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.
Active
Listed by: COMPASS • Derek Buse
$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
- --
- on Zillow
- 1,036
- views
- 44
- saves
Zillow last checked:
Listing updated:
Listed by:
Derek Buse,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2302433
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: $2,282,286
- Annual tax amount: $4,212
- Date on market: 10/17/2024
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
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 |
|---|---|---|
| 2025 | $21,818 +127.4% | $2,282,286 +113.4% |
| 2024 | $9,595 +127.7% | $1,069,425 +113.9% |
| 2023 | $4,213 | $500,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98229
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