Turnkey 4-Lot Short Plat – Permit-Ready Townhome Development. Welcome to 21st Street T-Homes, a fully entitled development opportunity two years in the making. This turnkey project includes a completed 4-lot short plat and permit-ready plans for four zero-lot-line townhomes, with all development and entitlement costs already paid except for the building permits, which are ready for pickup today. The approved design features two separate buildings, each containing two townhomes: Two smaller townhomes fronting Lenora Street, each offering: 2 bedrooms, 1.5 bathrooms and Single-car garage. Two larger townhomes fronting 21st Street, each offering: 3 bedrooms, 2.5 bathrooms and Two-car garage. Ideally located between Western Washington University and Fairhaven, this project presents exceptional flexibility and investment potential. Build and sell the homes individually, construct and hold as two duplexes for long-term income, or explore the possibility of combining the four lots into two larger homesites (buyer to verify). A rare opportunity to step directly into a permit-ready project in one of Bellingham's most desirable locations.
Active
Listed by: Windermere RE Whatcom, Inc. • David Hovde
$525,000
1021 21st Street, Bellingham, WA 98225
--beds
--baths
6,237Square Feet
Unimproved Land
Built in ----
6,237 Square Feet Lot
$516,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 15 days |
- 173 |
- 5 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
David Hovde,
Windermere RE Whatcom, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2542764
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,237 Square Feet
- Dimensions: 50 x 125
- Features: Curbs, Paved, Sidewalk, Corners Flagged
Details
- Parcel number: 3702014732050000
- Zoning: RM1000
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: On Property
- Sewer: Available, On Property
- Water: Available, In Street, On Property, Jurisdiction: City of Bellingham
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Happy Valley
Location
- Region: Bellingham
Financial & listing details
- Tax assessed value: $437,661
- Annual tax amount: $3,847
- Date on market: 6/18/2026
- Cumulative days on market: 17 days
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$516,400
$491,000 - $542,000
$2,102/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $525,000+59.1% |
Source: | ||
| 3/11/2019 | Listing removed | $330,000 |
Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem | ||
| 3/11/2019 | Listed for sale | $330,000+13.8% |
Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem | ||
| 3/8/2019 | Sold | $290,000-12.1% |
Source: | ||
| 2/12/2019 | Pending sale | $330,000 |
Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem | ||
| 1/31/2019 | Listed for sale | $330,000 |
Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,584 +1.6% | $437,661 -3.5% |
| 2023 | $3,530 +7.8% | $453,308 +17.5% |
| 2022 | $3,274 +12.7% | $385,797 +24% |
| 2021 | $2,904 +5.3% | $311,135 +14% |
| 2020 | $2,759 | $272,923 +5.4% |
| 2019 | $2,759 +1.8% | $259,063 +19.3% |
| 2018 | $2,711 +19.6% | $217,142 +12.7% |
| 2017 | $2,266 -3.3% | $192,742 +8.7% |
| 2016 | $2,343 +24.6% | $177,385 +5.5% |
| 2015 | $1,880 | $168,171 +5% |
| 2014 | $1,880 +1.6% | $160,162 +4.3% |
| 2013 | $1,851 | $153,571 +0.8% |
| 2012 | -- | $152,349 0% |
| 2011 | -- | $152,418 -3.1% |
| 2010 | -- | $157,258 -8.3% |
| 2009 | $1,546 +101.8% | $171,470 |
| 2008 | $766 | $171,470 +120.4% |
| 2007 | $766 -13.6% | $77,815 |
| 2005 | $887 | $77,815 |
| 2004 | $887 +12.6% | $77,815 +19.6% |
| 2003 | $788 +2.8% | $65,075 |
| 2002 | $766 -0.4% | $65,075 |
| 2001 | $769 | $65,075 |
| 2000 | -- | $65,075 -0.4% |
| 1999 | -- | $65,315 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Happy Valley
Nearby schools
GreatSchools rating
- 6/10Happy Valley Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Fairhaven Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Sehome High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Happy Vly Elem
- Middle: Fairhaven Mid
- High: Sehome High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Whatcom County
- Bellingham
- 98225
- Happy Valley
- 1021 21st Street







