$1,149,000
Est. $5,840/mo4 bd•1 ba•2,804 sq ft
151 Bay Lyn Drive, Lynden, WA 98264
• Listed 2026-02-18•56 days on market
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Based on information submitted to the MLS GRID as of May 26, 2026 at 02:18pm (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.
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Opportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus a 1-bedroom+bonus room MIL suite, currently producing $3,700 per month. The true value lies in the three separate, legally parceled multi-family lots at the rear—zoned to allow up to 16 total units. In-city multi-family density with this level of flexibility is hard to find. Strong rental demand, prime location near shopping and services, and scalable development potential make this a standout investment. Secure cash flow today. Build long-term wealth tomorrow.
Listed by Hanna McLendon • eXp Realty
Listing updated: May 26, 2026 at 02:18pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2481632
$1,127,000
-$22,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $615K and $1.04M.
Rental earnings
$3,375/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$615,000Last sold price
416 Stremler Drive, Lynden, WA 98264

$629,000Last sold price
1612 Kok Road, Lynden, WA 98264
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
151 Bay Lyn Drive, Lynden, WA 98264
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$6,532 per month
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Lynden is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 12 days.
$1,195,000 Sold
3 months ago
4 bd•1.5 ba•~2,586 sq ft•Single Family
1710 Farmview Terrace, Lynden, WA 98264
8%
Under list
—
Days on market
0.8 mi
Distance
$750,000 Sold
6 months ago
4 bd•2.5 ba•~2,170 sq ft•Single Family
197 Bay Lyn Drive, Lynden, WA 98264
6%
Under list
—
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Lynden School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.