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Listed by Elizabeth Wolfe • Windermere Real Estate Whatcom.

FOR SALE

$379,000

Est. $1,912/mo

1 bd•1 ba

820 N State Street #521, Bellingham, WA 98225

• Listed 2026-03-11•12 days on market

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MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of May 26, 2026 at 09:12am (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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About this home

Bright, corner, 1-bedroom newly built condo with courtyard views in the heart of Bellingham. Located in Madrona Condominiums, a new six-story boutique community of 111 residences on State Street. This is a large 1-bedroom floorplan and is thoughtfully designed, offering upgraded finishes, efficient modern living, full appliance package, and secure gated garage parking. Residents enjoy two elevators, a shared terrace with a BBQ and fireplace for gathering and entertaining, and large windows that create a quiet interior retreat from the energy of town. Step outside to waterfront trails leading to Boulevard Park, local coffee shops, restaurants, and quick access to Fairhaven and WWU. Added bonus: City of Bellingham Tax Multi-Family Exemption program applies, so your annual property taxes are only $420/year for the first 8 years! Projected completion June 2026.

Property type

Condo

Year built

2026

Interior

Not listed

Lot size

Not listed

Parking

Common Garage

Price / sq ft

Not listed

HeatingDuctless

CoolingDuctless

Property taxes$420/yr (est.)

HOA dues$255/mo

Listed by Elizabeth Wolfe • Windermere Real Estate Whatcom

Listing updated: May 26, 2026 at 09:12am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2488780

RexMont Market Signal©

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-$379,000 under list price

Nearby comparable homes

RexMont uses 0 strongest recent nearby sales, priced between $InfinityM and $-InfinityK.5 outlier sales were excluded from this snapshot.Public-record comparables are supplemented with Google exterior imagery when MLS photos are unavailable.

Rental earnings

$0/mo

Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

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Rental earningsEst. $0 per month, before expense review

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820 N State Street #521, Bellingham, WA 98225

Your offerDown payment %

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List price

$379,000

Down payment

$75,800

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Mortgage payment forecast

$2,297 per month

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhood Compare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

Market pulse

Bellingham is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 16 days.

Recent sales nearby

Within 1 mile · last 6 months

$335,000 Sold
5 weeks ago
2 bd•1 ba•Condo
1031 N State Street #107, Bellingham, WA 98225
1%
Under list
—
Days on market
0.2 mi
Distance
$584,000 Sold
2 months ago
2 bd•2 ba•Condo
201 S State Street #a, Bellingham, WA 98225
1%
Under list
—
Days on market
0.8 mi
Distance
$609,000 Sold
4 months ago
2 bd•2 ba•Condo
201 S State Street #b, Bellingham, WA 98225
2%
Under list
—
Days on market
0.8 mi
Distance
$950,000 Sold
5 months ago
2 bd•Condo
1025 Granary Avenue #404, Bellingham, WA 98225
0%
Over list
—
Days on market
0.5 mi
Distance
$685,000 Sold
6 months ago
2 bd•1 ba•Condo
402 Boulevard #103, Bellingham, WA 98225
2%
Over list
—
Days on market
0.4 mi
Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Jun 2026

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