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Provided by NWMLS, Listed by Dan Pittsenbarger, 360-738-7070 at Keller Williams Western Realty
3 Beds
3 Baths
2,326 sqft

$2,299,000

1510 40th Street, Bellingham WA, 98229

Price per sqft$988.39
Built in1964
Property size2,326 sqft
Property typeResidential

Overview

Active

Listed Aug 20, 2026

Updated 2 weeks ago

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. Value is in the land. 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.

$15,295/mo

Est. mortgage payment based on a $2,299,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2571857

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.56 Acres

Other Property Details

Taxes
$9,083
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Dan Pittsenbarger, 360-738-7070 at Keller Williams Western Realty

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/22/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/22/2026 at 7:51 PM UTC . 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.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 9/22/2026 at 7:51 PM UTC 

Julian Friedman

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