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Listed by: eXp Realty • Hanna McLendon • 360-220-6205

$1,149,000

151 Bay Lyn Drive, Lynden, WA 98264

4beds

2,804sqft

$7,223/mo

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Single Family Residence

Built in 1854

1.21 Acres Lot

$1,094,500 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.

--: on Zillow
109: views
4: saves

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: $664,717
Annual tax amount: $4,858
Date on market: 2/18/2026
Listing terms: Conventional,FHA
Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Total actual rent: 3700

Estimated market value

$1,094,500

$1.04M - $1.15M

$3,033/mo

Price history

Date	Event	Price
5/26/2026	Listed for sale	$1,149,000$410/sqft
Source: NWMLS as distributed by MLS GRID #2481632 Report a problem
5/20/2026	Pending sale	$1,149,000$410/sqft
Source: NWMLS as distributed by MLS GRID #2481632 Report a problem
2/18/2026	Listed for sale	$1,149,000$410/sqft
Source: NWMLS as distributed by MLS GRID #2481632 Report a problem