / sq ft
$323
Annual taxes
$6,039 (2026)

Estimate your monthly payment

$3,537/mo

Principal & interest
$3,034
Property taxes
$503
Loan amount $479,960

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Edmonds, WA 98026

Approximate location. Contact us to confirm the exact address.

Listing courtesy of SPIRE ONE Realty— Lauren GeRoy.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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