Waterfront

5462 Drayton Harbor Road, Blaine, WA 98230

Blaine, WA 98230 · Blaine
— bd— ba— sqft22.82 ac lotBuilt Land
$11,000,000 — / sqft · Cumulative Days Active: 39 Estimate your monthly payment ↓
Land, Blaine Listing by Specialty Real Estate Group 1 / 1
Price / sqft—
Lot22.82 acres
Year built—
TypeLand
HOANone
Cumulative Days Active39

About this home

Rare 22.82-acre development tract within Resort Semiahmoo on Drayton Harbor. Recorded as Tract A, Drayton Hillside Phase 2 (Whatcom AF# 2031202052). Zoned RPR (Blaine BMC 17.38) with base density of 3 units per net acre — defined as gross acreage less public ROW and commercial uses. Per the Semiahmoo Resort Master Plan, Tract A falls within Cove District Zones 8/9/10, grouped at 6–10 dwelling units per acre with clustered multifamily encouraged due to slopes over 30%. Project would require PUD approval under BMC 17.68, with density bonuses of 10% each available for superior neighborhood design, superior building design, and clustering (BMC 17.68.130.A–C). Phase 2 final plat is recorded; Tract A would be reviewed as a new preliminary and final plat under current regulations. Mapped as active/potential landslide hazard area — applicant geotech assessment determines buildable area. City water and sewer at site; utilities underground. Private roads, community waterfront access. Subject to recorded CC&Rs, Vegetation Management Plan, conservation easement on lots 1–6, and geohazard setback line. Buyer to independently verify entitlement specifics with City of Blaine.

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

Waterfront
Listed Jun 3, 2026MLS# 2534090

Facts & features

22.82 acLot
Building
TypeLand
Lot & exterior
Lot size22.82 acres (994,044 sqft)
ViewBay
WaterfrontBayfront
ZoningResidential
Utilities
SewerAvailable
WaterAvailable
HOA & taxes
HOA duesNone
Property tax (2026)$7,508 / yr
Interior features
Exterior & lot

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$56,35830-year fixed · 6.5%
P&I $55,622Taxes $626Insurance $110
Plus ~$330,000 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 Jun 3, 2026Listed for sale $11,000,000

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 Bellingham31 min
WWU32 min
St. Joseph Hospital30 min
Peace Arch border7 min

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

Median list price$575k318 active listings
Cumulative Days Active86median, active listings
List price per sqft$334this home: —
Homes for sale318in Blaine

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

Listing details

StatusActive
MLS #2534090
ListedJun 3, 2026
List price$11,000,000
Cumulative Days Active39
Property typeLand
Listing brokerageSpecialty Real Estate Group
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Specialty Real Estate Group. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:45 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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