Active · Land

5887 Cedar Street , Ferndale, WA 98248

Ferndale, WA 98248

$350,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by RE/MAX Whatcom County, Inc. · MLS #2548858 · Active

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About this property

Prime RM1.5 high density multifamily site offering exceptional development potential in the heart of Ferndale. Zoning supports 15+ units per acre with building heights up to 55 ft, plus this lot has the unique benefit of reduced 3' side setbacks on the north and south lot lines to maximize buildable area. Current concept plan features a 12-unit townhome community with a mix of 2 & 3 bedroom layouts, each designed with 2-car garages. Large, level, and cleared 16,553 sqft lot with 92 ft of street frontage. All prior foundations and structures have been fully demo'd and utilities capped at the street. Extensive feasibility completed, including proposed site plan, building & utilities, elevations & landscape plans. Surrounded by several newly completed multifamily projects, this location has already proven itself as a profitable development corridor. Property may qualify for the City of Ferndale’s Property Tax Exemption program—a compelling advantage for investors and builders. Buyer to verify all development details with the City of Ferndale. Outside the flood zone.

Property details

Property type: Land
Lot size: 16,553 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $2,338 (2025)
School district: Ferndale

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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