$850,000
Est. $4,307/mo405 Arbutus Place, Bellingham, WA 98225
• Listed 2026-03-30•67 days on market
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Based on information submitted to the MLS GRID as of April 7, 2026 at 01:38pm (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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Extraordinary Bay and Island views in a sought after location on Bellingham's southside. Rare opportunity to build your dream home in the Edgemoor neighborhood offering spectacular views and access to walking trails, Chuckanut Bay and within walking distance to Old Fairhaven. Great Southwest exposure and a gentle sloping lot with over 20,000 square feet and convenient circular road access and privacy. All City services in street and extensive preliminary building preparation completed including Geotest and site plan available upon request. You'll marvel at the incredible sunsets and the outstanding vistas from this one-of-a-kind homesite just minutes from I-5. Vancouver B.C. and Seattle are nearby as well as the beautiful Cascade Mountains and Mt. Baker Ski Resort. Ski in the morning, sail in the afternoon... it's all here!
Listed by Rick Monrean • Muljat Group
Listing updated: April 7, 2026 at 01:38pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2499782
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Sun, Jun 14$496,000
-$354,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $462K and $530K.
Rental earnings
$1,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$462,000Last sold price
2431 Franklin Street, Bellingham, WA 98225
$530,000Last sold price
2739 Sunset Drive, Bellingham, WA 98225
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.
405 Arbutus Place, Bellingham, WA 98225
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 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,044 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Bellingham is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 22 days.
$862,500 Sold
4 months ago
5 bd•1 ba•~2,700 sq ft•Single Family
507 Lyla Lane, Bellingham, WA 98225
4%
Under list
—
Days on market
0.7 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 Jun 2026
Bellingham 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.
