Active

Listed by: COMPASS

$5,800,000

291 Arbel Way, Bellingham, WA 98229

--beds

--baths

0.91Acres

Unimproved Land

Built in ----

0.91 Acres Lot

$-- Zestimate^®

$--/sqft

$417/mo HOA

What's special

Waterfront homes

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. Property extends to the mean low tide mark allowing access and recreation on each property at Governors Point. San Juan Island lifestyle without the hassle of the ferry system.

619 days

1,168

43

Facts & features

Interior

Features

Has fireplace: No

Interior area

Total structure area: 0

Property

Features

Has view: Yes
View description: Bay, Sound, Territorial
Has water view: Yes
Water view: Bay,Sound
Waterfront features: Medium Bank, Saltwater, Sound

Lot

Size: 0.91 Acres
Features: Adjacent to Public Land, Cul-De-Sac, Paved, Secluded, Brush, Evergreens, Heavily Forested
Topography: Sloped

Details

Parcel number: 3702264353080000
Zoning: RR5A
Zoning description: Residential,Jurisdiction: County
Special conditions: Standard

Utilities & green energy

Electric: In Street
Gas: Not Available
Sewer: Not Available
Water: Available, In Street, Jurisdiction: City of Bellingham
Utilities for property: Electricity Available, Snow Removal

Community & HOA

Community

Features: CCRs, Gated
Security: Security Service
Subdivision: Chuckanut

HOA

Services included: Common Area Maintenance, Road Maintenance, Security, Snow Removal
HOA fee: $5,000 annually

Location

Region: Bellingham

Financial & listing details

Tax assessed value: $1,069,425
Annual tax amount: $4,212
Date on market: 10/17/2024
Cumulative days on market: 619 days
Listing terms: Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/17/2024	Listed for sale	$5,800,000
Source: NWMLS as distributed by MLS GRID #2302433 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,595 +127.7%	$1,069,425 +113.9%
2023	$4,213	$500,000

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.

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