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291 Arbel Way, Bellingham, WA, 98229

$5,800,000

0.91 Acres
Land

Location

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Property Highlights

WaterfrontSound
ViewBay, Sound, Territorial
MLS #2302433
Lot Size0.91 Acres
StatusActive

About 291 Arbel Way

Governors Point is a new enclave of 16 waterfront homes which will be designed by Omer Arbel. Just off Chuckanut Drive south of Bellingham, WA, the project sits on a pristine peninsula jutting into the Salish Sea. All homes will share a rigorous architectural language, which extends throughout the project, including private roads, gates, and other infrastructure. Buffered by a 100-acre nature reserve, the homes enjoy a grandfathered 75 saltwater setback and vistas overlooking the San Juan Islands. Each dwelling, on a +/- 1 acre lot, will be personalized by discerning buyers who appreciate ambitious design in intimate harmony with nature. San Juan Island lifestyle without the hassle of the ferry system.

Property Details

Property Features

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (360) 233-5033
  • Listing Agent: Derek Buse

Exterior Features

Exterior Information:

  • Waterfront: Sound
  • View: Bay, Sound, Territorial

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Paved, Secluded
  • Lot Size: 0.91 Acres

Other

Directions Information:

  • Directions: Exit 250 State 11 S/Old Fairhaven Pkwy. Turn right onto Old Fairhaven Pkwy. Follow 30th St. Turn left onto WA-11 S/Chuckanut Dr. Turn right onto Cove Rd. Right on Pleasant Bay. Gate entrance on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,800,000

HOA Fees:

  • Amount: $5000
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Bellingham, WA.

Med. Sold Price

$651.4K

Med. Price/SqFt

$399

Avg. Days On Market

39

# of Sold Homes

103

291 Arbel Way vs Bellingham

34 DAYS ON ROCKET

-5 Days

$5,800,000

+$5.1M More

KEY TAKEAWAY

This property is $5.1M more than the Median Sold Price in Bellingham, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2302433

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (360) 233-5033
  • Listing Agent: Derek Buse

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:47:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$29.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.4K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-245260
4
/10
  • Irene Reither Elementary School

  • 954 E Hemmi Rd

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-245261
1
/10
  • Cordata Elementary School

  • 4420 Aldrich Rd

  • 4.23 miles

  • Public District Grades PK-5

school-card-donut-245262
5
/10
  • Northern Heights Elementary School

  • 4000 Magrath Rd

  • 4.96 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,473. Typical income of Bellingham, WA residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Bellingham, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bellingham, WA?

Bellingham's housing market is diverse, offering a range of options from historic craftsman bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, while apartments and townhouses provide alternatives for those seeking a more urban living experience. The architectural styles reflect the city's growth, with many homes dating back to the early 20th century, alongside modern developments.

Is Bellingham, WA a good place to live?

Bellingham is celebrated for its vibrant community spirit and scenic beauty, nestled between the Salish Sea and the Cascade Mountains. The city prides itself on its active outdoor lifestyle, with numerous trails and parks for hiking and biking. Cultural events, such as the annual Ski to Sea Race and the Bellingham Festival of Music, highlight the community's engagement with both nature and the arts.

Are things conveniently located in Bellingham, WA?

The city is served by a robust educational system, including several public and private schools that cater to a range of educational needs. Healthcare is accessible through multiple clinics and a regional hospital that offers a variety of services. Bellingham's public library system is well-regarded, and the city's retail and dining scenes reflect its eclectic and health-conscious residents. Efforts are ongoing to adapt services to the evolving needs of the community.

What does the transportation in Bellingham, WA look like?

Bellingham's transportation infrastructure supports a mix of private and public transit options, with bus services connecting key areas of the city. The community is bike-friendly, with dedicated lanes and trails, and walkability varies across neighborhoods. Major roads and highways facilitate travel to nearby cities and regions, and improvements to transportation are continually being evaluated to enhance connectivity and reduce congestion.

Frequently Asked Questions About 291 Arbel Way

What is the listing price of this property?

The listing price of 291 Arbel Way property is $5,800,000.

What type of property is this?

The property 291 Arbel Way is land located in Bellingham, Washington, 98229.

Is this property for sale now?

Active Listing: 291 Arbel Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 291 Arbel Way is 0.91 acres.
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Rocket HomesWashingtonWhatcom CountyBellingham98229291 Arbel Way

This home is located at 291 Arbel Way in Bellingham, WA and zip code 98229. This home sits on a 0.91 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $5,800,000.

In October 2024, from all listings sold in Bellingham, WA there were more than 29 sold above asking price, over 54 sold below and more than 20 were sold right at the asked price. The number of listings in Bellingham, WA increased by 2.1% between September 2024 and October 2024. Listings spent 39 days on the market in October 2024, and had a median list price of $651,444 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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