1510 40th Street, Bellingham, WA 98229

Bellingham, WA 98229 · Bellingham
— bd— ba— sqft4.56 ac lotBuilt Land
$2,299,000 — / sqft · Cumulative Days Active: 40 Estimate your monthly payment ↓
Land, Bellingham Listing by Keller Williams Western Realty 1 / 39
Price / sqft—
Lot4.56 acres
Year built—
TypeLand
HOANone
Cumulative Days Active40

About this home

Prime Bellingham Development Potential immediately adjacent to Samish Highlands. The property offers exceptional potential for the development of up to approximately 60 residential units, subject to subdivision, site planning, infrastructure capacity & City approval. Bellingham's expanded middle-housing regulations permit a much broader range of residential options than traditional single-family zoning previously allowed. The City defines "middle housing" as residential development that falls between a traditional detached single-family home and a larger apartment building. Permitted housing forms may include: Small-lot detached homes Cottage housing Accessory dwelling units Duplexes, triplexes and fourplexes Fiveplexes and sixplexes where qualifying conditions are met Townhomes Courtyard housing Stacked flats Keep the existing home while developing the site. The is a cool house but a work in progress. Value is in the land.

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

Listed Aug 20, 2026MLS# 2576665

Facts & features

4.56 acLot
Building
TypeLand
Lot & exterior
Lot size4.56 acres (198,634 sqft)
ViewBay, Islands, Ocean, Sea, See Remarks, Sound
WaterfrontNo
ZoningResidential
Utilities
SewerAvailable, In Street
WaterAvailable, In Street, On Property
HOA & taxes
HOA duesNone
Property tax (2026)$9,083 / yr
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$12,49230-year fixed · 6.5%
P&I $11,625Taxes $757Insurance $110
Plus ~$68,970 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 Aug 20, 2026Listed for sale $2,299,000

Tax history

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

Schools

Bellingham School District
ElementaryHappy Vly Elem
MiddleFairhaven Mid
HighSehome High
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 Bellingham7 min
WWU6 min
St. Joseph Hospital9 min
Peace Arch border35 min

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

Median list price$600k600 active listings
Cumulative Days Active74median, active listings
List price per sqft$392this home: —
Homes for sale600in Bellingham

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

Listing details

StatusActive
MLS #2576665
ListedAug 20, 2026
List price$2,299,000
Cumulative Days Active40
Property typeLand
Listing brokerageKeller Williams Western Realty
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Keller Williams Western Realty. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:53 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.
$2,299,000Tour this home