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$545,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,230 Sq. Ft.

Listed by Micah Klemmeck | eXp Realty | (888) 877-9315

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See This Home
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Excellent investment opportunity in Bellingham's sought-after Puget Neighborhood. This 4-bedroom, 2-bath home offers over 1,200 sqft of living space on a large corner lot with a fully fenced yard. The property features multiple outbuildings, ample off-street parking, and strong potential for an ADU. Inside, you'll find a functional layout, large kitchen and plenty of storage, plus a daylight basement with a separate entrance and bonus room. Located just minutes from downtown Bellingham, Galbraith Mountain trails, Lake Whatcom, schools and shopping. With solid bones and a unique double lot, this is a rare chance to invest in a prime location with room to grow.

Full Property Details for 1501 Lakeway Dr

General

  • Price: $545,000
  • Taxes: $783 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2391365
  • Updated: 9/3/2025
  • Added to Site: 278 day(s) ago

Interior

  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Main Floor Baths: 1
  • Lower - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Lower: 2
  • Bedrooms Main: 2

Additional Information

  • Amenities: Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio, Sprinkler System
  • Security/Safety: Fully Fenced

Parking

  • Parking Features: Driveway, Off Street

Location

  • Area: 860 - Bellingham
  • County: Whatcom
  • Subdivision: Puget
  • Driving Directions: Head West On Lake Way Dr. Towards Whatcom Lake, Take Left On Puget St, Homes on the Right. Corner of Lakeway and Puget.

School Information

  • High School District: Bellingham

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Metal/Vinyl, Wood, Wood Products
  • Basement Desc.: Daylight, Partially Finished
  • Foundation: Poured Concrete
  • Roof: Composition
  • Square Feet: 1,230
  • Finished Total: 1,230 Sq. Ft.
  • Year Built: 1926
  • Property Condition: Fixer

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1552
  • Lot Size (Sq. Ft.): 6,760
  • Lot Size Source: Realist
  • Lot Dimensions: 6760
  • Topography: Partial Slope
  • Lot Features: Alley, Corner Lot, Paved, Sidewalk
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Tax Amount: $783
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, Owner Financing

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 3803322165240000

Listed by Micah Klemmeck | eXp Realty | (888) 877-9315

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1501 Lakeway Dr

School District:Bellingham School District
NameGradesDistance
Carl Cozier Elementary School
1330 Lincoln Street, Bellingham, WA 98229
PK-50.3 mi
Kulshan Middle School
1250 Kenoyer Drive, Bellingham, WA 98229
6-81 mi
Sehome High School
2700 Bill McDonald Parkway, Bellingham, WA 98225
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1501 Lakeway Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2025
Price Reduced
$545,000
-0.91%
MLS
6/12/2025
Listed
$550,000
189.47%
MLS
8/12/2004
Sold
$190,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1501 Lakeway Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,024
38%
$492,051
17%
2021
$2,916
-18%
$418,769
24%
2023
$3,544
22%
$337,726
14%
2021
$2,916
2%
$296,249
5%
2020
$2,863
23%
$281,204
43%
2018
$2,334
14%
$196,504
9%
2017
$2,056
10%
$180,946
5%
2016
$1,874
-17%
$171,611
-22%
2019
$2,248
20%
$221,378
35%
2016
$1,874
15%
$163,435
5%
2013
$1,629
—
$155,585
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Micah Klemmeck | eXp Realty | (888) 877-9315

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1501 Lakeway Dr., Bellingham, WA 98225 (MLS# 2391365) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 1501 Lakeway Dr. is currently listed for $545,000 and was received on June 12, 2025. Want to learn more about 1501 Lakeway Dr.? Do you have questions about finding other Single Family real estate for sale in Bellingham? You can browse all Bellingham real estate or contact a Coldwell Banker agent to request more information.

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