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  • Listed by: eXp Realty • Hanna McLendon
    $1,149,000

    151 Bay Lyn Drive, Lynden, WA 98264

    4beds
    2,804sqft
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    Single Family Residence
    Built in 1854
    1.21 Acres Lot
    $1,115,700 Zestimate®
    $410/sqft
    $-- HOA

    What's special

    Opportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus a 1-bedroom+bonus room MIL suite, currently producing $3,700 per month. The true value lies in the three separate, legally parceled multi-family lots at the rear—zoned to allow up to 16 total units. In-city multi-family density with this level of flexibility is hard to find. Strong rental demand, prime location near shopping and services, and scalable development potential make this a standout investment. Secure cash flow today. Build long-term wealth tomorrow.
    152 days
    |
    139
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hanna McLendon,

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2481632MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Lower
      Bathroom full
      • Level: Main
      Bathroom three quarter
      • Level: Lower
      Other
      • Level: Lower
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Kitchen without eating space
      • Level: Lower
      Living room
      • Level: Main
      Living room
      • Level: Lower
      Heating
      • Fireplace, 90%+ High Efficiency, Electric, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
      Features
      • Flooring: Ceramic Tile, Laminate
      • Windows: Dbl Pane/Storm Window
      • Number of fireplaces: 2
      • Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 2,804
      • Total interior livable area: 2,804 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Second Kitchen, Dbl Pane/Storm Window, Fireplace
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 1.21 Acres
      • Features: Paved, Value In Land, Cable TV, Outbuildings
      • Topography: Partial Slope
      • Residential vegetation: Garden Space
      Details
      • Parcel number: 4002254804550000
      • Zoning: Multi Family
      • Zoning description: Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1854
      • Major remodel year: 1954

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Septic Tank, Company: Septic
      • Water: Public, Company: City of Lynden
      • Utilities for property: Comcast

      Community & HOA

      Community
      • Subdivision: Lynden
      HOA
      • HOA phone: 360-220-6205
      Location
      • Region: Lynden

      Financial & listing details

      • Price per square foot: $410/sqft
      • Tax assessed value: $552,788
      • Annual tax amount: $4,858
      • Date on market: 2/24/2026
      • Cumulative days on market: 147 days
      • Listing terms: Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
      • Total actual rent: 3700

        Estimated market value

        $1,115,700

        $1.06M - $1.17M

        $3,013/mo

        Price history

        DateEventPrice
        5/26/2026Listed for sale$1,149,000$410/sqft
        Source: NWMLS as distributed by MLS GRID #2481632 Report a problem
        5/20/2026Pending sale$1,149,000$410/sqft
        Source: NWMLS as distributed by MLS GRID #2481632 Report a problem
        2/18/2026Listed for sale$1,149,000+14.9%$410/sqft
        Source: NWMLS as distributed by MLS GRID #2481632 Report a problem
        12/30/2022Sold$1,000,000+59%$357/sqft
        Source: NWMLS as distributed by MLS GRID #2013770 Report a problem
        12/27/2022Pending sale$629,000$224/sqft
        Source: NWMLS as distributed by MLS GRID #2013770 Report a problem
        12/20/2022Listed for sale$629,000$224/sqft
        Source: NWMLS as distributed by MLS GRID #2013770 Report a problem
        11/24/2022Pending sale$629,000$224/sqft
        Source: NWMLS as distributed by MLS GRID #2013770 Report a problem
        11/2/2022Listed for sale$629,000+72.3%$224/sqft
        Source: NWMLS as distributed by MLS GRID #2013770 Report a problem
        9/10/2018Listing removed$365,000$130/sqft
        Source: RE/MAX Whatcom County, Inc. #1330966 Report a problem
        9/10/2018Listed for sale$365,000$130/sqft
        Source: RE/MAX Whatcom County, Inc. #1330966 Report a problem
        9/10/2018Pending sale$365,000$130/sqft
        Source: RE/MAX Whatcom County, Inc. #1330966 Report a problem
        9/10/2018Listed for sale$365,000-1.6%$130/sqft
        Source: RE/MAX Whatcom County, Inc. #1330966 Report a problem
        9/7/2018Sold$371,000+1.6%$132/sqft
        Source: NWMLS as distributed by MLS GRID #1330966 Report a problem
        8/21/2018Pending sale$365,000$130/sqft
        Source: RE/MAX Whatcom County, Inc. #1330966 Report a problem
        8/16/2018Listed for sale$365,000$130/sqft
        Source: RE/MAX Whatcom County, Inc. #1330966 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2022$4,537 +11.6%$552,788 +26%
        2021$4,067 +2.8%$438,719 +13%
        2020$3,954 $388,244 +13.5%
        2019$3,954 +18.7%$342,067 +11.2%
        2018$3,331 +5.9%$307,482 +13%
        2017$3,147 +226.1%$272,108 -10.9%
        2016$965 -72.2%$305,477 +3%
        2015$3,469 $296,452 +9.4%
        2014$3,469 +18.5%$271,019 -1.4%
        2013$2,928 $274,847 +3.6%
        2012-- $265,276 -3%
        2011-- $273,480 +0.3%
        2010-- $272,620 -8.5%
        2009$2,844 +118.8%$298,000 +73.7%
        2008$1,300 $171,525 -42.4%
        2007$1,300 $298,000 +91.6%
        2005-- $155,525
        2004$2,113 -1%$155,525
        2003$2,134 -1.2%$155,525
        2002$2,160 +0.2%$155,525 +1.6%
        2001$2,155 $153,060 +1329.8%
        2000-- $10,705
        1999-- $10,705
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 98264

        Getting around

        39 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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