™by The Broker Team$2,299,000
Active1510 40th Street, Bellingham, WA 98229
Photos are on the wayWant a look sooner? Enrique can send photos or set up a video walkthrough.
REPORTED FEATURES
Why you might love it
YOUR SEARCH
Why it matched
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TAKE A CLOSER LOOK
Reasons to see it in person
- Listed Aug 20
- Feel the single-level layout in person
- Explore the layout of the 198,634 sq ft lot
YOUR NEXT CHAPTER
Be ready when you find the one
- ✓Search
- 2Narrow
- 3Pre-approval
- 4Tour
- 5Offer
You’re taking a closer look. A licensed loan officer can help you prepare for the next step.
Mortgage Lending Group · Company NMLS 1157983 · Enrique Pelayo Jr. NMLS 131435
THE FACTS
Home details
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Interior area
- 2,326 sq ft
- Levels
- One
- Flooring
- Concrete
- Appliances
- Dryer, Microwave, Stove(s)/Range(s), Washer
Other features
Exterior & lot
- Home type
- House
- Year built
- 1964
- Lot size
- 198,634 sq ft
- Exterior
- Wood
- View
- Bay, Islands, Ocean, Sea, See Remarks, Sound
Parking
- Parking spaces
- 10
- Parking features
- Driveway, Attached Garage, RV Parking
Systems
- Heating
- Ductless, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing, Wall Furnace
- Cooling
- Ductless, Heat Pump, High Efficiency (Unspecified)
- Water
- Public
- Sewer
- Septic Tank
Taxes & HOA
- Annual property tax
- $9,083 (2026)
- Monthly HOA
- $0
FROM THE LISTING
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. 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.
AROUND THE HOME
Nearby places
© OpenStreetMap contributors. Straight-line distances are estimates; routes and opening hours may differ.
MLS SCHOOL INFORMATION
Schools
Bellingham School District
Elementary: Happy Vly Elem
Middle: Fairhaven Mid
High: Sehome High
School assignments can change. Confirm with the district before you decide. No ratings or rankings are provided.
CURRENT CITY LISTINGS
Market snapshot
Bellingham
City-wide active listings in our approved IDX feed · 10/13/2026, 10:05:56 AM Pacific.
KEEP EXPLORING
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Built in 1964 · About 62 years old.