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Kelly Gatz

kelly@gatzhomes.com +1(425) 954-7190

Listed by:Keller Williams Western Realty • Dan Pittsenbarger

$ 2,299,000

Est. payment -/mo

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1510 40th ST Bellingham, WA 98229

3 Beds

2.75 Baths

2,326 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,326 sqft

Price per Sqft $988

Subdivision Samish

MLS Listing ID 2571857

Style 10 - 1 Story

Bedrooms 3

Full Baths 2

Year Built 1964

Annual Tax Amount $9,083

Lot Size 4.560 Acres

Lot Dimensions 308X644

Property Sub-Type Single Family Residence

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. 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.

Location

State WA

County Whatcom

Area 860 - Bellingham

Rooms

Basement None

Main Level Bedrooms 3

Interior

Interior Features Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater

Flooring Concrete

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Appliance Dryer, Microwave, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood

Amenities Available Cable TV, High Speed Internet, RV Parking

View Y/N Yes

View Bay, Islands, Ocean, Sea, See Remarks, Sound

Roof Type Composition

Garage Yes

Building

Lot Description Value In Land

Story One

Sewer Septic Tank

Water Public

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Happy Vly Elem

Middle Schools Fairhaven Mid

High Schools Sehome High

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash, Rehab Loan, See Remarks

Listing Terms Cash, Rehab Loan, See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Austen & Kelly Gatz

Broker

+1(425) 954-7190 | info@gatzhomes.com

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