$2,299,000
Est. $12,634/mo3 bd•2.75 ba•2,326 sq ft
1510 40th Street, Bellingham, WA 98229
• Listed Aug 20, 2026•45 days active · 45 cumulative
Listing Broker: Keller Williams Western Realty; Dan Pittsenbarger; 360-739-9876; Dan@PittsenbargerTeam.com
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Listing Broker: Keller Williams Western Realty; Dan Pittsenbarger; 360-739-9876; Dan@PittsenbargerTeam.com
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. Value is in the land. 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.
Listed by Dan Pittsenbarger • Keller Williams Western Realty
Listing updated: September 24, 2026 at 06:08pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2571857
Around this home
How much should you offer?
1510 40th Street, Bellingham, WA 98229
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
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
- Fireplace (wood burning)
Kitchen
- Dryer
- Microwave
- Stove(s)/Range(s)
- Washer
Bedrooms
- 3 bedrooms total
- 3 on the main level
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 2.75 bathrooms total (NWMLS count)
- 3 on the main level
Layout
- 1 Story
- 2,326 sq ft finished
- 594 sq ft garage
Flooring
- Concrete
Heating & cooling
- Ductless heating
- Heat Pump heating
- High Efficiency (Unspecified) heating
- Stove/Free Standing heating
- Wall Furnace heating
- Ductless cooling
- Heat Pump cooling
- High Efficiency (Unspecified) cooling
Schools
Ratings via SchoolDiggerBellingham School District
- Happy Vly ElemPublic · Grades Elementary—
- Fairhaven Middle SchoolPublic · Grades 6-8 · State rank 91 of 5148/10
- Sehome High SchoolPublic · Grades 9-12 · State rank 77 of 3968/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 308X644
- Topography
- Level,Partial Slope,Sloped,Terraces
- Vegetation
- Garden Space, Wooded
- Lot number
- 1
- Zoning code
- RS2.0
- Zoning jurisdiction
- City
- Faces
- West
Systems
- Energy source
- Electric,Wood
- Power production
- Electric, Wood
- Water heater
- Electric Tankless
- Water heater location
- Laundry Room
- Power company
- Puget Sound Energy
- Water company
- City of Bellingham
- Sewer company
- Septic
- Garbage service
- Sanitary Service Co Inc
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Xfinity
Rooms & extras
- Bathtubs
- 2
- Showers
- 3
- Fireplaces on main
- 1
New construction
- Construction methods
- Standard Frame
- Square footage source
- Tax Records
- Lot size source
- Tax Records
- Effective year built source
- See Remarks
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Mortgage payment forecast
$13,966 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Keller Williams Western Realty; Dan Pittsenbarger; 360-739-9876; Dan@PittsenbargerTeam.com
Market pulse
Bellingham is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 77 days.
Recent sales nearby
Within 1 mile · last 6 months$920,000 Sold
0 days ago
4 bd•2.5 ba•~2,395 sq ft•Single Family
2207 Teal Court, Bellingham, WA 98229
3%
Under list
59
Days on market
0.5 mi
Distance
$780,000 Sold
3 weeks ago
3 bd•2.5 ba•~2,064 sq ft•Single Family
2203 36th Street, Bellingham, WA 98229
1%
Under list
84
Days on market
0.5 mi
Distance
$1,050,000 Sold
4 weeks ago
4 bd•3.25 ba•~2,954 sq ft•Single Family
1982 37th Street, Bellingham, WA 98229
0%
Over list
23
Days on market
0.4 mi
Distance
$2,550,000 Sold
3 months ago
3 bd•2 ba•~2,889 sq ft•Single Family
4320 Samish Crest Drive, Bellingham, WA 98229
0%
Over list
32
Days on market
0.3 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 26, 2026 at 8:49 PM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.
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