$2,299,000
1510 40th Street
Bellingham, WA 98229
Beds
3
Baths
3
Sq Ft
2,326
Lot
4.56 ac
Year built
1964
Type
Residential
Days listed
—
MLS #
2571857
About this home
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.
Interior features
Exterior features
Appliances
Schools
Elementary
Happy Vly Elem
Middle
Fairhaven Mid
High
Sehome High
Property details
- Heating
- Ductless, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing, Wall Furnace
- Cooling
- Ductless, Heat Pump, High Efficiency (Unspecified)
- Flooring
- Concrete
- Parking
- Driveway, Attached Garage, RV Parking
- View
- Bay, Islands, Ocean, Sea, See Remarks, Sound
- Lot
- Value In Land
- Water source
- Public
- Sewer
- Septic Tank
- Style
- Contemporary
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $988
- Annual taxes
- $9,083 (2026)
Estimate your monthly payment
$12,382/mo
- Principal & interest
- $11,625
- Property taxes
- $757
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Bellingham, WA 98229
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Keller Williams Western Realty— Dan Pittsenbarger.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.