1510 40th Street, Bellingham, WA 98229 (MLS # 2571857)

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Listing provided courtesy of Northwest MLS; Keller Williams Western Realty

PRICE $2,299,000
BEDS 3
BATHS 2.75
HOME SIZE 2,326 sqft
LOT SIZE 4.56 ac

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. 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.

LAST UPDATED 8/20/2026 TRACT Samish
YEAR BUILT 1964 COMMUNITY Samish
COUNTY Whatcom STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Happy Vly Elem
Jr. High School Fairhaven Mid
High School Sehome High


ADDITIONAL DETAILS
AIR Ductless, Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dryer, Electric Water Heater, Microwave, Washer, Water Heater
AREA 860 - Bellingham
BASEMENT None
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Ductless , Electric, Heat Pump, Wall Furnace, Wood
INTERIOR Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
LOT 4.56 acre(s)
LOT DESCRIPTION Value In Land
LOT DIMENSIONS 308X644
MLS STATUS Active
PARKING Driveway, Attached, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Samish
TAXES 9083
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION Bay, Ocean, See Remarks, Sound
WATER Public

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/21/26 2:18 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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