$2,299,000

3 Beds 3 Baths 2,326 SQFT 4.56 Acres
Type: Single Family

1510 40th Street
Bellingham, WA 98229

MLS#: 2571857
Presented by: Keller Williams Western Realty and NWMLS

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. 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.


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Possible3
Bedrooms Upper0
Main Level Bedrooms3
Total Bedrooms3

Bathrooms

3/4 Baths1
Bathrooms2.75
Baths Full Garage0
Baths Full Lower0
Baths Full Main2
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main1
Baths Three Quarter Upper0
Half Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NYes
BasementNone
Fireplace FeaturesWood Burning
Fireplace Y/NYes
Fireplaces Main1
FlooringConcrete
Heating Y/NYes
Interior AmenitiesBath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Power Production TypeElectric, Wood
Total Fireplaces1
Water Heater LocationLaundry Room
Water Heater TypeElectric Tankless

General

AppliancesDryer, Microwave, Stove(s)/Range(s), Washer
Architectural StyleContemporary
Attached Garage Yes
Building Area Units0 sqft
Building NameChris Short Plat
Carport Y/NNo
CityBellingham
CoolingDuctless, Heat Pump, High Efficiency (Unspecified)
CountyWhatcom
DirectionsFrom 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.
Elementary SchoolHappy Vly Elem
Entry LocationMain
Facing DirectionWest
Full Baths2
Garage Y/NYes
HOANo
HOA Fee$0
HeatingDuctless, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing, Wall Furnace
High SchoolSehome High
High School DistrictBellingham
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Rehab Loan, See Remarks
Living Area2,326 sqft
Lot Size Square Feet198,634 sqft
Lot Size UnitsSquare Feet
MLS Area860 - Bellingham
Middle/Junior High SchoolFairhaven Mid
NWM_ShowMapLinkY
New ConstructionNo
PossessionClosing
Property ConditionUnder Construction
Property Style10 - 1 Story
Property SubtypeSingle Family Residence
Property TypeResidential
Public RemarksA rare South Bellingham development opportunity! This 4.56-acre property offers exceptional potential for up to 60 residential units under Bellinghams expanded middle-housing regulations. The elevate
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameSamish
Tax Annual Amount$9,083
Tax Year2026
TopographyLevel, Partial Slope, Sloped, Terraces
ViewBay, Islands, Ocean, Sea, See Remarks, Sound
Water CompanyCity of Bellingham
Year Built1964

Exterior

Building Area Total2,326 sqft
Covered Spaces2
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
InclusionsDryer(s), Microwave(s), Stove(s)/Range(s), Washer(s)
Irrigation Water Rights Y/NNo
Lot Dimensions308X644
Lot FeaturesValue In Land
Lot Number1
Lot Size Acres4.56
Parking FeaturesDriveway, Attached Garage, RV Parking
Parking Uncovered Total8
Site FeaturesCable TV, High Speed Internet, RV Parking
Total Parking10
VegetationGarden Space, Wooded
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Fairhaven Mid
Elementary School Happy Vly Elem
High School Sehome High

  

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$2,299,000

3 Beds 3 Baths 2,326 SQFT 4.56 Acres
Type: Single Family

1510 40th Street
Bellingham, WA 98229

MLS#: 2571857