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$2,299,000
1510 40th Street , Bellingham, WA 98229
Bellingham, WA, 98229
Active · 1 days on market
3Beds
3Baths
2,326Sq Ft
1964Year built
4.56Lot (acres)
Single Family ResidenceType

About this home

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.

Interior features

Bath Off Primary
Dbl Pane/Storm Window
Dining Room
Fireplace
High Tech Cabling
Pantry
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater

Exterior features

Wood

Appliances

Dryer
Microwave
Stove(s)/Range(s)
Washer

Parking

Driveway
Attached Garage
RV Parking

Schools

Elementary: Happy Vly Elem
Middle: Fairhaven Mid
High: Sehome High
District: Bellingham

Request a tour or more info

Courtesy of Keller Williams Western Realty. The data relating to real estate for sale on this site comes in part from the Northwest Multiple Listing Service (NWMLS). Listings held by brokerage firms other than this brokerage are marked by the three-tree symbol; detailed information about such listings includes the name of the listing brokerage. This information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. All information is deemed reliable but not guaranteed and should be independently verified.

Based on information from the Northwest Multiple Listing Service as of August 21, 2026.

ARAgencyOne RealtyAgencyOne Realty · Questions about this home?