$2,299,000
 $12,342 est/mo Sourced by Back At You

1510 40th Street,Bellingham, WA 98229

Bellingham, WA 98229

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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. Value is in the land. 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.

Details

MLS #2571857
Listing TypeFor Sale
StyleHouse
Building NameChris Short Plat
Sub-TypeResale
StatusActive
Year1964
Days On Site15
Listing Provided ByKeller Williams Western Realty | Dan Pittsenbarger

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,326
Garage2
Story(s)1
ZoningRS2.0
Acreage4.56
Property ViewYes

Taxes

Property9083

Area Information

StateWA
CountyWhatcom
CityBellingham
Zip Code98229
Area860 Bellingham
Community NameSamish
School DistrictSehome High
Elementary SchoolHappy Vly Elem
High SchoolSehome High
Listing VS Median (in Samish)
Price:
$2,299,000
low | high
Med:
$925,000
100% of Average
sqft:
2,326
low | high
Med:
2,230
54.127257093723% of Average
$ / sqft:
$988
low | high
Med:
$415
100% of Average
On site:
15
low | high
Med:
43
34.883720930233% of Average
Sourced by Back At You

Market Activity 98229

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Learn More About This Property

StateWA
CountyWhatcom
CityBellingham
Zip Code98229
Area860 Bellingham
Community NameSamish
School DistrictSehome High
Elementary SchoolHappy Vly Elem
High SchoolSehome High
Listing VS Median (in Samish)
Price:
$2,299,000
low | high
Med:
$925,000
100% of Average
sqft:
2,326
low | high
Med:
2,230
54.127257093723% of Average
$ / sqft:
$988
low | high
Med:
$415
100% of Average
On site:
15
low | high
Med:
43
34.883720930233% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.724M - $2.873M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1910 40th Street Property Photo 1
$1,255,000
1910 40th Street
Bellingham, WA 98229
Listing Updated: September 2, 2026 at 9:42:54 AM PDT