Attention builders! Beautiful, subdividable 18,731 square foot (.43 acre) lot just a few blocks from Alderwood Mall! Mostly level, park-like property includes a 1926 2,470 square foot home, but the value is in the land. New construction in the immediate area has sold up to $2M and closed sales above $1.5M have averaged $540 per square foot in 2024! New construction project immediately next door. Quality Edmonds School District, 73 walk score near all shopping services and fabulous commuter location with easy access to future light rail, I-405 and I-5 corridors. Don’t miss the opportunity for an excellent two lot project or large custom homesite in a tremendous location!