1510 40th Street, Bellingham, WA 98229

$2,299,000

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Listing courtesy of Keller Williams Western Realty.

List Price
$2,299,000
Status
ACTIVE
MLS#
2576665
Days on Market
23
Lot Size (sq ft)
198,634

Property Description

Prime Bellingham Development Potential immediately adjacent to Samish Highlands. The property offers exceptional potential for the development of up to approximately 60 residential units, subject to subdivision, site planning, infrastructure capacity & City approval. Bellingham's expanded middle-housing regulations permit a much broader range of residential options than traditional single-family zoning previously allowed. The City defines "middle housing" as residential development that falls between a traditional detached single-family home and a larger apartment building. Permitted housing forms may include: Small-lot detached homes Cottage housing Accessory dwelling units Duplexes, triplexes and fourplexes Fiveplexes and sixplexes where qualifying conditions are met Townhomes Courtyard housing Stacked flats Keep the existing home while developing the site. The is a cool house but a work in progress. Value is in the land.

Additional Information

Community
Samish
Style
41 - Res-Over 1 Acre
Zoning Jurisdiction
City
Restrictions
No Restrictions
Features
Evergreens, Lightly Treed, Partially Cleared
View
Bay, Islands, Ocean, Sea, See Remarks, Sound
Sewer
Available, In Street
Tax Year
2026
School District
Bellingham
Elementary School
Happy Vly Elem
Middle School
Fairhaven Mid
High School
Sehome High
Potential Terms
Cash, Rehab Loan, See Remarks
Driving Directions
From the north exit 252 Samish Way. Go east up the hill (Elwood Ave). At the top take a right (south) on 40th St. Left on gravel driveway serving several homes. First branch on the right to subject.
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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Calculator source: Real Geeks