Date
Details
Price
Change
Source
8/20/2026
Listed
$2,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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. 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.
Full Property Details
Full Property Details for 1510 40th St
General
- Price: $2,299,000
- Taxes: $9,083 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2571857
- Updated: 8/21/2026
- Added to Site: 2 day(s) ago
Interior
- 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: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dryer(s), Microwave(s), Stove(s)/Range(s), Washer(s)
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
- Main Floor Baths: 3
- Main - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Additional Information
- Amenities: Cable TV, High Speed Internet, RV Parking
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 2
- Uncovered Spaces: 8
- Parking Features: Driveway, Attached Garage, RV Parking
Location
- Area: 860 - Bellingham
- County: Whatcom
- Subdivision: Samish
- Building Name: Chris Short Plat
- Driving 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.
- Direction Faces: West
School Information
- High School District: Bellingham
- Elementary School: Happy Vly Elem
- Middle School: Fairhaven Mid
- High School: Sehome High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless, Heat Pump, High Efficiency (Unspecified)
- Heating Type: Ductless, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing, Wall Furnace
- Water Heater: Electric Tankless
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: None
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 2,326
- Finished Total: 2,326 Sq. Ft.
- Year Built: 1964
- Property Condition: Under Construction
Lot Features
- Property View: Bay, Islands, Ocean, Sea, See Remarks, Sound
- Lot Size (Acres): 4.56
- Lot Size (Sq. Ft.): 198,634
- Lot Size Source: Tax Records
- Lot Dimensions: 308 x 644
- Topography: Level, Partial Slope, Sloped, Terraces
- Lot Features: Value In Land
- Trees/Vegetation: Garden Space, Wooded
Financial Considerations
- Tax Amount: $9,083
- Tax Year: 2026
- Terms: Cash, Rehab Loan, See Remarks
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dryer(s), Microwave(s), Stove(s)/Range(s), Washer(s)
- Property ID: 3703050330160000
- Lot Number: 1
Listed by Dan Pittsenbarger | Keller Williams Western Realty | (360) 738-7070
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Schools
Schools serving 1510 40th St
School District:Bellingham School District
| Name | Grades | Distance |
|---|---|---|
Happy Valley Elementary School, Bellingham, WA 1041 24th Street, Bellingham, WA 98225 | PK-5 | 1 mi |
Fairhaven Middle School 110 Parkridge Road, Bellingham, WA 98225 | 6-8 | 1.9 mi |
Sehome High School 2700 Bill McDonald Parkway, Bellingham, WA 98225 | 9-12 | 1.1 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 1510 40th St
Tax History
Tax History for 1510 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$168
20%
$79,750
367%
2024
$140
-35%
$17,094
30%
2021
$214
53%
$13,200
-43%
2023
$140
-35%
$23,235
7%
2021
$214
-30%
$21,715
-28%
2020
$305
-57%
$30,000
-49%
2018
$704
54%
$59,300
47%
2017
$458
64%
$40,328
46%
2019
$280
—
$27,534
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1510 40th St
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- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,889Sq. Ft.
Listed by Kate Fadden | John L. Scott Bellingham
Sold by Jacob Petz | Petz Real Estate
Sold by Jacob Petz | Petz Real Estate
- Industrial
- Closed
Listed by Julian Friedman | Muljat Group
Sold by Troy C. Muljat | Muljat Group
Sold by Troy C. Muljat | Muljat Group
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- Closed
- Updated 8 days ago
- 2Beds
- 3Total Baths
- 2,180Sq. Ft.
Listed by Lynda L. Hinton | Windermere RE Whatcom, Inc.
Sold by Jeff D Braimes | eXp Realty
Sold by Jeff D Braimes | eXp Realty
1510 40th Street, Bellingham, WA 98229 (MLS# 2571857) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1510 40th Street is currently listed for $2,299,000 and was received on August 20, 2026. Want to learn more about 1510 40th Street? 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.