New construction

1655 Main Street, Ferndale, WA 98248

Ferndale, WA 98248 · Ferndale
— bd— ba— sqft1.41 ac lotBuilt 2024Multi-family
$16,350,000 — / sqft · Cumulative Days Active: 615 Estimate your monthly payment ↓
Multi-family, Ferndale Listing by Pacific Continental Realty LLC 1 / 9
Price / sqft—
Lot1.41 acres
Year built2024
TypeMulti-family
HOANone
Cumulative Days Active615

About this home

New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.

NWMLS logoListing courtesy of the Northwest Multiple Listing Service (NWMLS).

New construction
Listed Feb 2, 2026MLS# 2475761

Facts & features

2024Year built
1.41 acLot
Interior
FlooringVinyl Plank
Building
TypeMulti-family
Year built2024
RoofComposition, Metal
Lot & exterior
Lot size1.41 acres (61,568 sqft)
WaterfrontNo
ZoningMulti-Family
Utilities
HeatingElectric
SewerSewer Connected
HOA & taxes
HOA duesNone
Interior features
Exterior & lot
Cement Planked

Monthly payment

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Payment estimate calculated by irenakolbert.com from the assumptions below — not part of the NWMLS listing data. A lender will confirm actual figures.

Loan term
Down payment$20%
Interest rate%
Est. total / month$95,72830-year fixed · 6.5%
P&I $82,674Taxes $12,944Insurance $110
Plus ~$490,500 closing costs (est. 3%), paid once at closing. Get pre-approval guidance →
Estimate only, using the down payment, interest rate, and loan term set above. The APR, which includes loan costs, may be higher than the rate. Includes estimated property tax (~0.95%), insurance (~$110/mo), and any HOA dues. Not an offer of credit — a lender will confirm actual terms.

Price history

DateEventPrice Feb 2, 2026Listed for sale $16,350,000

Tax history

YearAssessed valueProperty tax
Source: Whatcom County Assessor. Assessed value is not a market value.

Schools

School assignments come from the listing data provided by NWMLS. They're based on address and can change — verify with the district before relying on them.
Downtown Bellingham14 min
WWU15 min
St. Joseph Hospital13 min
Peace Arch border22 min

Drive times are straight-line estimates calculated by irenakolbert.com — not part of the NWMLS listing data.

Median list price$625k171 active listings
Cumulative Days Active87median, active listings
List price per sqft$320this home: —
Homes for sale171in Ferndale

Area figures compiled by irenakolbert.com from current active NWMLS listings — not part of this listing's data.

Listing details

StatusActive
MLS #2475761
ListedFeb 2, 2026
List price$16,350,000
Cumulative Days Active615
Property typeMulti-family
Listing brokeragePacific Continental Realty LLC
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Pacific Continental Realty LLC. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:42 PM (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website: listings located outside Whatcom and Skagit counties are not displayed.
$16,350,000Tour this home