5865 Anderson Avenue, Ferndale, WA 98248

Ferndale, WA 98248 · Ferndale
— bd— ba— sqft2.3 ac lotBuilt Land
$1,950,000 — / sqft · Cumulative Days Active: 223 Estimate your monthly payment ↓
Land, Ferndale Listing by Gage CRE 1 / 3
Price / sqft—
Lot2.3 acres
Year built—
TypeLand
HOANone
Cumulative Days Active223

About this home

Strategically located property offering excellent visibility and convenient access, situated in close proximity to the I-5 Exit 263 on- and off-ramps. The Mixed-Use Commercial zoning designation permits a wide range of uses, including retail, restaurant, office, hotel, and multi-family residential development. The site features development-friendly characteristics, including flat topography and close proximity to existing utility infrastructure. The property also includes an existing ±12,000 square foot building, which is currently non-conforming and not connected to utilities.

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

Listed Feb 24, 2026MLS# 2483988

Facts & features

2.3 acLot
Building
TypeLand
Lot & exterior
Lot size2.3 acres (100,044 sqft)
WaterfrontNo
ZoningCommercial
Utilities
SewerIn Street
WaterAvailable
HOA & taxes
HOA duesNone
Interior features
Exterior & lot

Monthly payment

Full calculator →

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$11,51430-year fixed · 6.5%
P&I $9,860Taxes $1,544Insurance $110
Plus ~$58,500 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 24, 2026Listed for sale $1,950,000

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.
⬤ Street view ↗
Downtown Bellingham15 min
WWU17 min
St. Joseph Hospital15 min
Peace Arch border21 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 #2483988
ListedFeb 24, 2026
List price$1,950,000
Cumulative Days Active223
Property typeLand
Listing brokerageGage CRE
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Gage CRE. 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.
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