1510 40th Street, Bellingham, WA 98229

Courtesy of Keller Williams Western Realty

$2,299,000
3
BD
3
BA
2,326
SqFt

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List Price
$2,299,000
Status
ACTIVE
Days on Market
0
Price Change
▲ $1,000,000 1787275425
MLS#
2571857
Subtype
Residential
Style
10 - 1 Story
Year Built
1964
Bedrooms
3
Bathrooms
3
Living Area
2,326
Lot Size
198,634
Acres
4.56
Subdivision
Samish
Neighborhood
Samish
Building Name
Chris Short Plat
MLS Area Major
Bellingham

Property Description

A rare South Bellingham development opportunity! This 4.56-acre property offers exceptional potential for up to 60 residential units under Bellingham’s expanded middle-housing regulations. The elevated upper portion of the property—where the existing home is situated—provides potential views of Puget Sound & the San Juan Islands. The spacious 3-bedroom, 2.75-bath home features an open floor plan, dramatic vaulted ceilings throughout the common areas & bedrooms. Floor-to-ceiling windows that fill the interior with natural light. A mini-split provides efficient heating & cooling, while the freestanding wood stove offers secondary heat and inviting ambience. Additional features include a tankless water heater and flexible possibilities for continued residential use, phased development or a larger housing project. Located on Bellingham’s desirable south side, immediately adjacent to the prestigious Samish Crest Highlands neighborhood and convenient to Lake Padden’s trails, golf course, swimming, fishing, dog park, sports courts and other recreational amenities. The seller is willing to work with a buyer who wants to subdivide and purchase a portion of the property at an agreed upon reduced price for construction of one or more homes, w/the buyer responsible for subdivision and related costs. Buyer to verify development & unit potential, subdivision feasibility and all associated requirements with the City of Bellingham.

Additional Information

Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Exterior Features
Wood
Property Description
10 - 1 Story
Flooring
Concrete
Heating
Ductless, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing, Wall Furnace
Air Conditioning
Ductless, Heat Pump, High Efficiency (Unspecified)
Levels
One
Roof
Composition
Parking Features
Driveway, Attached Garage, RV Parking
School District
Bellingham
Elementary School
Happy Vly Elem
Middle School
Fairhaven Mid
High School
Sehome High
View
Bay, Islands, Ocean, Sea, See Remarks, Sound
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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