771 Edmonds Way, Edmonds, WA, 98020
About This Home
Completely remodeled in 2024 with high end finishes and attention to every detail. This spacious rambler offers ease of living with expansive space to gather. Four bedrooms and two bathrooms, with option to create additional income or multifamily living with the ensuite primary room becoming a studio apartment, or rent out the larger side with 3 bedrooms, huge kitchen, dining, and living room. The park like setting creates a peaceful backdrop of quiet and privacy while remaining close to all the best of Edmonds. Walkable to some of the best coffee shops, restaurants, grocery stores, and shopping. This is a double lot zoned for residential living with multiple dwellings per lot and/or Planned Business BP designation, offering broad versatility for property owners, developers, or investors: Commercial Uses: You can establish professional offices, retail storefronts, or other small-scale neighborhood businesses.Residential Uses: The zoning legally permits single-family homes as well as multi-family development. Expanded Site Features: The layout supports commercial-scale options, such as using the double lot space to build larger detached shops, accessory dwelling units (DADUs), or an extensive parking layout. Buyer to conduct their own due diligence. Currently fully rented as a vacation rental property and business. Only serious buyers, investors, and developer inquiries. No viewings until September 2026. Please do not disturb tenants.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1961
Materials
- Construction materials: Wood
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Washer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Flooring: Laminate
Heating
- Heating features: Wall Furnace,Natural Gas
Interior Area
- Total structure area: 1,936
- Total interior livable area: 1,936 sqft
Property
Details
- Parcel number: 00389900000100
Features
- Stories: 1
Lot
- Lot size: 0.36 Acres
Parking
- Total spaces: 15
- Parking features: Off-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Ice Storm
- Landslide
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Snohomish County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,930 | $59,160 |
| Home Insurance * | $146 | $1,752 |
| Property Taxes | $549 | $6,588 |
| Electricity | $149 | $1,793 |
| Total | $5,774 | $69,288 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-04 | Listed for sale | $975,000 |
| 2021-04-30 | Sold | $545,700 |
| 2020-09-19 | Listing removed | $579,000 |
| 2020-03-25 | Listed for sale | $579,000 |
| 2018-04-13 | Sold | $460,000 |
| 2017-10-18 | Sold | $460,000 |
| 2017-09-17 | Pending sale | $425,000 |
| 2017-09-14 | Listed for sale | $425,000 |
View on Zillow