David Devine

1510 40th Street

Bellingham, WA
$ 2,299,000 Beds 3 Baths 3 Sq 2,326
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,299,000
  • City
  • Bellingham
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • WHATCOM
  • Half Bathrooms
  • 0
  • Area
  • Bellingham
  • Lot Size
  • 4.56 Acres
  • Zip
  • 98229
  • Sqr Footage
  • 2,326
  • Year Built
  • 1964
  • Taxes
  • $ 9083
  • Style
  • Contemporary
  • MLS#
  • 2571857
Listed By: Keller Williams Western Realty and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 2326
Sewer Septic Tank
Heating Ductless,Heat Pump,High Efficiency (Unspecified),Stove/Free Standing,Wall Furnace
Cooling Ductless,Heat Pump,High Efficiency (Unspecified)
Possession Closing
Roof Composition
Appliances Dryer,Microwave,Stove(s)/Range(s),Washer
Architectural Style Contemporary
Year Built 1964
View Bay,Islands,Ocean,Sea,See Remarks,Sound
Topography Level,Partial Slope,Sloped,Terraces
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Building Name Chris Short Plat
County Whatcom
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Samish
Facing Direction West
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions From the north exit 252 Samish Way. Go east up the hill (Elwood Ave). At the top take a right (south) on 40th St. Left on gravel driveway serving several homes. First branch on the right to subject.
High School Sehome High
City Bellingham
Entry Location Main
Senior Community Y/N No
High School District Bellingham
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 198634
Carport Y/N No
Listing Terms Cash,Rehab Loan,See Remarks
Elementary School Happy Vly Elem
Land Lease Y/N No
Tax Annual Amount 9083
Middle/Junior High School Fairhaven Mid
Property Condition Under Construction
Public Remarks A rare South Bellingham development opportunity! This 4.56-acre property offers exceptional potential for up to 60 residential units under Bellinghams expanded middle-housing regulations. The elevate
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Bellingham
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,High Tech Cabling,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater
Basement None
Flooring Concrete
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Water Heater Type Electric Tankless
Water Heater Location Laundry Room
Fireplaces Main 1
Power Production Type Electric,Wood
Baths Three Quarter Main 1
Baths Full Main 2
Bathrooms 2.75

Exterior Features

Exterior Amenities Wood
Vegetation Garden Space,Wooded
Parking Features Driveway,Attached Garage,RV Parking
Lot Features Value In Land
Water Source Public
Total Parking 10
Inclusions Dryer(s),Microwave(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 2326
Lot Dimensions 308X644
Lot Size Acres 4.56
Waterfront Y/N No
Covered Spaces 2
Irrigation Water Rights Y/N No
Site Features Cable TV,High Speed Internet,RV Parking
Parking Uncovered Total 8
Lot Number 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Happy Vly Elem
Middle School Fairhaven Mid
High School Sehome High

Price History

8/20/2026 Listed $1,299,000

Property vs Zip Code Average in 98229

Price
AVG $1.09M
$2.3M
Taxes
AVG $7,312
$9,083
Year Built
AVG 1998
1964
Visits
AVG 130
57
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1510 40th Street Bellingham, WA is a Single Family Home for sale at $2299000 with 2326 sqft and a lot size of 4.56 Acres Acre(s). 1510 40th Street Bellingham has 3 bedrooms, 3 baths and was built in 1964. The property's zip code is 98229 which is in Bellingham, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

David Devine

David Devine

Real Estate Broker

503-381-3858

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